New Delhi, Aug 14 (KNN) With the government’s approval for release of Rs 270 crore, the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is preparing the ground to develop infrastructure in 31 MSME Parks across the State.

Towards this, APIIC officials had identified lands for as many as 31 MSME parks and sent proposals to the government a few months back seeking allocation of funds for the development of infrastructure like roads, water and electricity.

Also, the government has issued orders for acquisition/allotment of suitable government or private land for the development of MSME Clusters/ Parks in all the 175 Assembly constituencies for which state also wished for in an extent of 100 acres to promote industrial growth in the state.

However, due to constraints in land acquisition, the APIIC officials identified land of not less than 25 acres and more as per availability for setting up of MSME Parks.

Finally, the government gave administrative sanction for Rs 270.43 crore, including infrastructure subsidy of Rs 132.3 crore, to develop infrastructure in 31 MSME Parks in Phase I of the MSME Parks Policy.