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Foundation laid for MSME park in Krishnapuram
Foundation laid for MSME park in Krishnapuram

Time of India

time07-05-2025

  • Business
  • Time of India

Foundation laid for MSME park in Krishnapuram

Visakhapatnam: Minister for micro, small, and medium enterprises, Kondapalli Srinivas , expressed hope that the first MSME Park in north Andhra would become a model for AP in the minister, along with Bheemili MLA Ganta Srinivasa Rao , said that chief minister Chandrababu Naidu envisioned the MSME parks to prevent educated rural youth from having to travel far for employment. They explained that industries worth Rs 100 crore would be established in the Krishnapuram MSME Park in Padmanabham mandal in Bheemili constituency, with infrastructure provided at a cost of Rs 12.40 crore. In the first phase, 163 plots are being developed over 22 foundation stone for the proposed MSME Park in Krishnapuram was laid by minister Kondapalli Srinivas, MLA Ganta Srinivasa Rao, and MSME corporation chairman T Shivashankar. They stated that the govt's policy is to decentralise development, intending to establish an MSME park in every constituency within the next two years. The parks are expected to reduce employment migration in north Andhra. They also revealed that 200 acres are being acquired in Tharluwada for the Google company, indicating significant development opportunities in the Bheemili Ganta Srinivasa Rao pointed out that farmers in seven inam villages in the constituency are facing difficulties due to lack of full ownership rights, preventing them from accessing govt schemes. Joint collector Mayur Ashok responded, stating that record work for three villages is complete, and passbooks will soon be issued to all farmers. Youth leader Ganta Raviteja, RDO K Sangeet Madhur, Padmanabham Mandal Party President Korada Ramana, APIIC, industry department officials, and coalition leaders the end of the event, the stage collapsed due to overcrowding. However, minister Kondapalli Srinivas, MLA Ganta Srinivasa Rao, and others were safely escorted off the stage by their personal security, allowing everyone to breathe a sigh of relief. No injuries were reported in the incident.

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