A Common Facility Centre giving traditional craft clusters shared machinery, training, design help, and market access.
Visakhapatnam has 26,210 manufacturing MSMEs. 58.7% of self-employment loans go to the district's top industry. The Common Facility Centre under SFURTI gives artisan clusters shared equipment they could not afford individually.
79% of registered enterprises are in services while 21% are in manufacturing. Only 9% of employment is in small and medium enterprises. 100% of school-age children are enrolled in higher secondary school (classes 9–12).
In Visakhapatnam, which ranks 1 of 27 in Andhra Pradesh for youth opportunity, the overall opportunity score is 54.9 out of 100. It runs ahead of the national picture on employment in small and medium enterprises at 8.7% and value added per enterprise worker at ₹1,78,539.