The Andhra Pradesh government has launched an initiative to establish one Micro, Small, and Medium Enterprises (MSME) park in each Assembly constituency, aiming to enhance industrial development and create local employment opportunities. Minority Welfare Minister N. Md. Farooq emphasized that the program aligns with the goal of 'One Family – One Entrepreneur', focusing on empowering youth in rural areas. The first MSME park is being constructed in Yalluru village, Gospadu mandal, with an investment of ₹16.40 crore. The park will span 9 acres and is designed to provide essential facilities for industrial activities, including roads, drainage, and electricity. This initiative is part of a broader plan to establish 38 MSME parks across the state, as virtually launched by Chief Minister N. Chandrababu Naidu. The development of these parks is expected to significantly boost the local economy, where the industrial sector currently accounts for only 19% of the revenue, compared to 42% from agriculture and 40% from services.