VIJAYAWADA: The State government, under the leadership of Chief Minister Nara Chandrababu Naidu, launched three new industrial policies on Friday aimed at attracting investments, generating employment and driving sustainable growth.
The policies — AP Industrial Development Policy 4.0 (AP IDP 4.0), AP MSME & Entrepreneur Development Policy 4.0 (AP MEDP 4.0) and AP Food Processing Policy 4.0 (AP FPP 4.0) — were introduced with operational guidelines, policy booklets and the launch of the Early Bird Incentive Portal. Officials called it a key milestone in the effort to transform Andhra Pradesh into an industrial powerhouse.
After unveiling the new policies, Industries and Commerce, Food Processing Minister TG Bharath, and MSME, SERP, NRI Empowerment and Relations Minister Kondapalli Srinivas announced that the coalition government has already secured investment commitments worth Rs 8.5 lakh crore and plans to establish 175 industrial parks across the state — one in each Assembly constituency — within the next two months.
On the occasion, Bharath criticised the previous YSRCP administration for ‘driving away industrialists’ and promised a more proactive, business-friendly approach. “We’ve not only launched a new policy but also addressed the gaps in the previous one with clear and actionable guidelines,” he asserted. He also pledged to fast-track the release of pending subsidies and position Andhra Pradesh as the top State for industrial incentives.
Minister Srinivas emphasised that the TDP-led NDA government aims to create 20 lakh jobs through the establishment of industrial parks in every mandal within two years, under the PPP model and P-4 development frameworks. He also announced incentives for private industrial park developers.
Industries Secretary N Yuvaraj said efforts are underway to simplify business procedures, including a proposal to eliminate field inspections for approvals. He urged entrepreneurs to use the Early Bird Portal to receive priority benefits, especially for high-employment projects.
Target specific development areas
AP IDP 4.0 focuses on making the State a premier investment hub with an emphasis on sustainable infrastructure and regional balance. Electronics, RE and EVs will receive priority, with special incentives for women and startups
AP MEDP 4.0 aims to strengthen MSMEs as the backbone of the State’s economy, offering financial assistance, digital tools, and dedicated support for SC/ST, women and differently-abled entrepreneurs
AP FPP 4.0 seeks to enhance the food processing value chain, with infrastructure support, cold storage chains, and improved market linkages for farmers. The policy emphasises exports of organic produce and nutraceuticals