J&K’s industrial leap forward

Jammu and Kashmir’s New Industrial Policy (2021-30) has catalyzed an economic surge, with Rs 10,219 crore invested, resulting in 1,729 industrial units and jobs for 62,457 people. The policy, aimed at fostering industrial growth and self-reliance, has drawn investment proposals worth Rs 1,69,512.29 crore under the J&K Industrial Land Allotment Policy as of March 17, 2025, including 2,216 from Jammu and 6,343 from Kashmir. Incentives worth Rs 411.51 crore have been approved to bolster investors and entrepreneurs. The J&K Start-up Policy (2024-47), launched in February 2024, has registered over 1,003 start-ups on the Start-up India portal, with 369 led by women and more than 500 emerging since March 2024. Despite no proposals yet under the J&K Private Industrial Estate Development Policy (2021-30), the government is pushing to make J&K a hub for industry and innovation, driving employment and sustainable development across the Union Territory.

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