Andhra Pradesh Industries Minister Gudivada Amarnath laid foundation stones and inaugurated several industries worth ₹4,178 crore, in virtual mode at the Secretariat at Velagapudi on February 14 (Wednesday). He also inaugurated APMSMEONE, a website, and launched the Raising and Accelerating MSME Productivity (RAMP).
The Minister said that the State government was extending all possible help for setting up industries. “As many as 2.5 lakh MSMEs have been set up in the State during the last four and a half years. Andhra Pradesh has stood first in the country on Ease of Doing Business for the last three years. The government has commenced construction of four new ports with an estimated cost of ₹20,000 crore. Eleven industrial corridors are being set up across the country. Of this, Visakhapatnam-Chennai, Chennai-Bangalore, Bangalore-Hyderabad industrial corridors are being established in the State,” said the Minister.
Mr. Amarnath said that the government was putting in efforts to provide employment to youth by setting up 50 industrial clusters in 26 districts, adding that the Detailed Project Reports (DPRs) had already been prepared.
