Jammu & Kashmir LG Shri Manoj Sinha announced that women are driving 296 startups in Jammu and Kashmir, marking a significant milestone in the Union Territory’s entrepreneurial journey.
In his address,he lauded the achievements of women entrepreneurs, stating, “Women leading 296 startups is a testament to their resilience and entrepreneurial spirit.”
While he did not provide detailed breakdowns of the startups’ industries or scale, the figure reflects a growing wave of female leadership in J&K’s economic sphere.
The announcement underscores the administration’s efforts to foster an inclusive startup ecosystem that empowers women alongside youth.
A Shift in J&K’s Economic Landscape
This surge in women-led startups signals a departure from J&K’s traditional reliance on agriculture and tourism.
Following the revocation of Article 370, the region has been navigating economic reforms, with entrepreneurship emerging as a key focus.
The 296 startups led by women highlight a trend that could redefine the Union Territory’s economic identity, positioning it as a potential hub for innovation in India.
The rise of these ventures aligns with national initiatives to promote women in business, suggesting J&K could attract further investment and policy support. Though comprehensive data on the startups’ impact is yet to be released, he emphasised on this achievement points to a commitment to gender inclusivity and economic diversification.
For now, it stands as a promising step toward a more dynamic and equitable economy in the region.