Jammu and Kashmir

India's newest union territory is a rich contributor in terms of cultural heritage, horticulture, and tourism.

Last updated: March 8, 2024

Economy is driven by horticulture, floriculture, sericulture.

355 handloom in Jammu and 243 units in Kashmir

The UT is home to about 65 industrial estates

$27.14 Bn GSDP during fiscal 2020-21

Major handicraft items include Carpets, Paper Mache and Shawls

The state has set up 89 training centres for indigenous textile manufacturing

Srinagar

Handloom

Home to the world's finest Biovoltine silk and Pashmina wool with the sector employing +43,000 weavers in the UT.

Largest

producer of apples, walnuts and cherry in India

Largest

producer of saffron in India

74%

share in renewable energy

3.5 lakh

artisans for shawls & carpets and 40,000 weavers

11.87%

GSDP growth rate for FY21

J&K Logistics Policy 2019-29 (Draft)

India's logistics and warehousing industry is growing exponentially and this policy will help enhance the growth of this sector in the state. 
J&K Trade and Export Policy, 2018-28

The Trade & Export Policy expects to assist the State strive to carve a place for itself in the national economy and a niche for its products in the national and international market.
J&K Single Window (Industrial Investment and Business Facilitation) Act, 2018

The policy aims to encourage business and investment activities in the region by simplifying rules and regulations. 
J&K Ecotourism Policy 2017

The objective of the J&K Ecotourism Policy is to provide livelihood opportunities to local communities through ecotourism and to secure their involvement in conservation of natural resources. 
J&K Startup Policy - 2018

To nurture and inspire the young and entrepreneurial brains of Jammu and Kashmir to pursue innovation and entrepreneurship by creating a vibrant and conducive startup ecosystem in the State.
J&K Industrial Policy 2016

The policy aims to facilitate trade and investment activities in the state.

J&K Reorganisation Act 2019

An Act to provide for the reorganisation of the existing State of Jammu and Kashmir and for matters connected therewith or incidental thereto.
J&K Solar Power Policy 2013

This policy will help generate green and clean power in the State using the Solar Energy and to meet the targets to be achieved countrywide. 
Industrial Development Scheme for Jammu and Kashmir, 2017

The Industrial Development Scheme for Jammu and Kashmir, 2017 will be effective from June 15, 2016 to March 31, 2022.
J&K Operational Guidelines for Industrial Development Scheme 2021

This scheme provides operational guidelines for registration of units under the new central sector scheme for industrial development of Jammu & Kashmir.

J&K State Industrial Development Corporation

+91-194-2430036; 2434402

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J&K SIDCO is the nodal agency for promotion & development of medium and large scale Industries in the state.

Chamber of Commerce & Industry Jammu

+91-191-2472266

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The chamber works to create and sustain an environment conducive to the growth of industry and trade in Jammu, partnering both of them through advisory processes.

Jammu And Kashmir Trade Promotion Organisation

It is classified as State Govt company and is registered at Registrar of Companies, Jammu.

Industry and Commerce Department

+91-191-2506439; 2506426

Visit Website

The industry sector has been declared as the main vehicle for accelerating economic activity besides providing employment in the state.

Key Investment Agency

Key Growth Sectors

Here are the leading sectors with opportunities for foreign investors

Agriculture
Automobile
Automobile Components
Construction
Electrical Machinery
Electronic Systems
Food Processing
Healthcare
Leather
Mining
Pharmaceuticals
Renewable Energy
Textiles and Garments
Tourism
Wellness

Key Investors

Coca-Cola operates a manufacturing plant in Jammu and Kashmir.

Pepsi operates a manufacturing plant in Jammu and Kashmir.

Grauer & Weil runs a manufacturing plant in Jammu and Kashmir.

Reckitt Benckiser operates a manufacturing plant in Jammu and Kashmir.

Investment Opportunities

Industrial Estate

Khanmoh Industrial Estate in Srinagar is backed by a strong workforce pool

Food Park

Doabgah Food Park in Baramulla processes the vast local horticulture produce

Kirthai Hydel Power

J&K State Power Development Corp Ltd has come up with the Phase II project in Doda.

Z-Morh Tunnel

The tunnel in Ganderbal is a project of the National Highways & Infrastructure Development Corp Ltd.

Zojila Tunnel

is to be constructed along the Srinagar-Leh highway. It is expected to be the largest tunnel in Asia.

For more information please click these links
CDRI ISO

State Attractions

Sunset on the beautiful Dal Lake in Srinagar, Jammu and Kashmir
Picturesque close up view of snow covered Himalayan mountain peaks at 14000 feet altitude, Gulmarg, Jammu and Kashmir

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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News

Realising economic growth through multifaceted infrastructure revamp
August 18, 2021

Prime Minister Modi, in his address to the nation on …

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Jammu & Kashmir: An ideal tourist spot in a post pandemic world
April 18, 2021

Aiming to explore and foster the potential of the union …

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India and Pakistan’s Indus Delegations to discuss potential for bilateral projects
March 22, 2021

A bilateral delegation led by PK Saxena, India’s Indus Commissioner, …

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Events

Nov 26,2024

Financial Inclusion & Fintech Summit
Nov 27,2024

5th edition of the International Energy Conference and Exhibition
View More