L-G Manoj Sinha: Militancy on verge of wipeout, invest in J&K

Jammu, January 12

Lieutenant Governor (L-G) Manoj Sinha attended the special session on ‘Investment opportunities in J&K’ at Vibrant Gujarat Global Summit on Friday.

In Gujarat, the L-G highlighted the investment landscape of J&K and unique economic opportunities that the UT has to offer in various sectors.

He invited industrialists from India and abroad to invest in J&K. “Terrorism is taking its last breath in Jammu and Kashmir. Investing in Jammu-Kashmir means investing in the unity and integrity of Bharat,” he said.

“J&K has developed a strong investor-friendly environment, economic stability, highly skilled manpower and tremendous opportunities in tourism, hospitality, agriculture, horticulture, handicraft and handloom, IT and manufacturing,” the L-G said.

Manoj Sinha said the unprecedented transformation in J&K in the past few years has created a conducive, secure and dynamic environment for long-term future for investments.

“Investing in J&K offers a unique opportunity to tap into UT’s potential brimming with raw material, better incentives, high productivity for the niche market, high potential of value addition, robust infrastructure and high level of innovation, research and development,” he said.

He said “J&K is a great place to do business because our economy is strong, continues to grow and it is diverse. With more than 55 per cent green space, it offers a great place to live and work. Urban transformation has also ensured quality living in cities”.

Ease of doing business, less compliance burden, physical and digital connectivity and major policy reforms make J&K an attractive trade and business location, the Lieutenant Governor added.

Vikramjit Singh, Commissioner Secretary, Industries and Commerce Department, J&K, gave a presentation on investment opportunities in Jammu and Kashmir. The J&K Government through Industries and Commerce Department also inked MoUs with several industries.