India-UAE Investor Meet took place on March 19, 2023. The Lieutenant Governor of Jammu and Kashmir, Shri Manoj Sinha said that it was a historic day. The foundation stone was laid for a 10 lakh square foot mall by EMAAR group. With this, the first foreign direct investment began in Jammu and Kashmir, LG said. The mall will be constructed at a cost of Rs 250 crores. Two more lands have been given to them where they will construct an IT Tower for Rs 150 crore each. Altogether, Rs 500 crore investment has been made. The industrial policies in Kashmir are much better than the policies of the other states in India. LG said they have built an infrastructure that is quite good. In the coming days, the infrastructure will keep getting better and better. The LG said it is because of the Prime Minister Narendra Modi that Jammu and Kashmir has reached this position. It could not be thought before August 5, 2019 that anyone can get land in Jammu and Kashmir. Jammu and Kashmir’s agricultural land will stay with the people of Jammu and Kashmir, this we have got it covered. LG welcomed the investor delegates from UAE. He also welcomed investors from the states of India such as Rajasthan, Gujarat, Kerala, Maharashtra, Himachal Pradesh and Uttarakhand etc and said the investment that you make in Jammu and Kashmir will have more value here. The speed at which the country is changing, Jammu and Kashmir is also making an effort to keep pace with it. We also want that in building a new India, Jammu and Kashmir’s contribution is no less than any other and in this direction our partners are working tirelessly. We want to work in that direction, said the Lieutenant Governor. Invest in Jammu and Kashmir, LG said as Kashmir is considered as the Sharda Peeth and knowledge originated from here.