Union Commerce & Industry Minister Piyush Goyal recently chaired a high-level review meeting in Guntur to assess the progress of the NICDC’s industrial nodes in Andhra Pradesh.
The review focused on three major nodes: the Krishnapatnam Industrial Area under the Chennai–Bengaluru Industrial Corridor, the Orvakal Industrial Area under the Hyderabad–Bengaluru Industrial Corridor, and the Kopparthy Industrial Area under the Visakhapatnam–Chennai Industrial
Corridor.
At the meeting, Goyal emphasized the need to attract anchor investors and startups by developing innovation-friendly ecosystems. He urged officials to establish dedicated incubators to support early-stage enterprises and create robust startup ecosystems.
Additionally, plans were discussed to earmark specific zones within each node for MSMEs and startups, providing them with subsidized rates, state-of-the-art infrastructure, and advanced technological support.