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Business
J&K Cabinet approves two industrial estates worth ₹162.72 crore
✍️ Kashmir Indepth
🗓 30 Oct 2026, 09:17 PM
👁 13
The Jammu and Kashmir cabinet has sanctioned the creation of two new industrial estates with a combined investment of 162.72 crore rupees.
The state cabinet of Jammu and Kashmir gave its approval for the establishment of two industrial estates, allocating a total outlay of 162.72 crore rupees. The decision, announced in a recent cabinet meeting, is part of the government's effort to attract investment and generate employment in the region.
The approved projects are expected to provide modern infrastructure for manufacturing and ancillary units, thereby strengthening the state's industrial base. Officials said the estates will be developed on government-owned land and will be equipped with utilities such as power, water and road connectivity.
The investment is projected to create several thousand jobs over the next few years, according to the state’s industrial development department. The cabinet also directed relevant agencies to expedite land acquisition and clearances to ensure timely implementation.
The move aligns with broader policy initiatives aimed at boosting economic activity in Jammu and Kashmir, which has been a focus of recent development plans.
Further details on the exact locations and timelines will be released by the state’s Industries Department in the coming weeks.
The approved projects are expected to provide modern infrastructure for manufacturing and ancillary units, thereby strengthening the state's industrial base. Officials said the estates will be developed on government-owned land and will be equipped with utilities such as power, water and road connectivity.
The investment is projected to create several thousand jobs over the next few years, according to the state’s industrial development department. The cabinet also directed relevant agencies to expedite land acquisition and clearances to ensure timely implementation.
The move aligns with broader policy initiatives aimed at boosting economic activity in Jammu and Kashmir, which has been a focus of recent development plans.
Further details on the exact locations and timelines will be released by the state’s Industries Department in the coming weeks.