June 22, 2026

MSME growth Summi 2026 in Vijayawada on May 25

Amaravati, May 23 (TNT): The Andhra Pradesh government is set to strengthen the Micro, Small and Medium Enterprises sector through the MSME Growth Summit 2026, scheduled to be held in Vijayawada on May 25.

Chief Minister N. Chandrababu Naidu will participate in the summit and virtually lay foundation stones for 38 MSME parks across the state as part of the government’s vision to establish MSME parks in all 175 Assembly constituencies.

Deputy Chief Minister Pawan Kalyan, MSME Minister Kondapalli Srinivas, Industries Minister T.G. Bharath and several industrialists and stakeholders are expected to attend the event.

More than 1,500 participants, including MSME entrepreneurs, PM Vishwakarma beneficiaries, policymakers, financial institutions and technology experts, are likely to take part in the summit.

The government said the summit aims to accelerate industrial growth by creating plug-and-play industrial infrastructure across Andhra Pradesh and promoting entrepreneurship at the grassroots level.

As part of the third phase of the MSME parks initiative, the Chief Minister will virtually launch 38 new MSME parks. In the first two phases, foundation stones had already been laid for 100 industrial parks, several of which are operational.

Under the AP Cluster Development Programme, Chandrababu Naidu will also inaugurate RuTAG Smart Village Centre extension hubs at Kuppam, Mangalagiri and Pithapuram under the guidance of the Ratan Tata Innovation Hub.

These centres are intended to promote rural entrepreneurship and technology-driven livelihoods.

The government will also release funds for establishment of Common Facility Centres in 45 industrial clusters across the state at a cost of ₹200 crore.

The summit is expected to focus on creating awareness and opportunities for youth and women entrepreneurs.

The Andhra Pradesh government is also planning collaborations with global companies including Meta and Amazon to support digital growth, market access and innovation opportunities for MSMEs in the state.

Officials said the MSME Growth Summit 2026 is expected to become a major milestone in Andhra Pradesh’s industrial and economic development journey.

TNT KM

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