calender_icon.png 28 July, 2026 | 10:09 PM

Vi Business signs MoU with AP Government

28-07-2026 09:26:27 PM

Amaravathi, July 28 :

Vi Business, the enterprise arm of leading telecom operator Vi, signed an MoU with Andhra Pradesh Micro, Small and Medium Enterprises Development Corporation (APMSMEDC) to launch a significant digital enablement initiative for MSMEs in the state, with the aim of digitally empowering over 1 lakh enterprises through the ReadyForNext programme. The partnership aligns with the Andhra Pradesh Government's vision of building a digitally empowered and globally competitive MSME ecosystem.

Through this initiative, Vi Business will promote digital enablement among women-led enterprises, start-ups, rural enterprises and manufacturing MSMEs by providing access to its ReadyForNext digital assessment platform, educational resources, workshops and awareness programmes. The programme will also build awareness around enterprise mobility, cloud services, cybersecurity, connectivity, IOT and business productivity solutions, enabling enterprises to assess their digital maturity, strengthen their digital capabilities and unlock new opportunities for growth.

Contributing nearly 31% to the country’s GDP, MSMEs are a key pillar of India's economy. According to the Ministry of Micro, Small and Medium Enterprises, India is home to over 7.47 crore MSMEs, with Andhra Pradesh emerging as one of the country's leading MSME hubs, home to more than 42.1 lakh enterprises. As enterprises increasingly adopt digital technologies to remain competitive, initiatives that strengthen digital readiness and technology adoption have become critical to unlocking the sector's next phase of growth.The partnership comes at a time when Andhra Pradesh is witnessing encouraging progress in technology adoption. According to the Vi Business ReadyForNext MSME Growth Insights Study 2026—the state has, for the first time, entered the Top 10 states on the Digital Maturity Index (DMI) with a score of 61.1, reflecting growing digital adoption and ecosystem readiness among MSMEs.

Commenting on the association with Andhra Pradesh Government, M P Sunil Kumar, Chief Enterprise Business Officer, Vi said “MSMEs are the growth engine of India's economy, contributing nearly 31% to the country's GDP. Home to one of the country's largest MSME ecosystems, Andhra Pradesh plays a significant role in powering India's entrepreneurial and economic growth. Vi Business has also joined forces with India SME Forum to drive outreach and awareness creation activities.