India's newest union territory is a rich contributor in terms of cultural heritage, horticulture, and tourism.
Economy is driven by horticulture, floriculture, sericulture.
Large food processing and handloom/ handicrafts industries.
Handicraft export from J&K in US$ 131.09mn in 2018-19
Centre to provide US$320m to initiate new tourism projects.
Industrial Policy 2016 aims to attract investment of US$310m.
20 districts with population of more than 12.5m in the UT.
US$19.71 bn GSDP during fiscal 2017-18 (Including Ladakh).
Home to the world's finest Biovoltine silk and Pashmina wool with the sector employing +43,000 weavers in the UT.
Total estimated investment across 57 industrial estates, and over 33,000 small enterprises across the UT.
Government of India to set up special economic zones to boost infrastructure and investment opportunities.
For the Youth-heavy population of 14mn, the UT has several academic and training institutes to prepare for industries.
One international airport, two domestic airports, expanding road and rail networks improving India's connection to J&K.
Key bridges located near International Border (IB) and Line of Control (LoC) have been recently inaugurated.
Here are the leading sectors with opportunities for foreign 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.
Khanmoh Industrial Estate in Srinagar is backed by a strong workforce pool
Doabgah Food Park in Baramulla processes the vast local horticulture produce
J&K State Power Development Corp Ltd has come up with the Phase II project in Doda.
The tunnel in Ganderbal is a project of the National Highways & Infrastructure Development Corp Ltd.
is to be constructed along the Srinagar-Leh highway. It is expected to be the largest tunnel in Asia.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments