Jammu and Kashmir has been recognized as a leading achiever in ease of doing business at the Udyog Samagam 2025 held in New Delhi. The accolade was awarded under the Business Reforms Action Plan (BRAP) 2024, reflecting the region’s strong performance in creating a business-friendly environment.
Vikramjit Singh, Commissioner Secretary of the Industries & Commerce Department, received the award on behalf of the J&K Government. The award was presented by the Union Minister of Commerce and Industry, Piyush Goyal. The recognition highlights the Union Territory’s focus on accelerating industrial growth, facilitating investments, and ensuring regulatory efficiency and transparency.
The BRAP 2024 assessment evaluated all states and union territories across 25 reform areas that influence ease of doing business. The evaluation covered 434 reform points and was supported by one of the largest national feedback exercises, involving over 5.8 lakh businesses and more than 1.3 lakh detailed interviews. J&K emerged as a Top Achiever, securing the 5th rank overall and achieving the highest score in four out of five critical reform areas.
This achievement underscores the J&K Government’s commitment to building a robust industrial ecosystem that supports both investors and local businesses. By streamlining processes and implementing reforms, the region has enhanced its attractiveness as a preferred investment destination.
The recognition at Udyog Samagam 2025 not only acknowledges past efforts but also reinforces J&K’s ambition to continue improving its business environment. Stakeholders in industry and commerce view this milestone as a positive signal for future economic growth, innovation, and sustainable development in the region.
With such accolades, Jammu and Kashmir is steadily positioning itself as a competitive and investor-friendly hub in India, reflecting a strong push towards modernization and economic resilience.
