Jindal Group Sets Its First Unit In Kashmir

   

SRINAGAR: Jindal steel has laid foundation stone of its first investment project in south Kashmir’s Pulwama district. A ₹ 150-crore steel processing unit in Pulwama is the first such project being set up after special status to the state under Article 370 of the Constitution was scrapped in 2019.

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Sajjan Jindal, chairman of JSW group, tweeted photos of a prayer ceremony of the foundation stone at Lassipora Industrial Estate in Pulwama district.

“Proud to announce that we have laid the foundation stone for our new steel processing unit in Pulwama – the heart of Kashmir. Contributing to the growth of the beautiful state of Jammu and Kashmir,” Jindal tweeted.

Almost two years ago, the Union Territory administration had granted 8.75 acre to JSW Steel.

The Jammu and Kashmir administration has been talking about receiving proposals worth ₹ 70,000 crore for investment. But these have remained largely on paper.

After foundation ceremony by Jindal Steels, the BJP government in the centre is finally walking the talk on development.

“Now development is visible on the ground. To all the leaders who used to say that nothing is visible on the ground, Lassipora is proof. The BJP does what we say we will do,” NDTV quoted BJP spokesperson Abhijeet Jasrotia as having said.

In December, the government told parliament that over ₹ 1,000 crore investment has come to Jammu and Kashmir since 2019.

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