Chennai team’s MSME proposal remains in cold storage
As per the proposal submitted by KAIPA promoters, they would propel MSMEs with an investment of Rs 2,000 crore and the units would generate more than 10,000 jobs, thereby changing the face of Vijayanagaram mandal in Chittoor district. (Representational Image: PTI)
Nellore: A proposal by 250 and odd Chennai-based MSME entrepreneurs to expand their manufacturing capacity by taking advantage of availability of land, abundance of power, water, and labour force available in Andhra Pradesh has been lying in cold storage for the last five years.
As the entrepreneurs, who are members of AIEMA (Ambattur Industrial Estate Manufacturers Association) were keen to have land close to Chennai, the AP government identified land at Kosalanagaram in Chittoor district.