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Ministry ready to set up MSME Park in AP, says Kalraj Mishra

Updated: Jan 21, 2017 07:57:28am
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Ministry ready to set up MSME Park in AP, says Kalraj Mishra

Visakhapatnam, Jan 21 (KNN) Union Minister for MSMEs Kalraj Mishra during the course of Women Entrepreneurs Meet 2017 on Friday said his ministry is ready to set up an SME Park in Andhra Pradesh, “If necessary, it can be developed in PPP mode”, he added.

He spoke while attending the one-day workshop ‘SHAKTI - Women Entrepreneurs Meet 2017’ as a chief guest. Large number of Women entrepreneurs and delegates took part in the Shakti Women’s Entrepreneurs meet at a hotel here.

The workshop was organized by Indian Small and medium enterprises (SME) forum along with State Bank of India and AP Chamber of Commerce and Industry.

Expressing his gratitude towards women empowering theme, he said “we need to offer, substantial knowledge and national best practices in doing business, access to financing, innovation in projects, assessing risks and growth mantras as envisaged in the ‘stand up India’ programme to our women entrepreneurs”.

Giving the example of Japan and Germany, how they became prosperous by setting up small industries which became mega industries over a period of time, he said his government is making all-out efforts to overcome them.

AP industries and AP Invest director CEO Karthikeya Mishra said, the city has become the fastest growing industrial hub with a long coast line.

According to him, such moves of the government would further push the already growing economy of the state and beneficial for the MSMEs as well.

Speculating the need of awareness among women entrepreneur, Vizag MP Kambhampati Haribabu said banks are not achieving the desired target for disbursal of loans under different schemes. Also, some women entrepreneurs may not be aware of all the assistance, “so, awareness is the need of the hour, especially in rural and backward areas apart from urban,” he added. (KNN)

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