MSME Development Corporation Launched With 100 Crore Corpus

The MSME (micro, small, medium enterprises) corporation has been launched by the AP Chief Minister N. Chandrababu Naidu with corpus fund of Rs 100 crores. The MSME will train and develop the entrepreneurs in objects interests like marketing, branding, skills and product quality.
There are about 1.10 lakh MSME in A P with total investment of 26 thousand crores which has created around 9 lakh jobs. The CM further said that it is planned to construct MSME Bhavan over of 15 acres of land at Amaravthi encompassing research and development wing besides training centre with latest technology of internationally standards.
N. Amarnath Reddy, the State Industries Minister summarizing the development of MSMEs informed that the government has planned to develop MSME parks in every Assembly constituency.