J&K has best industrial policy & huge investment opportunities : LG Sinha

KOLKATA –  “Jammu & Kashmir is all set out on a growth path with high hopes and expectations, ” said Manoj Sinha, Lt Governor  of Jammu and Kashmir, here.

” This is the dawn of new era for the growth, development and overall well-being of the people

of J&K. Barriers to commerce and trade have also been removed. The people of J&K can now

fully enjoy the rights and benefits enjoyed by all other citizens of India rather than just a limited set

of rights and benefits, ” he added.

” A strong grassroot democracy has been set up with genuine participation of people at the

lowest rungs of governance in Panchayats and Urban Local Bodies, ” he stated.

In a follow up to the recently announced investment policies and Land allotment policy for J&K, Jammu & Kashmir Trade Promotion Organisation (JKTPO) Department of Industries and

Commerce, Government of J&K, in association with Confederation of Indian Industry today

organised an Interaction with Industrialist/ Investors from Eastern India.

Prior to that Ranjan Prakash Thakur, Principal Secretary Industries and Commerce, invited

industry members to visit J&K and see the changes on the ground themselves and take benefit

of the best industrial policy in the country.

This session  facilitated prospective investors to have a dialogue on the immense investment opportunities presented by the verdant region.

“The Union Territory of J&K is one of the best destinations in the country for setting up new businesses as of now with best incentives and improving infrastructure facilities,” he said.

“We are confident that such steps coupled with the Central Government’s and UT Administration’s efforts  in J&K will soon create an environment for attracting industry to the UT,? said Subhasendu Chatterjee, Vice Chairman CII West Bengal State Council and Wholetime Director Haldia Petrochemicals while addressing the gathering.

During the interaction a detailed presentation was made by  Ankita Kar, MD, JKTPO, which

highlighted the Focus sectors and initiatives taken by Government to improve industrial ecosystem

in UT. It was preceded by a video of J&K encapsulating different developments in J&K in last 2

years.

“J&K has seen great changes since Manoj Sinha took over and he has been instrumental in

improving infrastructure, Healthcare , Industrial Investment Ecosystem, he said adding, ” There

is great improvement in connectivity ,Power Infrastructure ,Agriculture and Horticulture. ”

He said there is a greater synergy between the Industry and administration now.

The event was attended by over 40 delegates and  some prominent industry groups present

were Tata Steels, Haldia Petrochemicals, Anmol Feeds ,Eveready Industries, KCT Industries,

Herbalife Industries ,Green Ply Industries ,Titagarh wagons, Apeejay Surrendra Park Hotels

Limited  to name a few.