Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 13/05/2022 Mosquito Repellant Mats

The Jammu and Kashmir government has launched an ambitious project targeted to revolutionise the food processing sector and transform the lives of farmers in the UT. The "UT Level Food Processing Programme for Development of Clusters for Specific Products of J&K" is a Rs 879.75 crore initiative that aims to maximise farmer income and minimise post-harvest losses.

Tata Motors and Chalo Mobility has entered into a strategic collaboration to provide the twin capital cities of Jammu and Kashmir with a fleet of 200 electric buses. The collaboration is aimed to establish an environmentally, socially and financially sustainable network of public transport in the union territory.

Patel Engineering has announced that it has bagged a Rs. 2,461 crore contract for the works of construction of diversion tunnel, concrete gravity dam, intake, pressure shafts, underground power house & tailrace tunnel (Lot 1) for Kwar HE Project in District Kishtwar, J & K, India (Kwar HE Project).

Sutlej Textiles and Industries will set up a green field project for 89,184 spindles comprising of cotton mélange yarn and PC grey yarn along with dye house in Jammu & Kashmir in India at an estimated cost of Rs 914 crore, which will be implemented around Q4 FY 2025.

Prime Minister Narendra Modi launched industrial development proposals worth Rs 38,082 crore. More than four lakh direct-indirect employment opportunities will be generated in different sectors.

The Jammu and Kashmir Administration inked a Memorandum of Understanding (MoU) with the National Highways Logistics Management Limited (NHLML) for the development of ropeway networks, as an alternate solution of mobility, to improve connectivity to remote habitations on higher reaches.

JSW Steel and Apollo Hospitals became the first major corporations to buy land in Jammu and Kashmir after the scrapping of Article 370 in 2019 to set up their units in the region.

The Cabinet Committee on Economic Affairs approved the investment of Rs 4,526.12 crore for the 540 MW Kwar Hydro-electric project located on Chenab River in Jammu & Kashmirs Kishtwar district.