Rehan Qayoom Mir
Srinagar, Mar 6: Jammu and Kashmir has witnessed a surge in industrial investments. The Union Territory has received 8306 new business proposals amounting to Rs 1.63 lakh crore in the year 2024-25.
An official document, states that the proposed projects are expected to generate employment for 5.90 lakh people.
It also reads, to support this industrial expansion, the government is developing 46 new industrial estates, requiring 79,137 kanals of land. Infrastructure development for these estates is being carried out by PSUs like NBCC, IRCON, and CPWD.
These investments, the document states, will strengthen the region’s industrial base, enhance employment opportunities, and position J&K as a key investment hub.
