Tuesday, March 28, 2006

Gokaldas to set up textile SEZ in B’lore

Gokaldas to set up textile SEZ in B’lore
Deccan Herald

Gokaldas Exports Limited is setting up an exclusive special economic zone (SEZ) for Apparel and Textile at an investment of Rs 1,250 crore.

The SEZ would be located on Kanakapura Road and would be spread out in 400 acres to house 50 factories with a total employment of 50,000 workmen.

Besides an independent Apparel Training Centre it will also have a laboratory for testing of fabrics and raw materials.

Apart from accessories manufacturers the park will comprise of spinning and weaving units, dyeing units, garmenting units, and other allied manufacturing activities. The total export revenue from the proposed SEZ is expected to the tune of Rs 2,500 crore, a company release said.

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