With an annual turnover of Rs 4,500 crore the booming textile industry of Bangalore is helping the Silicon City to earn yet another tag name -- the 'Garment City'. Cashing on Bangalore's international brand value and its garment industry potential the government has unveiled a mega plan to set up an international standard 'Apparel Park' close to Bangalore, where all the activities starting from procurement of material to exporting will take place at one common point. The 32.5 crore project funded by the state and central government will be developed as an industrial township with state-of-the-art infrastructure under the guidance of a special purpose vehicle set up by the Karnataka Industrial Area Development Board, which is the project implementing agency. The Apparel Park projects a turnover of Rs 10,000 crore per annum and an employment potential of 50,000.

Source: Times of India, December 31, Wednesday 2003-12-31

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