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CPM Govt unfriendly to industries in Kerala: Kitex MD Sabu Jacob

Kochi, Jun 9 (UNI) In a scathing attack against CPI(M)-led LDG Government for its alleged unfriendly attitude towards industries in Kerala, Kitex Managing Director Sabu Jacob said he was forced to skip Kerala due to harassment from the Left Government.
"My Rs 3500 crore business was shifted from Kerala to another south Indian state. My company was raided multiple times in a month, proving CPM's attitude towards investors and showing a lack of Government support in Kerala. But, they could not find any violation of law," the Kitex MD told newspersons here on Monday.
He was responding to Industry Minister P Rajeeve's comment that the Kitex owner is still in Kerala, where he established and flourished his business. Though the Kitex MD has announced the launch of his company in Andhra, but it did not materialize," he added.
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