<p>Andhra Pradesh Chief Minister Jaganmohan Reddy has instructed officials to build a special facility of three lakh square feet area in a prime location in Visakhapatnam to house the start-ups and also the offices of the industries department.</p>.<p>The port city, being hailed as the next capital of the state, is where Reddy wants to move his executive seat eventually.</p>.<p>The YSRCP government is holding its first Global Investors Summit in Visakhapatnam in the first week of March.</p>.<p>On Monday, Reddy reviewed the formulation of AP's new industrial policy.</p>.<p>“MSMEs face tough competition and they can march ahead with help of tie-ups with global companies, agencies,” Reddy said, adding that officials should assist the entrepreneurs from the concept formulation to the industry unit commissioning stage and also in marketing their products.</p>.<p>Importance should be given to product marketing and necessary tie-ups at international level, the CM directed the officials in the initial review meeting.</p>.<p>Asserting that the new industrial policy as a whole should meet demands of the entrepreneurs, the CM said that the MSME policy in particular should advise, assist and be supportive to the start-ups in every respect.</p>.<p>While giving top priority to encourage start-ups, it is also necessary to pay attention to provide basic infrastructure to meet the demands of port-based industries, the Chief Minister told the officials. The new industrial policy should be formulated keeping in mind all these points.</p>
<p>Andhra Pradesh Chief Minister Jaganmohan Reddy has instructed officials to build a special facility of three lakh square feet area in a prime location in Visakhapatnam to house the start-ups and also the offices of the industries department.</p>.<p>The port city, being hailed as the next capital of the state, is where Reddy wants to move his executive seat eventually.</p>.<p>The YSRCP government is holding its first Global Investors Summit in Visakhapatnam in the first week of March.</p>.<p>On Monday, Reddy reviewed the formulation of AP's new industrial policy.</p>.<p>“MSMEs face tough competition and they can march ahead with help of tie-ups with global companies, agencies,” Reddy said, adding that officials should assist the entrepreneurs from the concept formulation to the industry unit commissioning stage and also in marketing their products.</p>.<p>Importance should be given to product marketing and necessary tie-ups at international level, the CM directed the officials in the initial review meeting.</p>.<p>Asserting that the new industrial policy as a whole should meet demands of the entrepreneurs, the CM said that the MSME policy in particular should advise, assist and be supportive to the start-ups in every respect.</p>.<p>While giving top priority to encourage start-ups, it is also necessary to pay attention to provide basic infrastructure to meet the demands of port-based industries, the Chief Minister told the officials. The new industrial policy should be formulated keeping in mind all these points.</p>