Telangana Government Unveils Rs.4,000 Crore MSME Policy

23 Sep 2024 CW Team

The Telangana government plans to invest Rs.4,000 crore over the next five years to develop Micro, Small, and Medium Enterprises (MSMEs) as part of the "Telangana MSME Policy 2024."

The new policy aims to boost the MSME sector by addressing key areas: land accessibility, financing, raw material access, labor market flexibility, technology adoption, and market access. The goal is to establish over 25,000 new MSMEs in the state within five years.

Key Highlights:

Investment: Rs.4,000 crore allocated for MSME development over five years.

Trust Areas for Improvement:

Land availability, accessibility, affordability Access to finance Raw materials access Labor market flexibility Technology adoption Market access Support for Self-Help Groups: The policy facilitates SHGs' transition to MSMEs with comprehensive support structures.

Procurement Policy: A new procurement policy will prioritize MSMEs, especially those owned by SC/ST individuals and women.

Green Technology Incentives: Additional 15% floor area for MSMEs adopting solar energy or solid waste management practices, or achieving green building ratings.

MSME Parks: Five new MSME parks planned, with one dedicated to supporting ZED (Zero Defect Zero Effect) certification.

E-Commerce Promotion: The government aims to increase e-commerce participation through platforms like the ONDC portal and government E-marketplace.

Conclusion: The Telangana MSME Policy 2024 is set to transform the business landscape, enhancing growth and sustainability in the state's economy.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..