New Industrial Estates

J&K administration is focussing on industrial development so that more employment opportunities are created.

Recently Administrative Council accorded administrative approval  for the development of  seven  new Industrial Estates in the UT of J&K  spread over 5290 kanals of land  for an amount of Rs. 304.51 Crores .

The estimated investment  in these seven new Industrial Estates is Rs. 8700.16 Crores  with  employment potential of 28376 persons.  These 7 new Industrial Estates are situated at Banderpora Budgam, Sempora Medicity, Srinagar, Bhagthali, Kathua, Karandi, Samba, Trenz, Shopian,  Hariparigam Tral Pulwama  and Khunmoh, Pantha Chowk Srinagar.

New Industrial Estate Banderpora Budgam involving 64 kanals of State Land  shall be developed at an estimated cost of Rs. 22.74 crore  by  IRCON. The Project would attract investment to the extent of Rs. 78.12 Crore and generate 735 employments.

New Industrial Estate at Sempora Medicity, Srinagar involving 517 kanals of State  land  shall be  developed at an estimated cost of Rs.  22.60 crore by IRCON. The Project would attract an investment of Rs.1825.45 Crore and has employment generation potential of around 11643 (approx.)

New Industrial Estate at Bhagthali, Kathua involving 2949 kanals of State Land shall be developed at an estimated cost of Rs 83.13 Crore by NBCC. The Project will attract investment of Rs.4599.89 crore and has employment potential of around 8278 (approx.)