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Executive Summary

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Strategically located, the state of Jammu and Kashmir constitutes the northern most part of India.The state is vested with a good mineral base and significant power potential. Endowed with natural beauty of snow-clad mountains, lakes, streams and rare flora and fauna, the state holds immense potential to attract tourists from across the world.

The state is working for the overall socio-economic development of the state. Infrastructure sectors such as, roads, irrigation and basic minimum services like education, health and water supply are the areas of major thrust in the state. Given the vast large opportunities, the sector constitutes one of the topmost priorities of the state.

Despite a somewhat tense political environment, J&K has seen a steady progress in the establishment of industrial units.The state hosts a number of key national industrial players like National Hydroelectric Power Corporation Ltd., Singer India Ltd., Hindustan Machine Tools- to name a few.

The state is endowed with the required skills and resource base offering immense business opportunities in hydro power generation, handloom and handicrafts exports, promotion of gems and jewellery industry and development of the tourism potential in the state

 

Content Source: www.ibef.org

 
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