The State government has decided to establish MSME (micro, small and medium enterprises) industrial parks in all the districts of the State.
These industrial parks will be unique to each district, taking into account locally available natural and human resources.
The MSME sector is the second largest employer in the State, next only to agriculture. Nearly 11 lakh MSME units are functioning in Telangana State creating about one lakh jobs every year and producing more than 8,000 products for domestic and
international markets. In all, about 25 lakh persons are estimated to be employed in MSME units comprising both organised and unorganised sectors in the State.
“Except for four-five districts surrounding Hyderabad, there are no exclsuive MSME industrial parks in other districts of the State. Hence, it has been decided to set up at least one MSME park in each of the 31 districts and the modalities in this direction are being worked out,” an official from the Industries Department told.