AP CM sanctioned Rs.100 Crores

Amaravati, June 28: The Andhra Pradesh Chief Minister N.Chandrababu Naidu has sanctioned Rs.100 crore for the Micro, Small and Medium Enterprises Development Corporation(MSME).

After launching the logo of AP MSMEDC, he said the Corporation would help to develop marketing, branding, skill development and quality improvement of products, on Tuesday in Vijayawada.

Participating as chief guest at International MSME Day celebrations, Chandrababu Naidu said 15 acres of land would be allotted for MSME Bhavan in Amaravati for research, development and training programs for MSMEs.

He said that the state government would extend the subsidy to MSMEs at right time and asked the small entrepreneurs to adopt the latest technology to meet the market demands.



He said if necessary consultants should be appointed for the promotion of small entrepreneurs and common infrastructure should be developed in industrial townships for them.

Chandrababu Naidu appealed to small entrepreneurs to strive hard for innovation continuously and the state government is ready to provide necessary infrastructure.