Rs 4000 Cr Invested In 3 Yrs In JK: Slathia23 November 2011
Jammu: Jammu and Kashmir has attracted investments to the tune Rs 4,000 crore in sectors like pharma and cement in last three years, State Minister for Commerce and Industry Surjeet Singh Salathia said here. 'In the last two-three years, we have an investment of Rs 4,000 crore. We have pharma industries, other industries coming in,' Salathia said last evening after inaugurating the Jammu and Kashmir pavilion at the India International Trade Fair (IITF). Stating that Jammu and Kashmir offers various incentives to investors, the minister invited more investments from other states and private entrepreneurs. 'The Jammu and Kashmir government gives many incentives for investors who want to set up business here,' Salathia said. He added that the increase in tourist traffic to the state was an indictor of normalcy restoring in the state. At the Kashmir pavilion, Kashmir's paper machie, metal work and paintings were exhibited. The minister said these were internationally recognised.