During a meeting to review the industrial policy held on Monday, 20 February 2023, AP CM YS Jagan Mohan Reddy directed the officials to construct a special facility for startups in Visakhapatnam. This 3 lakh square feet special facility would accommodate the office of the industries department alongside supporting the growth of startups in Visakhapatnam and other parts of the state.
Further, CM Jagan guided senior officials to curate a new industrial policy in a manner that would aid budding entrepreneurs in developing their ideas. “Micro Small and Medium Enterprises (MSME) have to face tough competition in the world and they can march ahead only through tie-ups with international companies and agencies”, the CM opined. Citing the increase in competition in the MSME sector, he affirmed that proper marketing of products would boost businesses.
“The new industrial policy as a whole must meet the demands of the entrepreneurs.” The CM stated that the MSME policy should advise, assist, and support the startups in every facet. Additionally, he remarked that it is also important to provide basic infrastructure to meet the demands of port-based industries. The officials were asked to create a policy keeping in mind all the above-mentioned points.
Stay tuned to Yo! Vizag website and Instagram for more city updates.
The teacher of the school in the One Town area of Visakhapatnam was arrested on…
Under its Corporate Social Responsibility (CSR) programme, the Visakhapatnam Port Authority (VPA) has sanctioned Rs.…
Junior doctors in Andhra Pradesh called off their 16-day strike and resumed their duties on…
Comic Con India is a series of annual comic-based conventions held in India, where people…
Andhra University is committed to safeguarding the dignity, safety, and rights of women in the…
If you are looking for a road trip from Vizag that takes you beyond the…