Jammu and Kashmir, often called the "Paradise on Earth," is entering a new era of development that promises to elevate the region on a global scale. The strides being made under the visionary leadership of Prime Minister Shri Narendra Modi are transforming the region into not just a tourist hub, but also an attractive destination for industrial and business investments.

With the unveiling of the Jammu and Kashmir Industry Policy, an investor-friendly environment has been crafted. This policy has already brought in investment proposals worth Rs 52,000 crore within just a year—a staggering leap from the Rs 15,000 crore the region attracted in the past 75 years. Notably, international collaborations, including partnerships with the Dubai government, are fuelling this momentum, and over Rs 36,000 crore worth of industrial land has been made available for development.

The investment influx is particularly robust in healthcare, with finalized proposals amounting to Rs 5,000 crore that will develop 6,000 beds and 1,000 medical centers. Global giants such as Lulu and DP World are among the key players involved. Furthermore, the government has streamlined processes, offering more than 200 online services under the "Ease of Living" initiative and reducing over 15,000 compliance hurdles.

Jammu and Kashmir's transformation is not limited to industry alone; it is also expanding in infrastructure and healthcare. For instance, the UAE's EMAAR Group is set to construct a multi-purpose tower in Jammu, and a Rs 250 crore mall is planned for Srinagar in collaboration with the Look Group. Major investments in healthcare will see the establishment of a 500-bed Apollo Hospital in Jammu.

These initiatives mark a new chapter for Jammu and Kashmir, positioning it as an emerging investment hub while maintaining its reputation as a land of natural beauty. The symbolic handover of land allotment letters by the Honorable Prime Minister will further cement this progress, with aspirations to meet a target of Rs 75,000 crore in investments by the year's end. This blend of tradition, natural charm, and modern development sets the stage for Jammu and Kashmir to shine as a global beacon of progress and opportunity.

#development #pmmodi #jammuandkashmir

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