Jammu & Kashmir Signs Over Rs 2,100 Crore Mous During Investment Summit Roadshow In Mumbai

Mumbai: The newly formed union territory of Jammu and Kashmir on Friday inked Memorandums of Understanding (MoUs) worth over Rs 2,100 crore during its investment summit roadshow in the city here. “We want to maximise industrial growth and employment opportunities in Jammu and Kashmir. For this, we are engaged in six city roadshows. Of this, we have already successfully concluded in Bengaluru, Kolkata and Mumbai,” Jammu and Kashmir Principal Secretary Planning, Development and Monitoring Rohit Kansal told reporters here at an investor roadshow organised by CII. “The roadshows will further cover cities like Hyderabad, Chennai, Ahmedabad in February and March,” he said.

Led by Lieutenant Governor Girish Chandra Murmu, the officials pitched about the business possibilities in Kashmir valley to India Inc. Kansal said the union territory has signed around Rs 2,000 crore worth of non-binding MoUs in Kolkata, Rs 850 crore in Bengaluru and over Rs 2,100 crore in Mumbai. J&K has identified 14 sectors, including horticulture, food processing, manufacturing, infrastructure, media and entertainment, film and tourism, to attract investments.

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