Anticipating a substantial boost in investments, Lieutenant Governor (LG) Manoj Sinha revealed confidence in the positive response from industrialists, projecting an investment ranging from Rs 2500-3,000 crores in the near future.
Addressing the Jammu and Kashmir State Seminar at the Vibrant Gujarat Summit, LG Sinha expressed gratitude to Prime Minister Narendra Modi and Home Minister Amit Shah, highlighting the pivotal role of Amit Shah’s central sector scheme.
Commending the central government for providing significant incentives, LG Sinha applauded the positive shift in the investment climate for Jammu and Kashmir.
Sinha emphasized, “Jammu houses premier educational institutions, boasts abundant skilled manpower, and witnesses an increasing handloom export. The past four years mark a transformative period, with crime rates lower than Gujarat.”
He assured potential investors, stating, “We extend a red carpet welcome, not bureaucratic red tape. Jammu and Kashmir possess large magnesium deposits and abundant natural resources. Investing here is not only good for business but also enhances healthcare facilities.”
Further asserting Prime Minister Modi’s conducive business environment, Sinha declared, “Investing in Jammu and Kashmir means investing in India, contributing to the unity and integrity of our nation.”
Highlighting efforts to create an attractive investment environment, LG Sinha stressed the commitment to solidify Kashmir’s integration with India.
Citing a recent report positioning Jammu and Kashmir as the most searched online destination, surpassing Switzerland, Sinha attributed the interest to the stable and peaceful environment in the region, garnering global attention.
Expressing optimism, LG Manoj Sinha stated, “We aspire to surpass Davos,” referring to the renowned town in the Swiss Alps that hosts the World Economic Forum.
Lauding Jammu for hosting premier educational institutions and emphasizing the abundance of skilled manpower, Sinha underscored positive economic indicators, including rising handloom exports and reduced crime rates compared to Gujarat.
Assuring investors of a red carpet welcome, LG Sinha drew attention to the discovery of large magnesium deposits, highlighting the investment potential in the region.
He outlined the reasons to invest in Jammu and Kashmir, emphasizing its benefits for business and healthcare.
Addressing security concerns, Sinha stated, “Jammu and Kashmir is an integral part of India. Terrorism is on its last breath here; our neighbors have attempted many times. The terror ecosystem will be demolished. We believe in establishing peace, not buying it.”
