Overview
- The summit, which will be inaugurated Monday, May 25, will gather more than 1,500 stakeholders including entrepreneurs, bankers, industry groups and technology partners for launches and on‑site facilitation.
- The government will virtually lay the foundation for Phase III of its parks scheme by launching 38 new MSME parks aimed at providing plug‑and‑play industrial space across the state.
- Officials will announce the AP Cluster Development Programme to set up 45 industrial clusters from 2026–2030 with a reported ₹200 crore outlay to build common facilities for about 1,600 MSME units.
- Major digital and market‑access measures will be unveiled, including one lakh MSME digital maturity assessments via DxEDGE and partnerships with Meta, Amazon, Zoho and logistics and certification bodies to boost e‑commerce and exports.
- Financing measures include a reported ₹20 crore SIDBI‑RTIH seed fund for startups and finance desks from public sector banks to enable on‑the‑spot loan processing, building on an ongoing plan to create MSME parks in all 175 assembly constituencies.