Advantage J&K

• Allotment of land at concessional rates in industrial areas on lease for 90 years.

• Large tourism potential.

• The state actively works towards upgrading the state's tourist potential and making it an attractive tourist destination. The state has been selected for a pecial National Tourism Award for the outstanding performance in adopting strategies to boost tourism during 2003

• Horticulture industry in Kashmir is the bulwark of rural economy in the state generating revenue of over US$ 10.5 million yearly and providing job facilities to thousands of people directly and indirectly.

• The people of the state possess inherent skills of weaving and designing of textile products, which could be the basis for setting up of state-of-the art textile industry in the state.

• The traditional skills of fine craftsmanship can be easily transformed to suit the needs of modern industrial processes, especially in the field of electronic and precision engineering

Content Source: www.ibef.org