• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Tuesday, September 1, 2026
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Top News

CM for equal tourism, industrial growth in J&K

Invites investors to harness UT’s untapped potential

LCT Desk by LCT Desk
September 21, 2025
in Top News
Reading Time: 3min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

READ ALSO

Take Red Cross services closer to people: Lt Governor

J&K highly vulnerable to multiple natural hazards: Parl panel

Srinagar, Sep 20: Chief Minister Omar Abdullah Saturday emphasized the need to complement Jammu and Kashmir’s tourism success story with an equally robust industrial growth, calling upon industry leaders to view J&K as a viable and promising investment destination.
Addressing the 4th meeting of the Confederation of Indian Industry (CII) Northern Regional Council 2025-26, held in Srinagar, the Chief Minister acknowledged that while the focus in recent months has largely been on tourism, industrial growth has not received the same attention. He assured stakeholders that the government is determined to correct this imbalance by strengthening the investment ecosystem across Jammu and Kashmir.
“Tourism is one part of our growth story, but the other part that requires equal attention is industrialisation,” Omar Abdullah said while interacting with business leaders. “Jammu and Kashmir remains an attractive place for investment despite challenges, and we are committed to making it easier and more rewarding for industry to operate here.”
The Chief Minister presented an overview of ongoing investments and incentives in J&K, noting that industrial hubs such as Kathua, Samba, Bari Brahmana in Jammu, and Lassipora in Kashmir continue to attract the highest inflow of capital.
He underlined recent government efforts to simplify procedures, while candidly admitting gaps in the single-window clearance system:
“We must ensure that our ‘single window’ is truly a single window, not one that leads to a ventilator, then an exhaust fan, and eventually nowhere. I have directed the Industries Department to engage directly with recent investors and learn from their experiences to fix this system once and for all.”
The Chief Minister highlighted J&K’s comparative advantages: cheaper land and electricity than neighbouring regions, GST reimbursement benefits, and availability of skilled labour. He encouraged manufacturers to explore J&K for investment in certain investor- friendly sectors which offer competitive advantage and to weigh their options in the wake of new GST rate slabs.
On the perception-versus-reality gap about peace and security in the region, Omar Abdullah said:“J&K today is calm, peaceful, and open for business. Yes, there have been difficult times, but those are behind us. Tragic incidents like the one at Pahalgam are aberrations, not the norm, and every step is being taken to prevent its recurrence.”
The Chief Minister urged investors to look beyond subsidy-driven models and invest in sectors where J&K has inherent strengths. He cited examples from agriculture, horticulture, and dairy production, noting that only 4% of milk in Kashmir is processed, compared to 80% in Gujarat.
“This is a ready-made opportunity for value addition. We produce the raw material, we have the market, and yet we under-utilise our potential. The same is true for other sectors where J&K can provide both raw materials and skilled manpower.”
Calling unemployment a pressing challenge, he stressed that the state cannot continue to rely only on government jobs. “Industrialisation and tourism together must create new employment avenues for our youth,” he asserted.
The Chief Minister encouraged candid feedback from CII members so that the government will work on shortcomings, if any.
“Those of you investing in J&K, tell us what went well and what hasn’t. Those of you who are reluctant, tell us why not—and if it is within our power, we will address it. Your feedback is critical to shaping a business-friendly future here.”
Among others who addressed the gathering were CII Northern Region Chairperson Anjali Singh, CII Delhi State Council Chairman Puneet Kaura, Vice Chairman CII J&K Council MA Alim and CII Northern Region Director Rachna Jindal.
The event witnessed wide participation from industry leaders across the region.
The Chief Minister thanked CII for organising the meeting in Srinagar and reaffirmed his government’s commitment to facilitate investment, promote value addition and build a sustainable industrial ecosystem in Jammu and Kashmir.

Related Posts

Top News

Take Red Cross services closer to people: Lt Governor

September 1, 2026
Take Red Cross services closer to people: Lt Governor

Srinagar, Aug 31: Emphasising the need to take Red Cross services closer to the people, Lieutenant Governor Manoj Sinha on...

Read more
by LCT Desk
0 Comments
Top News

J&K highly vulnerable to multiple natural hazards: Parl panel

September 1, 2026
J&K highly vulnerable to multiple natural hazards: Parl panel

Srinagar, Aug 31: The Parliamentary Standing Committee on Home Affairs has observed that Jammu & Kashmir remains highly vulnerable to...

Read more
by LCT Desk
0 Comments
Health

J&K Govt revises cancer aid scheme, raises income limit to Rs 4 lakh

September 1, 2026
Govt amends building bye-laws to boost Ease of Doing Business

Srinagar, Aug 31: The Jammu and Kashmir Government has substantially revised the Cancer Treatment & Management Fund for Patients (CTMFP)...

Read more
by LCT Desk
0 Comments
Top News

G A Mir meets Rahul Gandhi

September 1, 2026
Pahalgam attack raises serious questions of security, intelligence failure: G A Mir

Srinagar, Aug 31: Senior Congress leader and MLA Dooru Ghulam Ahmad Mir met Rahul Gandhi in New Delhi on Monday...

Read more
by LCT Desk
0 Comments
National

India rejects Hague tribunal order on Indus Waters Treaty

September 1, 2026
India rejects Hague tribunal order on Indus Waters Treaty

New Delhi, Aug 31: India on Monday rejected the order issued by the Permanent Court of Arbitration in The Hague...

Read more
by LCT Desk
0 Comments
Top News

Altaf Bukhari questions J&K Bank’s lending pattern, recruitment policy

September 1, 2026
People suffering from power outages: Altaf Bukhari

Srinagar, Aug 31: Apni Party president and former Finance Minister Syed Muhammad Altaf Bukhari on Monday questioned the functioning and...

Read more
by LCT Desk
0 Comments
Next Post
No guilty should escape, no innocent be harmed: DGP

No guilty should escape, no innocent be harmed: DGP

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.