New Delhi, Jan 20: With an intent to invite investments to the newly formed UT of Jammu & Kashmir, a three-day Global Investors’ Summit 2020 is scheduled early this year which will be held in the twin cities of Srinagar and Jammu. As a precursor to this mega event a Pre-Summit Investors’ Meet & Curtain-Raiser of the event was held today in New Delhi.
Singh, Minister of State (Independent Charge), Ministry of Development of North
Eastern Region, Minister of State, Prime Minister’s Office, Government of
India; Girish Chandra Murmu, Lieutenant
Governor, UT of Jammu & Kashmir;
Kewal Kumar Sharma, Advisor to Lieutenant Governor, J&K; B V R
Subrahmanyam, Chief Secretary and other senior officers were present at the
showcased wide ranging investment opportunities available in the fourteen focus
sectors to boost manufacturing and employment generation in the region. More
than 350 delegates from various sectors and leading organisations participated
in the event and more than 45 B2G meetings took place in this event.
The aim of the
upcoming Global Investors’ Summit 2020 is to exhibit investment opportunities
available in the newly formed UT of J&K in different sectors including
Tourism, Film Tourism, Horticulture & Post Harvest Management, Agro and
Food Processing, Mulberry production for silk, Health & Pharmaceuticals,
Manufacturing, IT/ ITes, Renewable Energy, Infrastructure and Real Estate,
Handloom and Handicraft and Education.
Government of J&K is developing 2 IT parks, ICD in Samba and have
identified industrial land bank of over 6000 acres across 20 districts of J&K to develop State-of-the-Art
Industrial Parks. Also, the J&K Government has removed all the toll barriers
to enable seamless inward and outward movement of raw materials and goods.
Pre-Summit Investors’ meet & curtain-raiser, a state film along with the
focus sector profiles and policies were introduced by Shri Manoj Kumar Dwivedi,
Commissioner/Secretary Industries & Commerce, J&K with the focus on the
theme: Explore (the opportunities in industries and infrastructure, policies in
the region), Invest (in the new and existing investment options); Grow (prosper
via incentives and strategic advantages in key sectors).
Singh congratulated the Lieutenant Governor of J&K, Shri Girish Chandra
Murmu for taking such an initiative. He said, “Prime Minister’s indulgence in
the J&K region is leading to a lot of development in various sectors”.
On the occasion,
Lieutenant Governor of J&K, Shri Girish Chandra Murmu said, “Inspired by
the Prime Minister’s vision of organizing the Global Investors’ Summit in
Gujarat, the J&K Government took a decision of showcasing J&K’s
potential for investment through a summit. The Global Investors’ Meet, with the
theme of EXPLORE, INVEST & GROW, is a platform that will bring together
senior entrepreneurs, leaders of corporate sector from across the country,
senior policymakers, development agencies, investors from across the world and
local businessmen. We intend to take a leap forward in making Jammu and Kashmir
an economic paradise for investors and I would like to invite you all to take
the lead in setting up your enterprises in Jammu & Kashmir”.
He also added,
“Today’s Pre-Summit Investors’ Interaction has been organized to
deliberate with you all on desired initiatives for creating an
investor-friendly ecosystem and make you interested in J&K. I have brought
along senior officers from the Government to discuss these further with you
during the rest of the day”.
Shri B V R
Subrahmanyam, Chief Secretary, Jammu & Kashmir, said, “ Jammu & Kashmir
is little known about the places except what we have seen in the films, it is
quite different what we know. J&K is not a backward place but it has the
brightest and skilled people. J&K is number one in Apple production but we
just process 1% of the produce. Such areas and similarly in many sectors there
are huge opportunities for investments and contributing to growth and
employment in J&K.
further added that the administration of J&K is re-engineering all the
processes and policies to break age old barriers and create progressive eco
system for investors. Easy availability of land through Land bank and smooth
clearances with dedicated teams to attend to investors will be priority of the
Key government officials including all
Administrative secretaries were present and participated in one to one B2G
meeting along with the officers from departments of UT and central ministries.
Many other prominent dignitaries were present at the event.
The event was
organised by Jammu and Kashmir Trade Promotion Organization (JKTPO), a nodal
agency under Industries and Commerce department Government of Jammu and