Sabu M. Jacob | |
|---|---|
| Born | Kizhakkambalam,Ernakulam, Kerala, India |
| Nationality | Indian |
| Alma mater | Union Christian College, Aluva |
| Occupation | Businessman |
| Parents |
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| Awards | Finalist for EY Entrepreneur of the Year 2015 |
Sabu M. Jacob (born 11 May 1962) is an Indian businessman fromKerala. He is the managing director ofKitex Garments Limited.[1] He is the chief coordinator and mentor ofTwenty20 Kizhakkambalam, a non-profit organization developed as a Total Responsibility Program to effectively contribute to the social and economic development ofKizhakkambalam Panchayath where the company operates the aim is to makeKizhakkambalam the best developed village in India by 2020.[2][3][4]
Sabu M. Jacob was born to M. C. Jacob, founder chairman of theAnna Kitex Group and one ofKerala's pioneering industrialists.[5] After his schooling he got graduation in Economics. He has been ManagingDirector of Kitex Garments Ltd since 16 August 2006 and has been its chief financial officer since 25 January 2016.[6] Inspired by his father's entrepreneurial success, Sabu decided to establish a garment unit of his own in 1992. This 100% export oriented business began its operations from Kizhakkambalam in 1995, and has today, emerged as the world's third largest infant wear manufacturing company.[7] The company is listed as one of the best Asian companies by Forbes.[8] As of 27 March 2019, his net worth stands at Rs 2,204 crores.[9]
In 2013Twenty-20 was founded to implementCorporate Social Responsibility initiatives of the company inKizhakkambalam, the eastern suburb ofKochi. The long-term objective ofTwenty-20 is to make Kizhakkambalam a model village by the year 2020 – a model ofsustainable development, replicable anywhere inIndia and the world.[10] In November 2015Twenty-20 managed to win local body elections[11] with 69 percent vote share[12]Development initiatives were carried out byTwenty-20 through Housing Projects,[13] Drinking WaterProjects, Health, Agriculture, Education, Employment Opportunities, Green initiative, Anti-Corruption, Infrastructure, school upgrades and kindergartens, supplementary diet, Anti Alcohol Movement[14] environmental protection activities and women empowerment programs.[15][16][17][18][19]
Kitex MD, Sabu M. Jacob featured among the finalists for EY Entrepreneur of the Year 2017.[20]