GTE holds its fourth edition in Bangalore
GTE (Garment Technology Expo) is India's largest and most comprehensive exhibition in the Apparel Industry, wherein Garment machinery manufacturers, technology suppliers, accessories and service providers converge on this single platform. GTE is a window to the world attracting a huge number of renowned exhibitor and potential buyers, from India and abroad.
With double growth potential every year and Technology as the backbone of the future, indeed has grown to become a platform to showcase latest developments and discuss directions in apparel technology at the time when the industry looks for new technology.
As GTE always emphasise not only for technology 'buyers' we are also for upgrading of knowledge, as it's the best place to learn about new developments in the Apparel Industry. Here the strategy impacts its ability to remain competitive, effective, particularly now and the key role that sustainability will play in the future. One of the most important factors driving changes in the apparel & knitting industry today is to face with the open market competition.
The changing scenario of the Textile Industry in Karnataka coincides with the GTE'10 Bangalore to benefit the Apparel Industry by large.
The Textile Industry occupies a key position in the economy of Karnataka in terms of its contribution to industrial production, employment and exports. Karnataka accounts for 20% of Garment production, 8% of garment exports and is considered one of the major Garment Hubs Internationally. It is estimated that the current garment exports of the State are valued at Rs.4000 crores accounting for 15% of Karnataka's total exports.
Karnataka offers immense potential for growth in the Textile Sector. The Government of Karnataka has announced a policy namely “Suvarna Vastra Neethi 2008-2013” for strengthening and developing a dynamic and growth oriented textiles sector and enhance its contribution to overall industry and economic development of Karnataka.
The Government of Karnataka has proposed the following new locations for setting up of new units with all the infrastructural facilities which form the back bone of any industry like land, roads, water and power, etc. have been made available to textiles and garment sector.
The 454 acres of Textiles and Apparel Park in Doddaballapur is already operational. Proposed locations for Textiles and Apparel Parks are Bellary, Davangere, Ramnagaram, Belgaum, Gulbarga, Rabakavi, Banhatti, Bagalkot, Mysore. 545 acres of land has already been allotted for Garment manufacturing industry by State Level Single Window Clearance Committee and State High Level Clearance Committee. Various Private Industrial estates have been set up.. Roads, Water, Power, Common Effluent Treatement Plants, Telecommunication, etc. have been facilitated by Karnataka Industrial Areas Development Board (KIADB).
Several incentives have also been offered under theTextile Policy to manufacturers. Credit Linked Capital subsidy, Entry Tax reimbursement, stamp duty reimbursement, common infrastructure assistance for Greenfield Textile Parks, power subsidy, assistance for common effluent treatment plant and hazardous waste disposal facility, capacity building support, assistance for skill development.