J&K attracts Rs.10,516 crore investment since 2019, igniting economic growth across Jammu and Kashmir
J&K attracts Rs.10,516 crore investment since 2019, with Rs. 3,407 crore in Kashmir and Rs. 7,108 crore in Jammu, boosting industrial growth and economic development in the region.
Rs. 3,407 Crore in Kashmir, Rs. 7,108 Crore in Jammu
Jammu, March 10: The Jammu and Kashmir government on Monday revealed that the Union Territory has received a substantial investment of Rs. 10,516 crore since the financial year 2019-20, underscoring a significant push towards industrial and economic development in the region.
The Minister-in-charge of Industries & Commerce, Surinder Choudhary, shared the information in a written response to a question posed by MLA Budhal, Javed Iqbal Choudhary, in the House. The minister provided a detailed financial breakdown, highlighting that of the total investment, Rs. 3,407.63 crore has been allocated in Kashmir, while Jammu has attracted Rs 7,108 crore.
According to official figures, investment in Kashmir has seen a fluctuating yet progressive rise over the years :
2019-20: Rs 164.37 crore
2020-21: Rs148.89 crore
2021-22: Rs 125.87 crore
2022-23: Rs 737.36 crore
2024-25 (up to February 25, 2025): Rs 1,423.17 crore
Meanwhile, the Jammu division has witnessed a more significant inflow of investments, with figures reflecting a steady upward trend:
2019-20: Rs. 132.27 crore
2020-21: Rs 263.85 crore
2021-22: Rs 250.89 crore
2022-23: Rs. 1,416.07 crore
2023-24: Rs. 1,966.20 crore
2024-25 (up to February 25, 2025): Rs. 3,079.57 crore
The increasing investment in Jammu and Kashmir is seen as a result of various industrial reforms and incentives introduced by the administration to encourage businesses and investors. The government has been actively working on developing infrastructure, easing business regulations, and offering subsidies under the New Industrial Development Scheme (NIDS) to attract industrial players.
The substantial investment in Jammu, nearly double that of Kashmir, reflects the growing preference of industries for the region’s infrastructure and industrial-friendly policies. Meanwhile, Kashmir’s investment figures show promising growth, particularly in the last two years, suggesting a renewed interest in economic opportunities in the Valley.
Officials have stated that the government remains committed to further boosting investment and employment opportunities in both divisions of Jammu and Kashmir, with additional industrial parks, business hubs, and economic corridors in the pipeline.
This investment drive is expected to not only enhance economic growth but also generate employment and strengthen Jammu and Kashmir’s position as a rising industrial hub in North India.
