To invest in a Rs. 2,800-crore semiconductor plant; to generate direct employment for over 2,000 people Mysore/Mysuru: Mysuru-based Kaynes Technology has entered into an agreement with the Telangana Government to establish a semiconductor plant in that State with an investment of Rs. 2,800 crore. “The company has signed a Memorandum of Understanding (MoU) with the…
Political Leadership and State’s Prosperity
July 10, 2021On July 9, Kitex Garments, the second-largest children’s apparel manufacturer in the world, announced that the company would invest an initial Rs. 1,000 crore in Warangal, Telangana. How this investment came about has lessons for many States and its Ministers. Initially, this was a Rs. 3,500-crore project, which was supposed to come up in Kerala…
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