📷 Image: Wikimedia Commons / Rajani Gairshail
Business
Jammu & Kashmir Approaches Final Draft of New Industrial Policy
✍️ Kashmir Observer
🗓 08 Oct 2026, 09:31 AM
👁 15
The Jammu & Kashmir government is in the final stages of formulating a new industrial policy aimed at boosting local manufacturing and investment.
The government of Jammu & Kashmir has announced that a new industrial policy is in its final stages of preparation. The policy is intended to create a more conducive environment for businesses and attract investment to the state.
Key provisions are expected to include streamlined approval processes, incentives for setting up manufacturing units, and support for technology adoption. The policy aims to address the challenges faced by local entrepreneurs.
Officials say the policy will be presented to the state assembly for approval in the coming weeks. Once enacted, it will replace the existing framework and align Jammu & Kashmir with national industrial development goals.
The final draft is being reviewed by the cabinet and industry stakeholders to ensure it meets the needs of the state's economic landscape.
Key provisions are expected to include streamlined approval processes, incentives for setting up manufacturing units, and support for technology adoption. The policy aims to address the challenges faced by local entrepreneurs.
Officials say the policy will be presented to the state assembly for approval in the coming weeks. Once enacted, it will replace the existing framework and align Jammu & Kashmir with national industrial development goals.
The final draft is being reviewed by the cabinet and industry stakeholders to ensure it meets the needs of the state's economic landscape.