Bharat Sindoor MSME Park To Be Inaugurated Soon
ECONOMY & POLICY

Bharat Sindoor MSME Park To Be Inaugurated Soon

Kotamreddy Sridhar Reddy inspected the Bharat Sindoor MSME Park in Amancherla village and said that his long-pending ambition of creating employment opportunities for unemployed youth in the constituency had been realised following completion of the facility.

The project was built on 30 acres with Rs 130 million (mn) invested in the village and was inspected on Monday. He conveyed that the park was intended to provide structured support for micro, small and medium enterprises and to catalyse local industrial activity, with a focus on employment generation for youth.

The site has been positioned as an MSME cluster that could enable small manufacturers and ancillary units to scale operations within a managed campus. He recalled that the former chief minister had not approved requests for sanctioning funds when he had served as Nellore rural MLA on two occasions under the YSR Congress Party and attributed that omission to political considerations.

He added that he had left the YSR Congress Party during the 2024 elections because of perceived neglect of the constituency's development needs. Local officials accompanied the inspection and outlined that the park's infrastructure was complete and that operationalisation was imminent, with expectations of gradual employment uptake as units commence activity.

The facility is expected to offer space and shared services that significantly reduce entry barriers for entrepreneurs from the surrounding rural areas. Kotamreddy framed the project as part of a broader development initiative by his office aimed at stimulating economic activity in the constituency and reversing years of underinvestment, and the inauguration is anticipated soon as a milestone in efforts to deliver tangible benefits to residents.

Kotamreddy Sridhar Reddy inspected the Bharat Sindoor MSME Park in Amancherla village and said that his long-pending ambition of creating employment opportunities for unemployed youth in the constituency had been realised following completion of the facility. The project was built on 30 acres with Rs 130 million (mn) invested in the village and was inspected on Monday. He conveyed that the park was intended to provide structured support for micro, small and medium enterprises and to catalyse local industrial activity, with a focus on employment generation for youth. The site has been positioned as an MSME cluster that could enable small manufacturers and ancillary units to scale operations within a managed campus. He recalled that the former chief minister had not approved requests for sanctioning funds when he had served as Nellore rural MLA on two occasions under the YSR Congress Party and attributed that omission to political considerations. He added that he had left the YSR Congress Party during the 2024 elections because of perceived neglect of the constituency's development needs. Local officials accompanied the inspection and outlined that the park's infrastructure was complete and that operationalisation was imminent, with expectations of gradual employment uptake as units commence activity. The facility is expected to offer space and shared services that significantly reduce entry barriers for entrepreneurs from the surrounding rural areas. Kotamreddy framed the project as part of a broader development initiative by his office aimed at stimulating economic activity in the constituency and reversing years of underinvestment, and the inauguration is anticipated soon as a milestone in efforts to deliver tangible benefits to residents.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement