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Govt targets ₹5,000-crore investment in the retail sector in five years
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Andhra Pradesh retail policy eyes Rs 5,000 crore investment, 50,000 jobs in 5 years
The government, besides offering hand-holding to the Retail Park developers and retail enterprises set up within these parks as part of Ease of Doing Business (EoDB), announced financial incentives.
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| A+A A- By Express News Service
VIJAYAWADA: Aimed at encouraging retail trade, thereby generating employment opportunities by way of facilitating investments in retail parks, the State government on Thursday released the Retail Parks Policy 2021-2026. The objective of the policy is to boost organised retail trade within the State in order to increase the GSDP.
The policy, to be in force for five years, eyes new investments to the tune of Rs 5,000 crore and the creation of 50,000 additional direct employment opportunities in the retail industry by 2026. The government, besides offering hand-holding to the Retail Park developers and retail enterprises set up within these p