In Jammu and Kashmir, the Government has transferred 500 kanals of land to the Industries & Commerce Department for setting up five industrial parks across four tehsils in Jammu district.
This was revealed in a written reply by Minister for Industries & Commerce, Surinder Choudhary, in response to an unstarred Assembly question raised by Jammu North MLA Sham Lal Sharma during the ongoing Budget Session of the Legislative Assembly.
The identified land has been earmarked for five industrial estates in Akhnoor, R.S. Pura, Deeli, and Jammu tehsils.
The proposed industrial parks are expected to generate significant employment opportunities as these projects are set to create 2074 job opportunities. A total of 41 investors have registered for these industrial estates.
The primary funding source for these projects is SIDBI (Small Industries Development Bank of India), which is providing loans.
