Incubation / Startup Centre in Visakhapatnam, Andhra Pradesh

Pillar: Opportunity Infrastructure

Visakhapatnam has 1,01,105 service-sector MSMEs. The district's service-sector gross value added per worker is ₹1,78,539, better than the typical district. The Incubation and Startup Centre is where the next wave of this service enterprise base gets built.

Youth opportunity in Visakhapatnam

79% of registered enterprises are in services while 21% are in manufacturing. Only 9% of employment is in small and medium enterprises. 89% of school-age children are enrolled in higher secondary school (classes 9–12). 65% of ITI trainers are certified.

In Visakhapatnam, which ranks 1 of 27 in Andhra Pradesh for youth opportunity, the overall opportunity score is 54.9 out of 100. The district runs ahead of the national picture on bank branches per lakh people at 32.5, while it lags on credit going to productive use at 51.3%.

Mandated services and how to locate the Incubation / Startup Centre in Visakhapatnam are in the Visakhapatnam district course and the English reference guide (Hindi). See the Visakhapatnam youth opportunity scorecard for the full district picture.