Addressing the MSME Growth Summit 2026: Small Ideas Can Become Big Industries event in Vijayawada, he encouraged entrepreneurs to think big and use government support to scale their ventures. He said Micro, Small and Medium Enterprises (MSMEs) play a key role in job creation and economic growth.

Naidu highlighted that the state government is creating strong industrial infrastructure and launching new MSME parks to support startups and small businesses. He added that innovation, technology, and easy access to finance will help MSMEs grow faster.

The Chief Minister also emphasized that every small idea has the potential to become a successful industry with the right guidance and policy support.

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The MP demanded immediate cotton procurement to prevent further distress. He also appealed to the Central Government to support Andhra Pradesh farmers during this difficult time. He stressed that thousands of families depend on cotton cultivation and need urgent relief measures.

Later, the Union Ministry replied to the MP’s questions related to MSMEs in Palnadu district. The ministry said Udyam registrations increased significantly, reaching 62,036 units by November 2025. Under the PM Vishwakarma Yojana, officials identified 7,350 beneficiaries, including a high share of women, SC and ST communities.

The ministry confirmed that banks distributed 757 loans out of 810 sanctioned. However, the MP pointed out several pending loan applications at the bank level. He asked the Centre to strengthen the MSME ecosystem in Palnadu by speeding up approvals, improving loan distribution, and supporting cluster development.

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Highlighting tourism growth, he urged that every “Vibrant Village” should evolve into a small tourism hub. Modi encouraged promoting homestays, traditional cuisine, and local culture. He said festivals like Harela, Phooldei, and Nanda Devi Mela showcase the true soul of Uttarakhand and should be promoted worldwide through initiatives like “One District, One Festival.”

Modi also spoke about developing horticulture and MSMEs in the state. He said mountain districts have vast potential for growing kiwis, herbs, and medicinal plants, which can boost food processing and organic industries.

He noted Uttarakhand’s growing role as a film and wedding destination. The Prime Minister inaugurated and laid the foundation stone for development projects worth over ₹8,140 crore, spanning water, irrigation, energy, and education sectors.

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Alckmin arrived in India on Wednesday for a two-day visit with a delegation of ministers, officials, and business leaders. On arrival, he met Defence Minister Rajnath Singh, accompanied by Brazilian Defence Minister Jose Mucio Monteiro Filho. Both sides reviewed defence cooperation and discussed opportunities for joint exercises, training, and co-development of defence equipment.

Alckmin is also scheduled to meet Vice President C.P. Radhakrishnan, External Affairs Minister S. Jaishankar, and Petroleum Minister Hardeep Puri. He will attend the India-Brazil Business Forum and visit the All India Institute of Ayurveda to explore partnerships in health and innovation.

Brazil is India’s largest trade partner in South America. The leaders of both nations recently set a target to raise bilateral trade to USD 20 billion within five years. The visit is expected to identify new sectors of collaboration and enhance the strategic partnership between India and Brazil.

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Alckmin, also Brazil’s Minister of Development, Industry, Trade and Services, will hold the inaugural Trade Ministerial Review Meeting with Commerce Minister Piyush Goyal on October 16. He will be accompanied by Cabinet ministers, senior officials, and a business delegation.

During the visit, Alckmin will meet Defence Minister Rajnath Singh and Brazilian Defence Minister Jose Mucio Monteiro Filho to discuss military cooperation and defence industrial collaboration. He is also scheduled to meet Vice President C.P. Radhakrishnan, External Affairs Minister S. Jaishankar, and Petroleum Minister Hardeep Puri.

Alckmin will attend the India-Brazil Business Forum and visit the All India Institute of Ayurveda. Brazil is India’s largest trade partner in South America, with bilateral trade reaching $12.19 billion in 2024-25. Both nations aim to raise trade to $20 billion in five years, focusing on pharmaceuticals, chemicals, MSMEs, and other sectors.

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