The two facilities will manufacture garments that include sportswear and athleisure wear, and provide employment to 7,000 local youngsters.
Telangana Industries Minister KT Rama Rao wth the Page Industries delegation and other officials in Hyderabad on Wednesday, 16 November, 2022. (Supplied)
Page Industries, which owns brands like Jockey and Speedo, will invest ₹290 crore to set up two facilities in Telangana.
These two facilities will reportedly manufacture garments that include sportswear and athleisure wear, and are expected to provide employment to a total of 7,000 local youngsters.
The announcement was made after a top management team from the company led by Managing Director V Ganesh met Telangana Industries Minister KTR at Pragathi Bhavan on Wednesday, 16 November.
The first of the two proposed locations of Page Industries is the Whitegold Spintex Park Facility at Ibrahimpatnam.
It will reportedly be a 1.5 lakh sq ft plug-and-play facility built by Whitegold Spintex Park and leased to Page Industries.
This facility is expected to provide jobs to 3,000 local youngsters.
The second proposed location is in Mulugu in Siddipet, where Page Industries will reportedly build its own facility in a 25-acre parcel.
This facility is expected to provide employment to 4,000 local youngsters.
Delighted to share that popular inner wear brand Jockey (Page Industries) will be setting up garment manufacturing factories in Ibrahimpatnam & Mulugu, producing 1 Cr garments creating 7000 jobs in the state
Hearty Welcome & best wishes to the company as it embraces Telangana 👍 pic.twitter.com/HAHGtqy3jx
— KTR (@KTRBRS) November 16, 2022
KTR welcomed Page Industries to Telangana and assured its officials of all possible cooperation from the state government.
IT and Industries Department Principal Secretary Jayesh Ranjan, TSIIC VC & MD Narsimha Reddy, and Director Textiles Mihir Parekh were among those who were present at Wednesday’s meeting.
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