The Andhra Pradesh Micro, Small and Medium Enterprises Development Corporation will be set up with a budget of ₹100 crore to strengthen MSMEs in the state, Chief Minister N Chandrababu Naidu has said.
Launching the logo of AP MSMEDC here on Tuesday on the occasion of International MSME Day, he said the corporation would help in marketing, branding, skill development and quality improvement of MSME products.
He said 15 acres would be allotted for MSME bhavan in Amaravati for research, development and training programmes.
He said the state government would give subsidies to MSMEs at the right time.