Chandrababu Naidu virtually inaugurates 11 MSME parks, lays foundation stone for 39 more
All together, these 50 MSME parks would be developed with an investment of ₹592 crore. The State government would create at least one MSME park in each constituency. In the first phase, the MSME parks would be developed in 40 constituencies with an investment of ₹2,000 crore, said Mr. Naidu, giving a call to people of the State to set up new industries.
'The NDA government's main goal is to create an entrepreneur in every household. The MSME parks are developed with plug-and-play facilities. We will provide electricity, sheds, and all other basic infrastructure. Anyone can directly come forward to set up a factory. By FY 2027–28, 15,000 MSME units will be established, creating 2 lakh jobs in the State,' Mr. Naidu said.
'We are committed to providing jobs to 20 lakh people. Large-scale investments are coming into the State due to the trust in the government, generating employment for youth. The MLAs should take responsibility for creating jobs in their constituencies. Even farmers can set up MSME parks. The government will give the necessary approvals,' the Chief Minister said.
He said nano parks could be set up in the land up to an extent of 10 acres, the MSME parks might come up between 10 and 100 acres of land, and major parks in more than 100 acres. Women should also become industrialists and become financially empowered, the Chief Minister said, reiterating his ambition to create one entrepreneur from each family.
MSME Minister Kondapalli Srinivas said the government's goal was to develop 175 MSME parks in 175 constituencies in the State and provide employment opportunities to lakhs of youth by setting up industries. As part of this, the inauguration ceremony of 11 MSME parks developed in the State and the inauguration of 39 MSME parks was held.
He said that these parks were being developed on about 1,500 acres at a cost of ₹592 crore. The establishment of these parks would provide direct employment opportunities to 50,000 people and indirect employment opportunities to one lakh people. The establishment of these parks had taken a powerful step towards achieving Swarnandhra, he added.
Industries Minister T.G. Bharath said having confidence on the vision of the Chief Minister, many industrialists were coming forward to invest in the State. The State witnessed an overall investment of ₹8.5 lakh crore in 10 months because of a brand called 'Chandrababu Naidu', he added.
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