Andhra CM inaugurates MSME growth summit, lays foundation for 38 parks

Andhra Pradesh Chief Minister N Chandrababu Naidu inaugurated the One Family-One Entrepreneur MSME growth summit 2026, announcing measures to strengthen the sector and laying foundation stones for 38 MSME parks.

Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday inaugurated the One Family-One Entrepreneur MSME growth summit 2026 here and laid the foundation stone virtually for 38 MSME parks.

He also announced measures to strengthen the sector.

On the occasion, the government entered into agreements with companies such as Meta, Amazon and Zoho to promote investment and entrepreneurship.

More than 1,500 participants, including Micro, Small and Medium Enterprises (MSME) industrialists, PM Vishwakarma beneficiaries, policymakers, representatives of financial institutions and technical experts from across Andhra Pradesh attended the programme.

''The proposed MSME parks are intended to provide plug-and-play industrial infrastructure and improve ease of establishing enterprises in the state,'' an official release said.

The chief minister noted that foundation stones had already been laid for 100 industrial parks in the first and second phases and some of them have also been inaugurated.

Naidu also launched Rural Technology Action Group (RuTAG) Smart Village Centre Extension centres under the Ratan Tata Innovation Hub in Kuppam, Mangalagiri and Pithapuram to encourage rural entrepreneurship.

The government further issued orders releasing Rs 200 crore for establishing common facility centres in 45 industrial clusters across Andhra Pradesh, the release added.