APIIC develops exclusive clusters

“Micro, small and medium Enterprises (MS-ME) contribute nearly eight per cent of the cou-ntry’s GDP, 45 per cent of the manufacturing output and 40 per cent of the exports. They provide the largest share of employment after agriculture. They are the nurseries for entrepreneurship and innovation. MSMEs are widely spread across the country and produce a diverse range of products and services to meet the needs of the local markets, the global market and the national and international value chai-ns,” APIIC zonal manger

V. Nageswar Rao observed referring to the reasons for developing separate clusters. He said that there is no dearth for Central funds to develop infrastructure for MS-MEs and they are going to utilise the same for the clusters.According to the zonal manager, the proposed cluster at Mambattu in Tada mandal, which is close to Tamil Nadu border, is located in the nei-ghbourhood of Apache and Bharti SEZs. A Ma-laysian company, Indus Coffee (Instant Coffee) also coming up in the area.

In case of Menakuru industrial estate, 200 acres being divided into separate blocks to allot for MSMEs.Mr Nageswar Rao said that industrialists invol-ved in automobile sector in Chennai are regularly coming to them for land and there was a sudden spurt in the enquiries after the state government inked a pact with Hero Motors to establish its unit at Satyavedu in Chittoor district.