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Anna Kitex Group

From Wikipedia, the free encyclopedia
(Redirected fromKitex Garments Limited)
Indian conglomerate
Anna Kitex Group
Kitex Building inAluva
Native name
അന്ന കിറ്റെക്സ് ഗ്രൂപ്പ്
FormerlyAnna Group
Founded1968; 57 years ago (1968)
FounderM. C. Jacob
HeadquartersKizhakkambalam,Aluva,Ernakulam
Key people
Production output
  • Aluminum
  • Packaged curry powder
  • Garments
  • Bags
Brands
  • Kitex
  • Anna Aluminum
  • Saras Spices
  • Chakson Products
  • Dezire Bags
  • ScooBee Day Bags
SubsidiariesKitex Garments Limited[1]
Websitewww.annagroup.net

Anna Kitex Group (also known asKitex) is an Indianconglomerate founded by M. C. Jacob in 1968 and based inKizhakkambalam,Ernakulam inKerala.[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-largestinfant clothing manufacturer.[4] It also runs anon-profit, political organization calledTwenty20.[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 largestinfant clothing producer as well as a major supplier toWalmart andAmazon. The Group is one of the largestprivate sector employers in the state ofKerala.[9]

In July 2021, Kitex Garments Limited announced that they are investing1,000 crore inTelangana by setting up a factory at theKakatiya Mega Textile Park inWarangal, after dropping their earlier plan of investing3,500 crore (US$410 million) inKerala.[10]

Brands

[edit]
  • Kitex Limited
  • Anna Aluminum
  • Saras Spices
  • Chakson Products
  • Dezire Bags
  • ScooBee Day Bags

References

[edit]
  1. ^"Kitex Garments Ltd".
  2. ^"Anna Aluminum Private Limited - Company, directors and contact details".Zauba Corp. Retrieved2021-07-12.
  3. ^"When was Kitex Garments started?".Moneycontrol.Archived from the original on 2021-07-10. Retrieved2021-07-13.
  4. ^"Kitex exits Kerala: A multi-crore blow the state could ill-afford".Asianet News Network Pvt Ltd. Retrieved12 July 2021.
  5. ^"Kizhakkambalam Twenty 20: How a corporate group has entered the Kerala Assembly polls".The News Minute. 12 March 2021. Retrieved13 July 2021.
  6. ^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)
  7. ^"History of KITEX Garments -".The Textile Magazine.Archived from the original on 2021-07-12. Retrieved2021-07-12.
  8. ^"Sabu And Bobby Jacob: Cut From A Different Cloth".Forbes India. Retrieved2021-07-12.
  9. ^"Panchayats unlimited".The Week. Retrieved2021-07-13.
  10. ^"Kitex Enters Telangana With Initial Investment Of Rs 1,000 Crore".Moneycontrol. Retrieved2021-07-13.

External links

[edit]
Wikimedia Commons has media related toAnna Kitex Group.
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