Telangana Govt planning to set up eight new MSME parks

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With the MSME parks to be established in about 50-60 acres each, the TSIIC is planning to develop all the necessary infrastructure including roads, power supply, drainage and drinking water among others. Necessary lands have been identified by the authorities and some extent of lands have also been acquired, wherever necessary. The authorities are confident that all the new parks will be operational by December next year. In the case of upgradation of the 12 existing MSME parks, proposals have been submitted to develop additional infrastructure.

Following the severe financial impact of Covid-19 pandemic on the MSME sector, the State government has initiated several measures to support the MSME sector which was hit badly by the economic crisis caused by Covid-19 pandemic. Despite their best efforts, several MSME companies are on the verge of shutting down their units.

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