Kay Ventures to Establish Apparel Super Hub in Telangana

Hyderabad Mar 13: Another Major Group has decided to invest in Telangana . Kay Ventures joined has decided to set up an Apparel Super Hub (ASH) at Sircilla Textile Park.

The Company has signed an MOU with Telangana Government and the pact was inked to this effect by Handlooms and Textiles Commissioner Shailaja Ramaiyyar with the company representatives in the presence of Handlooms and Textiles Minister K T Rama Rao at the State Secretariat here on Tuesday.

MInister KTR has said that " the establishment of ASH will play a crucial role in transforming lives of weavers in Sircilla and its surroundings."

The Company has said that "will be setting up the hub with an investment of Rs 100 crore and take up operations in three phases. The unit will provide direct employment to over 15,000 weavers and indirect employment to another 15,000 members where 90 percent of employees would be women."