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Complete land allotments in all MSME parks in 30 days, Minister tells APIIC
Complete land allotments in all MSME parks in 30 days, Minister tells APIIC

The Hindu

time16-05-2025

  • Business
  • The Hindu

Complete land allotments in all MSME parks in 30 days, Minister tells APIIC

Andhra Pradesh Minister for MSME, SERP, and NRI Empowerment and Relations Kondapalli Srinivas on Thursday reviewed the status of the proposed 175 MSME Parks across the State with focus on accelerating land allotment and infrastructure development. APIIC VC & MD Abhishikt Kishore and other senior officials participated in the meeting held at the APIIC headquarters in Mangalagiri. Mr. Srinivas directed the APIIC to complete land allotments in all the MSME parks within 30 days, urging immediate support to entrepreneurs. He emphasised fast-tracking the process in the 11 parks already inaugurated, and mandated biweekly progress review meetings. To ensure transparency and effective monitoring, the officials were instructed to submit updates every 15 days and maintain a detailed tracker outlining each park's status with specific timelines. In a move to make land affordable, the Minister encouraged the APIIC to seek financial support under the Ministry of MSME's MSE-CDP scheme, which could significantly reduce land costs for entrepreneurs. He also urged officials to explore the Public-Private-People Partnership (P4) model to enhance private sector participation in park development. The meeting reflected the government's commitment to boosting industrial growth and job creation by strengthening the MSME ecosystem across the State.

Heavy investments flowing into State: Minister TG Bharat
Heavy investments flowing into State: Minister TG Bharat

Hans India

time14-05-2025

  • Business
  • Hans India

Heavy investments flowing into State: Minister TG Bharat

Mangalagiri: Industries, Commerce, and Food Processing Minister TG Bharat stated that industrialists are showing great interest in investing in Andhra Pradesh. He participated in a conference with General Managers (GMs) from all districts, held at the APIIC office in Mangalagiri, alongside Commissioner of the Industries Department and APIIC Managing Director Abhishikt Kishore. During the conference, he inquired about details of pending projects in the districts and permissions related to companies planning to invest. Discussions were held on projects approved in the past five State Investment Promotion Board (SIPB) meetings. The current status of companies like Arcelor Mittal, BPCL, LG Electronics, TAFE, and Tata Consultancy Services was reviewed. Subsequently, the Industrial Policy and MSME Policy were explained, and concessions to be provided to industrialists were discussed district-wise and industry-wise. Speaking on the occasion, Minister TG Bharat said that since the formation of his government, the state has been attracting significant investments. He emphasized that officials in the districts where industrialists are setting up industries must have full awareness of the developments. The government is encouraging aspiring industrialists, and there should be no issues in granting permissions for establishing industries. He instructed that any field-level challenges should be immediately brought to the attention of senior officials. The minister stressed that officials must play a role in the state's development. The government is giving high priority to both large companies and MSMEs, he noted. He announced that an MSME park is being established in every constituency. Food processing units and handloom textile parks are also being set up, which will attract local investments and create job and employment opportunities. The role of GMs at the district level is crucial in the establishment of industries, he said. Minister TG Bharat directed every official to work responsibly.

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