The meeting gives J-K an opportunity to showcase its strengths, strategies and capabilities, Secretary of State (Industries) Naveen Chaudhary told
It will also help allay fears and apprehensions in the minds of trade and business community outside the state
The announcement came a week after the Center abolished the special status of Jammu and Kashmir under Article 370 of the Constitution. Among the reasons cited, this provision limited the state’s industrial growth and development.
The Confederation of Indian Industries (CII) will be the national partner for the Investor Conference. The Jammu and Kashmir Trade Promotion Organization (JKTPO) and CII have signed a memorandum of understanding for the organization and management of the event, the official said.
He said that commercial and industry organizations are aware of the business-friendly policies of government, infrastructure, natural resources, raw materials and expertise, as well as assessing unskilled manpower and identifying business opportunities in the state.
He said it would provide enormous opportunities to build relationships between state and business communities and between local and outside business communities.
With effect from 31st October, Jammu and Kashmir will be divided into two Union Territories, Jammu and Kashmir and Ladakh, as a bill in this regard has been passed by the Parliament and approved by the President
*From Various Sources