Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday inaugurated the One Family-One Entrepreneur MSME Growth Summit 2026 and virtually laid the foundation stone for 38 MSME parks, while also announcing several initiatives to boost the sector.
During the event, the Andhra Pradesh government signed agreements with companies including Meta, Amazon, and Zoho to encourage investment and entrepreneurship in the state.
The programme saw participation from more than 1,500 attendees, including MSME entrepreneurs, PM Vishwakarma beneficiaries, policymakers, financial institution representatives, and technical experts from across Andhra Pradesh.
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According to an official release, the proposed MSME parks are aimed at providing plug-and-play industrial infrastructure and making it easier to establish enterprises in the state.
Naidu said that foundation stones for 100 industrial parks had already been laid during the first and second phases, with several of them already inaugurated.
He also launched Rural Technology Action Group (RuTAG) Smart Village Centre extension centres under the Ratan Tata Innovation Hub in Kuppam, Mangalagiri, and Pithapuram to support rural entrepreneurship.
Additionally, the state government issued orders releasing Rs 200 crore for setting up common facility centres in 45 industrial clusters across Andhra Pradesh, the release added.
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