As many as 350 enterprises have been established in Alappuzha under the ‘Samrambhaka Varsham 2.0’ (Year of Enterprises 2.0) project of the Industries department.
It is the continuation of the Year of Enterprises scheme launched last year that aimed to establish one lakh Micro, Small, and Medium Enterprises (MSMEs) across the State. The Year of Enterprises 2.0 aims to create one lakh new MSMEs in the State in the 2023-24 period.
Officials said 9,953 enterprises had been established in the district in 2022-23. “The first phase of the scheme saw the district garnering investments to the tune of ₹527.57 crore. It helped generate 21,213 jobs. For the successful implementation of Year of Enterprises 2.0, 86 enterprise development executives have been appointed in panchayats and municipalities in the district,” the official said.
