Tuesday, 02 January 2024 12:17 GMT

In 5 Yers J & K Gets 1984 Industrial Units, ₹9,606 Cr Investment


(MENAFN- Kashmir Observer) Srinagar: Jammu and Kashmir has seen a surge in industrial expansion, with 1,984 new units coming up since 2019, generating 63,710 jobs and attracting ₹9,606.46 crore investments.

According to the official document, 334 new industrial units were established in FY 2024-25 alone, with an investment of ₹2,977 crore, creating 8,443 jobs.

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The document also highlights the impact of the New Central Sector Scheme (NCSS) 2021, which has been fully subscribed. With an outlay of ₹28,400 crore, the scheme has 971 approved applications, securing ₹10,471 crore in investments and creating 51,897 jobs.

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