Jammu & Kashmir's Industrial Surge: A Game-Changer in Employment and Investment

The Jammu and Kashmir government has attracted over 8,500 applications for industrial investment, proposing over Rs 1.69 lakh crore and creating potential employment for over 6 lakh individuals. Land allocations have been made to both local and non-local entities under various policies to foster industrial growth.

In a significant boost for the industrial landscape in Jammu and Kashmir, the government announced it has received over 8,500 investment applications, amounting to a massive Rs 1.69 lakh crore, alongside employment proposals for over 6 lakh jobs.

The announcement, made by Deputy Chief Minister Surinder Choudhary in response to legislative queries, underscores the allocation of land to 213 non-local and 1,751 local beneficiaries under the Industrial Policy 2016-26 and the Industrial Land Allotment Policy 2021-30.

Choudhary detailed the applications, highlighting regional specifics: Jammu is set to see investments of Rs 1,18,918.47 crore, while Kashmir anticipates Rs 50,363.75 crore, with substantial land allotments supporting the burgeoning industrial ambitions in both regions.

(With inputs from agencies.)