Anna Kitex Group
 | |
 Kitex Building in Aluva | |
Native name | അന്ന കിറ്റെക്സ് ഗ്രൂപ്പ് |
|---|---|
| Formerly | Anna Group |
| Founded | 1968 |
| Founder | M. C. Jacob |
| Headquarters | Kizhakkambalam, Aluva, Ernakulam |
Key people |
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Production output |
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| Brands |
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| Subsidiaries | Kitex Garments Limited[1] |
| Website | www |
Anna Kitex Group (also known as Kitex) is an Indian conglomerate founded by M. C. Jacob in 1968 and based in Kizhakkambalam, Ernakulam in Kerala.[2]
The group initially made aluminum products such as kitchen utensils and cookware in the 1970s, and later ventured into producing spices, textiles, and bags.[3] Its flagship company, Kitex Garments Limited, is reportedly the world's second-largest infant clothing manufacturer.[4] It also runs a non-profit, political organization called Twenty20.[5]
History
[edit]In 1968, M. C. Jacob founded Anna Aluminum Limited with eight workers.[6] Anna Aluminum Limited changed its name as Anna Group in 1972 and launched a packaged curry powder brand.
In 1978, Anna Group launched a garment brand called Kitex Limited, an acronym of 'Kizhakkambalam Textiles'.
In 1992, Anna Group expanded its business to the global markets by launching Kitex Garments Limited.[7]
In the early 2000s, Anna Group was rebranded as Anna Kitex Group.
In 2011, after the death of M. C. Jacob, company management split between his sons. The elder son handles business in domestic markets, while the younger son runs its international business.[8]
As of 2021, Kitex Garments, a subsidiary of the group, is the world’s second largest infant clothing producer as well as a major supplier to Walmart and Amazon. The Group is one of the largest private sector employers in the state of Kerala.[9]
In July 2021, Kitex Garments Limited announced that they are investing ₹1,000 crore in Telangana by setting up a factory at the Kakatiya Mega Textile Park in Warangal, after dropping their earlier plan of investing ₹3,500 crore (US$420 million) in Kerala.[10]
Brands
[edit]- Kitex Limited
- Anna Aluminum
- Saras Spices
- Chakson Products
- Dezire Bags
- ScooBee Day Bags
References
[edit]- ^ "Kitex Garments Ltd".
- ^ "Anna Aluminum Private Limited - Company, directors and contact details". Zauba Corp. Retrieved 2021-07-12.
- ^ "When was Kitex Garments started?". Moneycontrol. Archived from the original on 2021-07-10. Retrieved 2021-07-13.
- ^ "Kitex exits Kerala: A multi-crore blow the state could ill-afford". Asianet News Network Pvt Ltd. Retrieved 12 July 2021.
- ^ "Kizhakkambalam Twenty 20: How a corporate group has entered the Kerala Assembly polls". The News Minute. 12 March 2021. Retrieved 13 July 2021.
- ^ July 31. "Kerala: CPI(M)-backed trade union strike lands philanthrope M.C. Jacob in trouble". India Today. Archived from the original on 2021-07-09.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "History of KITEX Garments -". The Textile Magazine. Archived from the original on 2021-07-12. Retrieved 2021-07-12.
- ^ "Sabu And Bobby Jacob: Cut From A Different Cloth". Forbes India. Retrieved 2021-07-12.
- ^ "Panchayats unlimited". The Week. Retrieved 2021-07-13.
- ^ "Kitex Enters Telangana With Initial Investment Of Rs 1,000 Crore". Moneycontrol. Retrieved 2021-07-13.
External links
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