Youngone Corporation, a Korean textile and apparel company, will invest rs. 900 cr at the Kakatiya Mega Textile Park (KMTP) at Warangal. The 290-acre facility is expected to generate 12,000 jobs. The firm will make knitted and woven garments and technical textile products, predominantly for exports. The Korean company, with annual revenues of over $1.75 bn, has operations in 13 countries, including in the US, Switzerland, Bangladesh and Vietnam.
