Jammu and Kashmir is emerging as a favorite investment destination because of the changing in rules and policies.
Lot of youth have established their own industrial units across Jammu and Kashmir and the recent figures released by the J & government said that the investment projects worth Rs 10,000 crore are under execution in Jammu and Kashmir.
After the introduction of the new Industrial Development Scheme and personal interest taken by the Union Home Minister, the UT has received investment proposals worth Rs 56,000 crore in just about one year’s time.
There is huge rush of investments in Jammu and Kashmir by the private players from the country as well as abroad. Several builders have also shown keen interest in investments here during a Real Estate Summit.
Jammu and Kashmir is set to become the top investment destination in the country as it races up to various infrastructure projects and is reaching out to foreign and domestic investors through several forums and industrial summits. The UT administration is bridging three decades of lack of development. Jammu and Kashmir has never been explored the way it should have been for the larger good of people and the changes are now visible on the ground with the dedication and commitment of the present LG led Administration.
J&K Government has also received dozens of proposals for establishing health care projects in the two medi-cities of J&K. These include Dubai based businesses like EMAAR Group, Noon.com, Al Maya Group, GL Employment, MATU Investments and others.