After the removal of Article 370, Jammu and Kashmir will become an industrial hub, investment will come and there will be rejuvenation - Newztezz Online

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Tuesday, April 25, 2023

After the removal of Article 370, Jammu and Kashmir will become an industrial hub, investment will come and there will be rejuvenation


J&K Industrial Hub:
After getting freedom from 370 shackles, new investment opportunities are opening up there. In the coming days, the result of this will be that Jammu and Kashmir will be known as an industrial hub.

Ever since Article 370 was removed from Jammu and Kashmir, there has been a metamorphosis. In such a situation, Lieutenant Governor Manoj Sinha said that after getting freedom from 370 fetters in Jammu and Kashmir, new investment opportunities are opening up there. In the coming days, the result of this will be that Jammu and Kashmir will be known as an industrial hub. He said that Jammu and Kashmir is fast developing and emerging as an investment Union Territory.

Today people from India and abroad are coming to invest in Jammu and Kashmir. He said these things in the two-day MSME Conclave. During this, he also spoke about the economic development of Jammu and Kashmir. He said that the face of the state will change in the coming days.

Jammu and Kashmir has contributed a lot in the economic development of the country

Manoj Sinha said that the union territory has contributed a lot in the economic development of the country. He said that under the guidance of Prime Minister Modi, small business has got a boost in the country. Today, most of the earning in the country is coming through MSME only. MSME is also developing well in Jammu and Kashmir. At present, there are 5294 industrial units in 67 industrial sectors in Jammu and Kashmir, in which 1.09 lakh people are working.

Opening up new business opportunities

Today new business opportunities are opening in Jammu and Kashmir. For this, the state government has identified 48,301 kanals of land at many places for the development of 42 new industrial sectors. An investment of Rs 34292 crore is likely to come from this. On the basis of this, the government has also approved 3300 applications.

IT tower and super market will be built

Emaar Group of United States and Emirates is going to invest Rs 500 crore in Jammu and Kashmir. With this investment, two IT towers and a super market will be built. 54 and 100 kanals of land have also been selected for the construction of IT tower and super market. With the start of these two, about 12 thousand people will get direct employment. Along with this, Apollo Group is also investing 250 crores in Jammu and Kashmir. Apollo is planning to build a 250-bed hospital here. Apart from this, about 12 thousand people will get employment.

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