Foundation stone laid for MSME technology center in Visakhapatnam

Andhra Pradesh Chief Minister N Chandrababu Naidu, along with Union Ministers Kalraj Mishra and Venkaiah Naidu laid the foundation of Ministry of Micro, Small and Medium Enterprises technology centre at Pudi in Visakhapatnam district.

The Centre has decided to locate a world-class technology centre with an investment of up to Rs. 140 crore.

  • Mr.Naidu was addressing a gathering after laying the foundation stone for a facility to be set up under Technology Centre Systems Programme (TCSP) at Pudi village near here in Atchutapuram mandal.
  • TCSP is a World Bank-funded project being implemented by Union Ministry of Micro, Small and Medium Enterprises (MSME).
  • Its main focus is to support industries, particularly MSMEs, through access to advanced manufacturing technologies, skilling manpower and providing technical and business advisory support to entrepreneurs.
  • Mr. Naidu  asked the management of Brandix India Apparel City, recognized as a Special Economic Zone (SEZ) by the Union Government, to form a wage board for periodical hikes for its employees.
  • Mr.Naidu also laid the foundation stone for 400 houses being built by the AP Housing Board for those who lost their dwellings in the 2014 Hudhud cyclone. He also inaugurated 200 houses built by Infosys.