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‘Skill Vignan Centre’ opened at MedTech zone
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Minister for Industries Mekapati Goutham Reddy inaugurated the Skill Vignan Centre at MedTech Zone in Visakhapatnam here on Wednesday.
“The biotechnology-based centre will prove to be highly beneficial for youth working on medical research. The State government is committed to developing industries and has given priority to latest inventions and research programmes,” Mr. Goutham Reddy said, recalling MedTech Zone’s journey in recent years in research, innovation and technology, new inventions and manufacturing medical equipment.
The Minister appreciated the officials and employees of MedTech who worked through the lockdown to manufacture ventilators and other critical equipment. He also viewed equipment manufactured at the zone and enquired about their functioning with the scientists.
‘Govt. offering a slew of incentives and tax exemptions’
Minister for Industries Mekapati Goutham Reddy on Tuesday said that Andhra Pradesh would continue to be the best destination for setting up new industries as the government had been providing many incentives and exemptions from many taxes.
He was speaking after inaugurating the district-level conference of industries in Vizianagaram to highlight the benefits of Ease of Doing Business and other such aspects.
Mr. Gautham Reddy said the government had released incentives worth ₹1,100 crore for small and medium industries that were affected by the lockdown and COVID-19 pandemic.
“As many as 31 departments have relaxed norms and regulations to ensure quick permission for the entrepreneurs keen on setting up their units in the State. Compared with other States, the reforms that have been brought in A.P. are a boon to the entrepreneurs,” the Minister said.