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The Andhra Pradesh MSME Development Corporation signed a bid of large agreements with starring nationalist and planetary organisations during the MSME Growth Summit 2026 held connected Monday, successful the beingness of Chief Minister N. Chandrababu Naidu.
Mr. Naidu laid the instauration stones for 38 caller MSME parks crossed the State and unveiled Rural Smart Village (RSV) Centres being developed nether the Rural Technology and Innovation Hub (RTIH).
Set up astatine Mangalagiri, Pithapuram and Kuppam, the aviator RSV centres are expected to relation arsenic incubation and innovation centres for agrarian entrepreneurs.
Kia India partnered with RTIH to found an precocious prototyping innovation centre. The installation volition enactment startups with high-end precision manufacturing and prototyping infrastructure.
The State authorities besides announced a ₹20-crore effect money programme for deep-tech startups successful collaboration with the Small Industries Development Bank of India (SIDBI) and RTIH. The inaugural is expected to supply fiscal enactment for emerging exertion ventures.
Digital Transformation Facilitation Centres
To accelerate integer translation among MSMEs, the MSME Development Corporation and the IT Department signed an statement to found 50 Digital Transformation Facilitation Centres successful assorted colleges arsenic portion of a Digital Maturity Assessment programme, targeting 1 lakh MSMEs.
An statement was besides signed with the ESSEL to behaviour vigor and h2o audits and diagnostic studies successful 1,000 MSME units and clusters. The State authorities announced a ₹200 crore Cluster Development Programme, aimed astatine supporting 750 MSMEs and generating employment for 3,125 people.
Special entrepreneurship grooming programmes volition besides beryllium launched for differently-abled youth.
The Andhra Pradesh MSME Development Corporation entered into a concern with the India SME Forum to survey maturation opportunities successful 10 MSME clusters crossed antithetic sectors. To amended integer readiness and exertion adoption among MSMEs, agreements were signed with Vodafone Idea Business and Zoho Corporation. The programmes purpose to bid and digitally empower 1 lakh MSMEs crossed the State.
For export promotion and entree to planetary markets, the corp signed an statement with Amazon Global Selling to enactment Andhra Pradesh-made products successful planetary e-commerce markets. Global logistics supplier Aramex besides partnered with the authorities to fortify logistics support, cross-border commercialized and export capabilities for MSMEs.
Meta Platforms agreed to enactment capableness gathering for 1 lakh micro enterprises, portion the Quality Council of India volition assistance MSMEs successful merchandise certification and compliance with planetary prime standards.
Social information awareness
The Pension Fund Regulatory and Development Authority signed an statement to enactment MSMEs successful implementing the National Pension System and improving fiscal and societal information consciousness among entrepreneurs and workers.
Ministers Kondapalli Srinivas, T.G. Bharat and D.B.V. Swamy, on with elder officials including Industries Secretary N. Yuvaraj, participated successful the programme.
