With much embarrassment caused to the state government from the announcement of Kerala-based garment manufacturer Kitex Garments that it would backtrack from a Rs 3,500-crore investment in the state, Kerala Industries Minister P Rajeev gave his assurance that he would look into the grievances.
Rajeev also urged that investors should try to redress concerns by taking up the matters with the state government instead of making statements that defame the state.
Kitex Garments chairman and managing director Sabu M Jacob on Tuesday said that frequent raids were being carried out by different government agencies at its units at Kizhakkambalam in the suburbs of Kochi over the last few weeks.
He alleged that it was to settle political revenge as he was heading the Twenty20 forum that contested in the elections. He said that owing to the anti-industry conditions he was backtracking from the Rs 3,500-crore project proposals, which included setting up apparel parks and industrial parks.
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