Business Standard

Paradise regained: J&K puts in elbow grease to get Srinagar ready for G20

The government notified a new policy for the industrial development of the region in 2021

Gulf Investment Summit in Srinagar
Premium

Gulf Investment Summit in Srinagar

Aditi Phadnis
Jammu & Kashmir (J&K) has received a record investment of Rs 1,547.87 crore in the current fiscal year (until January). According to data presented this month in the Lok Sabha by the Ministry of Home Affairs, this is the highest ever compared to the earlier fiscal years.

This follows the Union Territory’s first Gulf Investment Summit in Srinagar in March 2022. The administration said the objective was to “bring together investors, decision-makers, senior government officials, and local business community for a dialogue on concrete investment opportunities in the state”.

On that occasion, Lieutenant Governor Manoj Sinha said he hoped to

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 19 2023 | 9:08 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com