SME units in Vizag demand extension of benefits under the package promised for Seemandhra
Managements of micro, small and medium enterprises (MSME) in Visakhapatnam feel they are left high and dry. They expect for extension of benefits under the package promised for Seemandhra.
There are a
large number of MSME units. The MSMEs, who have invested around Rs.
25 lakh to Rs. 5 crore per unit, have made a strong pitch not to
restrict tax holiday and other incentives envisaged under the package
to new units in Visakhapatnam, Srikakulam, and Vizianagaram districts
of the residual State of Andhra Pradesh, as reported by The Hindu.
Visakhapatnam holds 1,500 to 1,800 MSME units with employment of
around 25,000 involved in fabrication, welding, casting, paints,
machining, ice plants, cold storage, and spare parts. Autonagar,
Kancharapalem, Parawada, Gajuwaka, Gurrampalem (Pendurthy),
Madhavadhara, and Anakapalle are MSME covered areas of the city.
Steel Plant, HPCL, Hindustan Shipyard Ltd, and Heavy Plate and
Vessels Plant (HPVP) are major foster units on whom the MSME units
mostly depend to survive.
Autonagar Small-Scale Industrialists' Welfare Association president
Ramakrishna Narappareddy claims that the VSP agreed to give orders up
to Rs. 50 lakh if five enterprises form into a group in August 2013.
The Plant Level Committee is scheduled to meet next month to take
stock of the situation. The HPVP has not issued a single work order
to us after it became an independent unit of BHEL.
from government a ready-made garment exporter, as quoted by The
Hindu, said, "The current situation is very bad with the
government fleecing us with so many taxes."