Vijayawada: Minister of Industry TG Bharath and Minister of MSME MSME Kondapalli Srinivas have released AP Industrial Development Policy 4.0, AP MSME and Entrepreneur Development Policy 4.0 and AP Food Handling Policy 4.0 Guidelines 4.0.
Later, Bharath told the media that the government was providing the best incentives to build the state’s industry and pledged to release subsidy arrears from previous years.
Srinivas promises to establish an industrial park in each area within two months – a total of 175 industrial parks in two years. He wanted to make sure that each Mandal industrial park could create 200,000 jobs. “We also added P-3 and P-4 models for the development of industrial parks.”
Industry Minister Yuvaraj said that as part of the Simple Industry Initiative, the government is considering withdrawing the norms for field visits to establish industrial units. “We will prefer industries that focus more on employment generation.”
