>Tonyjaimy at 03:49, 25 September 2021

2021-09-25T03:49:06Z

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{{Short description|Indian conglomerate}}{{Infobox company
| name = Anna Kitex Group
| logo =
| logo_size = 150px
| image = Kitex Limited kizhakkambalam Aluva.jpg
| image_caption = Kitex Building in [[Aluva]]
| native_name = അന്ന കിറ്റെക്സ് ഗ്രൂപ്പ്
| former_name = Anna Group
| founded = 1968
| founder = M.C Jacob
| hq_location = [[Kizhakkambalam]], [[Aluva]], [[Ernakulam]]
| key_people = {{Unbulleted list | [[Sabu M. Jacob]] |Bobby M Jacob
}}
| production = {{Unbulleted list | Aluminum | Packaged curry powder | Garments | Bags
}}
| brands = {{Unbulleted list | Kitex | Anna Aluminum | Sara's | Chakson |Dezire | Scoobee Day
}}
| subsid = Kitex Garments Limited<ref>{{Cite web|url=https://www.moneycontrol.com/india/stockpricequote/textiles-readymade-apparels/kitexgarments/KG01|title=Kitex Garments Ltd.}}</ref>
| website = {{URL|www.annagroup.net}}
}}

'''Anna Kitex Group''' is an Indian [[conglomerate (company)|conglomerate]] based in [[Kizhakkambalam]], [[Ernakulam]] in [[Kerala]], founded by M.C Jacob in 1968.<ref>{{Cite web|title=Anna Aluminum Private Limited - Company, directors and contact details |url=https://www.zaubacorp.com/company/ANNA-ALUMINIUM-PRIVATE-LIMITED/U28110KL2019PTC060572|access-date=2021-07-12|website=Zauba Corp}}</ref> The Group initially made aluminum products such as kitchen utensils and cookware in the 1970s, and later ventured into producing spices, textiles, and bags.<ref>{{Cite web|title=When was Kitex Garments started?|url=https://www.moneycontrol.com/news/business/explained-kitex-garments-controversy-why-the-company-pulled-its-proposal-to-invest-rs-3500-crore-in-kerala-7133251.html|url-status=live|access-date=2021-07-13|website=Moneycontrol|language=en}}</ref> The Group's flagship company, Kitex Garments Limited, is reportedly the world's second largest [[infant clothing]] manufacturer.<ref>{{cite news |title=Kitex exits Kerala: A multi-crore blow the state could ill-afford |url=https://newsable.asianetnews.com/business/kitex-exits-kerala-a-multi-crore-blow-the-state-could-ill-afford-vpn-qw2v1m |access-date=12 July 2021 |work=Asianet News Network Pvt Ltd |language=en}}</ref> The Group also runs a [[non-profit]], political organisation called [[Twenty20 Kizhakkambalam]] based in Kizhakkambalam.<ref>{{cite news |title=Kizhakkambalam Twenty 20: How a corporate group has entered the Kerala Assembly polls |url=https://www.thenewsminute.com/article/kizhakkambalam-twenty-20-how-corporate-group-has-entered-kerala-assembly-polls-145127 |access-date=13 July 2021 |work=The News Minute |date=12 March 2021 |language=en}}</ref>

== History ==
In 1968, M.C Jacob Founded Anna Aluminum Limited with eight workers.<ref>{{Cite web|last1=July 31|first1=|last2=|first2=|last3=|first3=|last4=|first4=|title=Kerala: CPI(M)-backed trade union strike lands philanthrope M.C. Jacob in trouble|url=https://www.indiatoday.in/magazine/nation/story/19890731-kerala-cpim-backed-trade-union-strike-lands-philanthrope-m.c.-jacob-in-trouble-816323-1989-07-31|url-status=live|website=India Today}}</ref> 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.<ref>{{Cite web|title=History of KITEX Garments - |url=https://www.indiantextilemagazine.in/kitex-vision-2025-aiming-at-rs-2165-crore-turnover-by-investing-rs-910-crores-in-six-years/|url-status=live|access-date=2021-07-12|website=The Textile Magazine|language=en-US}}</ref>

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.<ref>{{Cite web|title=Sabu And Bobby Jacob: Cut From A Different Cloth|url=https://www.forbesindia.com/article/family-business/sabu-and-bobby-jacob-cut-from-a-different-cloth/62983/1|access-date=2021-07-12|website=Forbes India|language=en}}</ref>

As of 2021, Kitex Garments, a subsidiary of the Group, is the world’s second largest [[infant wear]] producer as well as a major supplier to [[Walmart]] and [[Amazon (company)|Amazon]]. The Group is one of the largest [[private sector]] employers in the state of [[Kerala]].<ref>{{Cite web|title=Panchayats unlimited|url=https://www.theweek.in/theweek/statescan/2020/12/31/panchayats-unlimited.html|access-date=2021-07-13|website=The Week|language=en}}</ref>

In July 2021, Kitex Garments Limited announced that they are investing {{INR}}1000 crore in [[Telangana]] by setting up a factory at the [[Kakatiya Mega Textile Park]] in [[Warangal]], after dropping their earlier plan of investing {{INRconvert|3500|c}} in Kerala.<ref>{{Cite web|title=Kitex Enters Telangana With Initial Investment Of Rs 1,000 Crore|url=https://www.moneycontrol.com/news/business/kitex-enters-telangana-with-initial-investment-of-rs-1000-crore-announces-kt-rama-rao-7152461.html|access-date=2021-07-13|website=Moneycontrol|language=en}}</ref>

== Brands ==

* Kitex Limited
* Anna Aluminum
* Sara's
* Chakson
* Dezire
* Scoobee Day

== Kitex Garments Limited ==
Kitex Garments Limited is the export handle of Anna Kitex Group

==References==
{{reflist}}

== External links ==
{{Ccat}}

* {{Official website}}

[[Category:1968 establishments in Kerala]]
[[Category:Conglomerate companies of India]]
[[Category:Conglomerate companies established in 1968]]

Anna Kitex Group - Revision history

>Tonyjaimy at 03:49, 25 September 2021