AP govt eyeing large enterprises as 'anchor investors' for MSME Parks

Vijayawada, Jan. 20 -- In a bid to get more businesses for the Micro, Small and Medium Enterprises (MSME) in the state, the Andhra Pradesh (AP) Government is eying to attract large enterprises, as anchor investors in the MSME Parks (M-Parks) that are being developed as per the MSME Parks Policy-2018-23.

The objective of the policy is to set up MSME Parks in all the Assembly constituencies spanning into 25 to 100 acres to realise their potential.

The state government has also operationalised the MSME Development Corporation (M-Corp), which has been designated as the nodal agency, and tasked the AP Industrial Infrastructure Corporation (APIIC) with the execution part.

With a motive to make large enterprises to enter into business relati...