{"id":39406,"date":"2021-08-11T20:12:57","date_gmt":"2021-08-11T14:42:57","guid":{"rendered":"https:\/\/kashmir.today\/?p=39406"},"modified":"2021-08-11T20:12:57","modified_gmt":"2021-08-11T14:42:57","slug":"investors-of-us-dubai-england-willing-to-invest-in-jk","status":"publish","type":"post","link":"https:\/\/kashmir.watch\/?p=39406","title":{"rendered":"Investors of US, Dubai, England willing to invest in JK"},"content":{"rendered":"

\u2018J&K industrial policy generated lot of interest in corporate sector’: Ranjan Thakur, Principal Secretary I&C<\/em><\/strong><\/p>\n

Srinagar, Aug 11 : The investors of United States (US), Dubai and England are willing to invest in the Union territory of Jammu and Kashmir, a top government official informed KINS.<\/em>
\n\u201cFrom last week we have been in talks with delegates and investors from the United States (US), Dubai, and England. The prospective foreign investors had detailed discussions with the government officials on their business plans,”the top officials in the industries and commerce department told news agency KINS, wishing not to be named.<\/em>
\nHe said that they have also asked them to visit the region and explore investment opportunities provided by the UT government.<\/em>
\nHe said that they have provided them the knowledge and research-based information, policy advocacy, marketing and developmental activities in the focus sectors.<\/em>
\nThe official said that they were also in talks with foreign delegates like- Russia, Uzbekistan, Bangladesh, Nepal, and Belarus \u2014 for exploring different avenues to attract global investments.<\/em>
\n\u201cThe government is working towards policies and schemes to ensure \u2018ease of doing business\u2019 to investors. We are always open to facilitate queries and collaborate with the trade fraternity,\u201d the official maintained.<\/em>
\n\u201cWe are sure that more traders from across the world will be looking forward to visiting the Union Territory,\u201d he said.<\/em>
\nHe said around 400 kanal of land have already been approved in the Union territory. \u201cWe have identified 30000 kanals of land and out of it around 400 kanals of land have been approved,\u201d he maintained.<\/em>
\nOn August 5, 2019, the Centre bifurcated the state into the two Union Territories of J&K and Ladakh.<\/em>
\nThe two units came into existence on October 31.<\/em>
\nMeanwhile sources said that the SIDCO has received expressions of Interest (EoI) from several outside companies. These companies, according to the official sources, have shown interest in investing in different sectors in J&K, including apple industry, Hospitals, cold storages, dry fruit and saffron industries, and tourism and hotel industries.<\/em>
\n\u201cAll of them have submitted detailed project proposals, including land required, setting up their businesses,\u201d said the source.<\/em>
\n\u201cOnce some companies start their operations in J&K, it will encourage other investors to follow. We hope this is only the beginning.\u201d<\/em>
\nIt is to mention here that to remove bottlenecks for the land allotment under the new industrial policy, the government has created an easy online registration option for the investors across India.<\/em>
\nThe investors can now submit their proposals online for the investment in Jammu and Kashmir.<\/em>
\nPrincipal Secretary Industries and commerce Ranjan Prakash Thakur told news agency KINS that the aim to introduce online registration was to provide a hassle-free option for the investors interested in expanding base in JK.<\/em>
\n\u201cThe aim was to make the whole process a single window clearance. We don\u2019t want to make the entire process tedious for the investors,\u201d Prakash told KINS.<\/em>
\nThe Principal Secretary said the new J&K industrial policy has generated a lot of interest in the corporate sector.<\/em>
\n\u201cProjects worth Rs 23,000 crore have already been locked,\u201d<\/em>
\nSources said that the sectors that the government identified include tourism, agro and food processing, manufacturing, IIT and IT, health and pharmaceuticals, skill development, milk, poultry and wool, infrastructure and real estate, herbal and medicine plants, film sector, renewable energy, agriculture and mulberry, handloom, handicrafts and horticulture.(KINS)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

\u2018J&K industrial policy generated lot of interest in corporate sector’: Ranjan Thakur, Principal Secretary I&C Srinagar, Aug 11 : The investors of United States (US), Dubai and England are willing to invest in the Union territory of Jammu and Kashmir, a top government official informed KINS. \u201cFrom last week we have been in talks with […]<\/p>\n","protected":false},"author":1,"featured_media":39405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-39406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-union-territory"],"_links":{"self":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/39406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39406"}],"version-history":[{"count":0,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/39406\/revisions"}],"wp:attachment":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}