Business Economy


Women to get dedicated technology park in AP: CM Naidu

Visakhapatnam, Nov 12 (UNI) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday announced that a dedicated technology park would be established exclusively for women entrepreneurs, with free land and incentives, to promote women's participation in the technology and business sectors.
Participating in the Women and Growth Summit-2026, organised as part of the CII Partnership Summit here, he said the coalition government was providing enhanced incentives to women entrepreneurs and would facilitate the participation of five women entrepreneurs from Andhra Pradesh at the Davos Summit.
Naidu said women could achieve remarkable success when provided with equal opportunities. Gender discrimination began from birth, and society should move away from the traditional mindset that sons remained with parents while daughters were married off, he said.
Highlighting the economic contribution of women's self-help groups, he said Andhra Pradesh had 1.13 crore women members in SHGs, with a corpus fund of Rs.30,000 crore. The groups were generating a turnover of nearly Rs.1 lakh crore, while their loan repayment rate stood at 99.6 per cent.
The government was creating markets for products manufactured by DWCRA women through the Swayam Andhra brand. Women could transform even a small investment of Rs.10 into a business worth Rs.100, he said.
The Chief Minister said women accounted for 35.8 per cent of the State's workforce and the government aimed to increase their participation to 50 per cent.
Around 20,000 women were employed at the Brandix garment manufacturing unit, while the proposed Global Toy Park was expected to provide employment to another 30,000 women, the CM said.
Women were also playing a significant role in natural farming, which was being practised across 25 lakh acres in the State, he said.
Referring to women's political empowerment, Naidu said the government had provided opportunities to eight women to serve as mayors, despite only five women winning in the recent corporation elections.
Women accounted for 50 per cent representation in local bodies, he said, calling upon all political parties to support 33 per cent reservation for women in legislative bodies.
He said the government had distributed house-site pattas worth Rs.50,000 crore to 60,000 beneficiaries in Visakhapatnam, Vijayawada and Mangalagiri, enabling women to own valuable assets.
Women's safety remained a top priority, and there would be no compromise on the issue, he added.
Urging corporate organisations to adopt Bangaru Kutumbams under the P4 initiative, he cited the example of a woman from Kuppam who had progressed from working in a brick manufacturing unit to becoming its owner and earning Rs.25 lakh annually.
Naidu said women should focus on technology and emerging opportunities and called for 50 per cent women's participation at the next CII Partnership Summit.
He also said the government would support women's political and economic empowerment.
CII President-designate Suchitra Ella, former union minister Smriti Irani, representatives of the CII Alliance for Global Good, industrialists and women leaders attended the summit.
Ella said women should play a leading role in India's development and emerge as entrepreneurs, investors and innovators.
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