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Everything You Need to Know About the AP MSME Policy 2024–29

Investing in Andhra Pradesh's Future

The Andhra Pradesh MSME and Entrepreneur Development Policy 2024–29 is a landmark initiative by the Government of Andhra Pradesh to position the state as a Champion State for MSMEs. With a clear focus on growth, innovation, and inclusion, this policy offers a comprehensive set of subsidies and incentives for micro, small, and medium enterprises.

As a trusted AP MSME Policy Subsidy Consultant, Unique Group helps you identify the right schemes, manage documentation, and ensure timely approval and disbursal of subsidies.

Download the AP Subsidies Booklet

Explore government incentives, capital subsidies, and policy benefits available for industries in Andhra Pradesh.

AP Subsidies Booklet AP Subsidies Booklet

Key Goals of the AP MSME Policy

  • Boost entrepreneurship across rural and urban areas
  • Support new MSME units and expansion of existing ones
  • Facilitate access to capital, technology, and export markets
  • Promote inclusion of women, SC/ST/BC entrepreneurs
  • Integrate Andhra Pradesh MSMEs into global value chains
  • Drive sustainability, innovation, and job creation

Policy Period & Scope

  1. Valid for: 5 years from notification (2024–2029)
  2. Applicability: Across Andhra Pradesh
  3. Who can apply:
    1. New enterprises setting up units in AP
    2. Existing units expanding their operations

    As your MSME subsidy consultant in Andhra Pradesh, we guide eligible businesses on how to leverage these benefits.

Key Subsidies under AP MSME Policy

  • Capital Subsidy for New Units

    The Government of Andhra Pradesh, under its MSME and Entrepreneur Development Policy 2024–29, offers attractive capital subsidies for new micro, small, and medium enterprises (MSMEs) to encourage industrial growth, entrepreneurship, and local job creation. Read More

  • Capital Subsidy for Expansion

    The Andhra Pradesh MSME and Entrepreneur Development Policy 2024–29 offers a powerful incentive for existing MSMEs looking to expand or diversify their operations.

    Through this policy, the Government of Andhra Pradesh provides a capital subsidy of up to ₹5 Crores to eligible MSMEs, helping them scale operations, upgrade infrastructure, and improve competitiveness. Read More

  • Power Subsidy

    Lower Your Electricity Bills with AP Government MSME Subsidies

    Under the Andhra Pradesh MSME and Entrepreneur Development Policy 2024–29, the state government offers power subsidy incentives to help reduce operational costs for MSMEs.

    The scheme provides a per-unit electricity subsidy for a fixed duration, making it easier for new and expanding enterprises to manage utility expenses and boost profitability. Read More

  • Rebate on Land

    Empowering Inclusive Growth Through AP Government MSME Subsidies

    In line with its commitment to inclusive and equitable industrial development, the Government of Andhra Pradesh has introduced a special provision under its MSME and Entrepreneur Development Policy 2024–29 to support Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs. Read More

  • Subsidy for Special Category

    Empowering Equity through AP Government MSME Subsidies 2024–29

    The Government of Andhra Pradesh has taken progressive steps to promote inclusive, equitable, and accessible industrial development through its MSME & Entrepreneur Development Policy 2024–29.

    To bridge social and economic gaps, the policy provides enhanced subsidies for enterprises wholly owned by women, Backward Castes (BC), Scheduled Castes (SC), Scheduled Tribes (ST), minority groups, specially-abled individuals, and transgender entrepreneurs who are domiciled in the state. Read More

  • Other Subsidies (GST refund, Stamp duty and many more)

    The Government of Andhra Pradesh, through its MSME and Entrepreneur Development Policy 2024–29, offers a wide range of additional subsidies and reimbursements to promote ease of doing business, operational efficiency, and export competitiveness.

    These subsidies support your business across tax, compliance, workforce development, and sustainability—giving your MSME the extra edge it needs to thrive. Read More

Who Can Avail These Subsidies?

We assist a wide range of eligible beneficiaries including:

  1. Micro, Small & Medium Enterprises
  2. Manufacturing and Service Units
  3. Startups & First-time Entrepreneurs
  4. Women-led Enterprises
  5. BC/SC/ST Entrepreneurs
  6. Sick Units Looking for Revival
  7. Units in Backward Districts of AP

If you're unsure about your eligibility, contact our MSME subsidy consultants for a free assessment.

Why Choose Unique Group as Your AP MSME Policy Consultant?

🔹 20+ years of consulting experience across India
🔹 Deep expertise in MSME policies and state-level subsidies
🔹 On-ground support across Hyderabad, Visakhapatnam, Vijayawada, and more
🔹 Strong network with state departments and financial institutions
🔹 1000+ clients served across DGFT, MSME, and Industrial Policy domains

We simplify the complex — so you can focus on growing your business.

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