Govt will provide industrial space for budding entrepreneurs in Siddipet: Harish Rao

Rao said the building will be given on rent to the entrepreneurs who cannot afford their own buildings or offices in the early stages of their respective businesses.

Siddipet: Finance Minister T Harish Rao laid foundation stone for construction of an industrial space aimed to accommodate small and medium scale industrialists facilitating their plug-and-play operations.

After laying the foundation stone at Siddipet Industrial Park on the outskirts of Siddipet on Sunday, the Minister said that it is a plug and play facility for budding entrepreneurs to walk in and run their business as the facility would have all required facilities for a new business venture.

Rao said the building will be given on rent to the entrepreneurs who cannot afford their own buildings or offices in the early stages of their respective businesses. He further said that the building can accommodate about 16 industries. He thanked Industries Minister KT Rama Rao for granting Rs 10 crore immediately for construction of the building which will be operated with the sole objective to encourage the young entrepreneurs.

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