THIRUVANANTHAPURAM: After the news that Kitex Apparel Park has decided against starting in Kerala, Sabu M Jacob, Managing Director of Kitex, clarified why UP was selected among the investment-friendly states. "We need to understand how UP, which was behind the investment-friendly rankings Gill, came in second. The Chief Minister directly gives clearance to new industries there, he said in an interview to a Malayalam news media.
"Following the bad experience in Kerala, I received invitations from Tamil Nadu, Gujarat, Madhya Pradesh and Odisha. All these states are taking an industrial approach. Callers from these states themselves range from high-ranking officials to ministers. Many who invited me in the new situation asked what specifically should be allowed.The reality here is that you don't get anything special", he said.
At the same time, Sabu said that if he stays in Kerala, he will lose 80 percent of his talent. "Anyway, Apparel Park in Kerala was abandoned. Last month was just torture. I was not been able to do any work for a month. Those who spend the money earned by going to the Gulf and other places to start a business here will lose it.