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Telangana govt keen to expand MSME industrial park to 2000 acres

Updated: Jul 04, 2020 06:50:22am

Telangana govt keen to expand MSME industrial park to 2000 acres

Hyderabad, Jul 4 (KNN) The Telangana government is planning to expand the industrial parks set up for Micro, Small and Medium Enterprises (MSMEs) at Dandu Malkpaur, outskirts, from the existing 400 acre to about 2000 acres. 

''The state government will extend all support to develop the MSME sector in the state. A 400-acre MSME park has already come up in Dandu Malkapur near Hyderabad, which will be expanded to 2000 acres. We are offering land at a very concessional rate with all infrastructure available like continuous power, water supply," said state Principal Secretary, (Industries & Commerce and ICT), Jayesh Ranjan while addressing an e-conference on How to make Telangana the Golden State for MSMEs organised by FICCI here on Friday.

Rajan further said the government wants to set up more MSME parks adding that "lot of post COVID realities have changed the dynamics of MSMEs, therefore, what used to work for them 5-6 years ago, needs to be reviewed.''

"Setting up a think-tank to deliberate on the issues pertaining to the MSME sector will also bring a lot of credibility. Let this not be one of things, let's create a sub group in the Think Tank which would continue working on this good work for MSMEs,'' he added.

Muralidharan, Chairman FICCI Telangana State Council said that we have a very progressive state government, and this is the best of time for the MSME sector to grow.

Dr Nirmalya Bagchi, Director General (In-charge) ASCI said that MSMEs have a lot of potential.

''MSMEs have a lot of creativity and innovation and in order to improve the businesses, MSMEs should also look at improving their products and services,'' Bagchi added.

Later, Om Prakash Mishra, CGM, SBI Hyderabad said that credit is not the only factor, but other factors like labour, technology etc. are important for MSMEs.

He further said that more awareness should be created so the number of MSMEs also increased.


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