■   175 parks to come up in 175 constituencies

■   In first phase, MSME parks will be developed in 40 constituencies with an investment of ₹2,000 crore 

■   50 MSME parks in the first phase would be developed with an investment of Rs 592 crore

■   Nano parks could be set up in the land up to an extent of 10 acres

■   MSME parks might come up between 10 and 100 acres of land

metro india news  I AMARAVATI

The Andhra Pradesh Chief Minister N Chandrababu Naidu virtually inaugurated 11 MSME (Micro, Small and Medium Enterprise) parks here on Thursday. He also laid the foundation stone for 39 MSME parks in the state. He also inaugurated a park in Narampet village.

The Chief Minister said that even farmers can become entrepreneurs and the government is willing to extend a helping hand to anyone. He further added that the 50 MSME parks in the first phase would be developed with an investment of Rs 592 crore.

MSME parks would be developed with an investment of ₹592 crore. The State government would create at least one MSME park in each constituency. In the first phase, the MSME parks would be developed in 40 constituencies with an investment of ₹2,000 crore,” he said

“We will provide electricity, sheds, and all other basic infrastructure. Anyone can directly come forward to set up a factory. By FY 2027–28, 15,000 MSME units will be established, creating 2 lakh jobs in the State,” the CM said.

He said that the government will facilitate 20 lakh jobs and called upon enterprising people to come forward and become entrepreneurs. The Chief Minister said, reiterating his ambition to create one entrepreneur from each family.

Mr Naidu said that all help would be extended to budding entrepreneurs which includes electricity sheds and other facilities related to infrastructure. He reiterated that just as Hyderabad was developed, now it is the turn of Amaravati which will become a capital of world standard.