SRINAGAR: Jammu and Kashmir has witnessed a surge in industrial investments, with the Union Territory receiving 8,306 new business proposals amounting to Rs 1.63 lakh crore in the year 2024-25.
An official document states that these proposed projects are expected to generate employment for 5.90 lakh people.
It also notes that, 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 such as 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. (KNO)
