The Micro, Small and Medium Enterprises (MSME) sector will get a major push as the Andhra Pradesh government has proposed to set up an exclusive model industrial township in a 200-acre site outside Vijayawada.
Taking cue from its neighbouring telangana state, which had decided to set up Industrial parks for Chinese SMEs in Medak, Andhra government has taken this step to promote MSMEs which had huge potential for growth particularly in food processing and engineering. Telangana was carved out of Andhra Pradesh a couple of years back to become 29th state in the country.
Besides infrastructure facilities for MSMEs, the township will have a skill development training centre and a residential facility for workers.
It will come up between Gannavaram and Veerapanenigudem villages on the outskirts of Vijayawada, a release from the Chief Minister’s Office said.
Andhra Pradesh Chief Minister N Chandrababu Naidu met with representatives of MSME sector here this afternoon and said the government would extend all support in setting up industrial units.
A special officer would be appointed to oversee infrastructure development and assist entrepreneurs in securing necessary permissions.
While uninterrupted power and water supply to the township would be ensured, the Chief Minister also agreed to construct a flyover connecting Gannavaram and Veerapanenigudem to avoid traffic hassles, the release added.
Information Minister Palle Raghunadha Reddy and officials of industries department attended the meeting.
Source: Business Standard
