CM Chandrababu Sparks MSME Revolution in AP with 38 New Industrial Parks

The Andhra Pradesh government has stepped up efforts to strengthen the MSME sector with a series of major initiatives unveiled at the “One Family–One Entrepreneur MSME Growth Summit 2026” in Vijayawada. Chief Minister N. Chandrababu Naidu inaugurated the summit at Ambedkar Kalavedika, outlining the state’s vision to drive economic growth through entrepreneurship and industrial expansion.

As part of the programme, the Chief Minister virtually launched foundation works for 38 new industrial parks across the state. Developed with plug-and-play infrastructure and modern facilities, these parks are aimed at making business setup easier for small and medium enterprises. The government said the initiative would improve the ease of doing business and attract fresh investments into Andhra Pradesh.

The summit also witnessed strategic agreements with global companies including Meta, Amazon and Zoho. Officials said the partnerships would help local businesses gain access to advanced technology , digital tools and international market opportunities.

To promote rural industrial development, the government launched Rural Technology Action Group and Smart Village Centre Extension facilities under the Ratan Tata Innovation Hub initiative in Kuppam, Mangalagiri and Pithapuram. These centres are expected to encourage innovation and provide support for young entrepreneurs in villages and semi-urban areas.

In another major announcement, the state released ₹200 crore for setting up Common Facility Centres across 45 industrial clusters. The shared infrastructure is expected to improve productivity while reducing operational costs for small businesses.

More than 1,500 participants, including MSME entrepreneurs, PM Vishwakarma beneficiaries, policymakers and financial institutions, attended the summit. The government said its long-term goal is to create at least one entrepreneur in every family and build a stronger, self-reliant industrial ecosystem across Andhra Pradesh.