Archive · 6 Jun 2025
Andhra Pradesh to Develop 175 Industrial Parks to Boost MSMEs
Andhra Pradesh is building 175 new industrial parks, like mini-factories, across the state to help small and medium-sized businesses (MSMEs).
This plan aims to bring in more businesses, especially after many left due to previous state divisions.
The government will use different ways to build these parks, sometimes with private companies.
To help these businesses, the government is also setting up places called Ratan Tata Innovation Hubs to assist with research and development.
The goal is to make Andhra Pradesh a great place for businesses to grow.
Andhra Pradesh aims to establish 175 Industrial Parks (IPs) and flatted factories across all constituencies.
The initiative seeks to attract MSMEs and encourage investment in the state.
Three models will be used, involving private and government land for development.
11 IPs have already been inaugurated, with tenders for 39 parks underway.
The government is developing Ratan Tata Innovation Hubs to support MSMEs.
- Who
- The Andhra Pradesh government, led by Minister Kondapalli Srinivas, is spearheading the initiative to support MSMEs.
- What
- The Andhra Pradesh government is developing 175 Industrial Parks (IPs) and flatted factories across all assembly constituencies.
- When
- Planning began with a target to complete all 175 IPs in two years. This announcement was published June 5, 2025.
- Where
- Across all 175 assembly constituencies in Andhra Pradesh.
- Why
- To boost MSMEs and attract investment in Andhra Pradesh, fostering industrial growth and economic development.
- Industrial Parks Planned
- 175
- Completion Target
- Two years
- R&D Support
- Ratan Tata Innovation Hubs
