The Congress government will soon announce a new industry-friendly policy to provide fresh impetus to industrial growth with necessary changes in rules and incentives to the Medium, Small and Micro Enterprises (MSMEs) as per the wishes of the citizens of Telangana, said Minister for IT and Industries D. Sridhar Babu on Wednesday.
Participating in an interaction meeting with the industrial bodies including the Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce & Industry (FICCI), Dalit Indian Chamber of Commerce &Industry (DICCI) and others, the Minister said people of Telangana wanted a change in governance and similarly, the government is determined to make wholesome changes in the industrial policy to encourage entrepreneurship across all districts.
The government will take in suggestions and feedback from the industry before formalising the proposed new industrial policy including formation of urban clusters, regional clusters and semi-urban clusters for setting up of new industries. A decision on setting up of a dry port too will be examined, he said.