Andhra Pradesh Clears Rs 2 Billion MSME Cluster Scheme
ECONOMY & POLICY

Andhra Pradesh Clears Rs 2 Billion MSME Cluster Scheme

The Government of Andhra Pradesh on Thursday approved the Andhra Pradesh Cluster Development Programme (AP-CDP) with an outlay of Rs 2 billion to strengthen micro, small and medium enterprises across the state, MSME minister Kondapalli Srinivas said on Friday.

Addressing the media at the Secretariat, Srinivas said the five-year programme will establish 45 Common Facility Centres across Andhra Pradesh. These centres will offer shared infrastructure including modern machinery, technology support, packaging units and job-work facilities for sectors such as printing, agri-based industries, gold and food processing.

The initiative is expected to directly benefit around 1,840 MSME units and generate more than 7,500 direct employment opportunities across the state.

Srinivas said the programme was conceptualised under the guidance of Chief Minister N Chandrababu Naidu, with a focus on developing sector-based clusters and dedicated sectoral parks to enhance competitiveness. By enabling shared access to infrastructure and technology through the CFCs, small enterprises will be better positioned to compete with larger players, he added.

Under the scheme, the state government will provide financial assistance ranging from Rs 50 million to Rs 100 million per project, with a 100 per cent subsidy on machinery. Buildings will be developed by special purpose vehicles, while land will be provided within parks of the Andhra Pradesh Industrial Infrastructure Corporation.

The minister noted that while 40 cluster projects are already being implemented in the state with central government support, the AP-CDP represents Andhra Pradesh’s own dedicated cluster development initiative.

The Cabinet also approved the Chief Minister Employment Generation Programme, modelled on the PMEGP, to promote entrepreneurship. Srinivas said the approvals mark a major milestone in Andhra Pradesh’s economic and industrial development.

The Government of Andhra Pradesh on Thursday approved the Andhra Pradesh Cluster Development Programme (AP-CDP) with an outlay of Rs 2 billion to strengthen micro, small and medium enterprises across the state, MSME minister Kondapalli Srinivas said on Friday. Addressing the media at the Secretariat, Srinivas said the five-year programme will establish 45 Common Facility Centres across Andhra Pradesh. These centres will offer shared infrastructure including modern machinery, technology support, packaging units and job-work facilities for sectors such as printing, agri-based industries, gold and food processing. The initiative is expected to directly benefit around 1,840 MSME units and generate more than 7,500 direct employment opportunities across the state. Srinivas said the programme was conceptualised under the guidance of Chief Minister N Chandrababu Naidu, with a focus on developing sector-based clusters and dedicated sectoral parks to enhance competitiveness. By enabling shared access to infrastructure and technology through the CFCs, small enterprises will be better positioned to compete with larger players, he added. Under the scheme, the state government will provide financial assistance ranging from Rs 50 million to Rs 100 million per project, with a 100 per cent subsidy on machinery. Buildings will be developed by special purpose vehicles, while land will be provided within parks of the Andhra Pradesh Industrial Infrastructure Corporation. The minister noted that while 40 cluster projects are already being implemented in the state with central government support, the AP-CDP represents Andhra Pradesh’s own dedicated cluster development initiative. The Cabinet also approved the Chief Minister Employment Generation Programme, modelled on the PMEGP, to promote entrepreneurship. Srinivas said the approvals mark a major milestone in Andhra Pradesh’s economic and industrial development.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement