Industrial cluster near Amravati inaugurated, 75 MSMEs part of project

New Delhi, Oct 3 (KNN) In a bid to increase the footprint of  Micro, Small and Medium Enterprises (MSMEs) in the the state, Andhra Pradesh Chief Minister N Chandrababu Naidu, recently, inaugurated 75 industrial units at the industrial cluster near Amravati.

Speaking at the inaugural event, Naidu emphasized that the small and medium enterprises play crucial role in the development of any region.

He further said that with over 75 MSMEs to come up in the industrial cluster, the employment opportunities as well as the economy graph of the region is likely to accelerate positive.

The newly inaugurated cluster is expected to attract global investments as the cluster offers favorable MSME ecosystem with various subsidies and incentives.

The inauguration is a part of the phase wise implementation of the state government’s program.  The MSME cluster program is to be implemented in phases. For the first phase, the State Government has allotted lands to set up the MSMEs.

These MSME will specialize manufacturing in different fields including aerospace components, machine spares, home appliances etc. (KNN/DA)