The Andhra Pradesh government inaugurated an MSME Business Expo in Visakhapatnam with a focus on promoting industrial growth and creating employment opportunities.
Andhra Pradesh Tourism, Culture and Cinematography Minister K. Durgesh announced the state government's priority towards the development of Micro, Small and Medium Enterprises (MSMEs) and start-ups. During his speech at the MSME Business Expo in Visakhapatnam, which will run until the 13th of this month, he revealed that the government is implementing AP MSME and Entrepreneur Development Policy 4.0. This policy aims to attract investments worth 50,000 crore rupees in the MSME sector over five years and create one lakh 75,000 jobs. Furthermore, Durgesh mentioned that 175 micro parks are being established across the State, with one in each Assembly constituency, to support entrepreneurs and promote business growth.
Source:
Akashvani News
