Hardware park in city

The state government will set up a hardware park at an estimated cost of   Rs 650-750 crore near Bangalore International Airport (BIA).  M N Vidyashankar, principal secretary, Department of Industries, GOK, said more than 50 companies were already willing to take part.

“We are spending about Rs 650-750 crore and will recover the money, by selling offices to companies. The revenue  from these companies could be over 10 times the orginial investment,” he said. The work would begin from September.