As international delegation arrives in JK, LG Sinha hopes Rs 70K crore investments in 6 months

J&Good ample Lieutenant Governor Manoj Sinha on Monday said he is hopeful that Jammu and Kashmir shall be getting bigger than 70 thousand crores of investment in the next six months. LG Sinha became as soon as replying to the request on the advent of a delegation from the Gulf worldwide locations to enhance ties and stumble on at the investment opportunities in the Union Territory.

LG Sinha said, “I became as soon as told a 34-member excessive-level delegation had blueprint from there. They’re procuring for avenues where investment can even be made in Jammu and Kashmir. To this level, we now own sanctioned over 26,000 crore price of proposals and additionally provided the land to the merchants. And we’re hopeful of getting an investment of Rs 70,000 crore in the next six months”.

He added, “Day after lately, our industries division is organising a programme spherical 12 pm on this connection and I’m hopeful that its appropriate results shall be witnessed by the opposite folks of J&Good ample”.

When requested wherein sector they’re planning to make investments and whether the investment shall be restricted to Kashmir or shall be extended to Jammu as nicely, Sinha said, “It might possibly possibly be cleared tomorrow. It might possibly possibly capture diagram in each and each regions of Jammu and Kashmir in assorted areas”.

Foreign merchants blueprint in J&Good ample

A community of 34 merchants arrived in Srinagar the day outdated to this (March 20) from the Gulf worldwide locations to enhance ties and stumble on at the investment opportunities in the location. Manoj Sinha, Lieutenant Governor of J&Good ample collectively with the Significant Secretary, Industries and Commerce, and diverse authorities officials shall be showcasing investment opportunities with a focal level on entrepreneurship, tourism and the hospitality sector.

The talk over with comes months after ‘Jammu & Kashmir Week’ at the Dubai expo led by LG Sinha where he had extended invitations personally to the visiting officials. The UT is aiming to plan original investments in industries and tourism by highlighting key opportunities and disclose sectors in J&Good ample to the delegation.

The delegation will additionally talk over with Pahalgam and Gulmarg to fetch investment opportunities in the Tourism and Hospitality sector. The programme agenda is in step with the initiatives taken by the Govt of J&Good ample in opposition to creating favourable infrastructure for export promotion and an entrepreneurial friendly ambiance. There shall be pitch displays of several importers, exporters and begin-u.s.in J&Good ample collectively with an define of the cottage and silk industries, product displays and artisan meats.

(Image: PTI)

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