Today, the Cabinet has cleared six path breaking policies to make Andhra Pradesh as manufacturing hub of India.
Key Focus Areas:
The government wants to create an employment and wants the youth of Andhra Pradesh to act and think internationally. Such programs as “One Family, One Entrepreneur” exemplify such a stance by boosting locals’ entrepreneurship and employment.
The Six Landmark Policies:
1. AP Industrial Development Policy 4.0 (AP IDP 4.0): Optimises industry operations to attract investment.
2.AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0): This supports micro, small and medium enterprises with knowledge and capital.
3.AP Food Processing Policy 4.0 (AP FPP 4.0): Improves food processing to create employment and raise the value of the agricultural sector.
4.AP Electronics Policy 4.0 (AP EP 4.0): Places the state firmly on the electronics manufacturing map.
5.AP Private Parks Policy 4.0 (AP PPP 4.0): Sells industrial parks to investors in order to spur economical activities of the local communities.
6.AP Integrated Clean Energy Policy 4.0 (AP ICE 4.0): Spanish-based organization that aims to provide best practices on energy for environmetally responsible organization.
These policies have a noble intention of creating a positive environment applicable to everyone within the state of Andhra Pradesh among offering a congenial environment for the growth of the industries.
