Mega Tool Room to be set up in Kathua district: Kitchloo

Image
Press Trust of India Jammu
Last Updated : Feb 19 2014 | 6:18 PM IST
A mega Tool Room will be set up in Kathua district of Jammu and Kashmir to impart training to local labourers, state minister Sajjad Ahmed Kitchloo has said in the Assembly.
"The mega Tool Room at Ghatti Industrial Estate in Kathua district and its extension centre at Sanatnagar in Srinagar have been sanctioned... It will invite an investment of more than Rs 100 crore," Kitchloo, Minister of State for Industries and Commerce, said in reply to the debate on demand of grants for the departments under his charge last evening.
He said the Tool Room would help existing unit holders to procure required spares.
Stating that industrialisation is key to employment generation and economic autonomy, the minister said the Centre had extended special incentives for the state for another five years. This will boost trade and industry, he added.
Kitchloo said two textile parks in Kathua and Ghatti Industrial Estates were being developed, besides a Food Park in IGC Lassipora, Pulwama to boost textile- and agro-based industries in the state.
He said 1,65,000 persons were employed in various industrial units in the state, out of which 1,32,000 were from Jammu and Kashmir.
Earlier, the minister moved a demand for a sum of Rs 432.64 crore to defray the charges which would come in the course of payment during the year ending March 31, 2015 for departments and PSUs under his charge. The House, later, passed the grants by a voice vote.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 19 2014 | 6:18 PM IST

Next Story