Jammu and Kashmir Chief Minister Omar Abdullah has stressed the need to strengthen the Union Territory’s industrial and manufacturing base. Speaking at a workshop organized by the Federation of Indian Export Organisations (FIEO), the Chief Minister said the government is committed to transforming J&K into a more attractive destination for investment and production. He noted that the administration is identifying infrastructural gaps and taking steps to improve them in order to open new avenues for industrial growth.
“We aim to attract more investment, boost production, and create greater employment opportunities,” the Chief Minister said. He added that the government has already initiated several measures to restore business confidence, which had been lacking for decades.
Omar Abdullah highlighted that sectors such as agriculture, horticulture, handicrafts, information technology, and pharmaceuticals hold immense potential for J&K’s economic growth. The government, he said, is placing special focus on these areas. However, he acknowledged that long-standing instability and infrastructural limitations continue to pose challenges.
According to the Chief Minister, J&K’s economy is expected to grow by nearly 10 to 11% this year a promising sign for industrial development. Yet, traditional sectors like tourism, agriculture, and handicrafts are still facing some slowdown.
He concluded by saying, “The perception that investing in Jammu and Kashmir is risky must change. The government is now introducing policies to rebuild investor confidence.” Abdullah expressed optimism that with improved infrastructure, modern technology, and better supply chain and transport facilities, Jammu and Kashmir could soon emerge as one of India’s key industrial hubs.