Since 2016, 6816.25 kanals (852.25 acres) of land has been allotted to 213 non-local investors under the Jammu and Kashmir Industrial Policy 2016-26, and the Jammu and Kashmir Industrial Land Allotment Policy 2021-30.
Most of this land—6408.25 kanals (801.25 acres)—has been allotted in Jammu, while 408 kanals (51 acres) have been allocated to investors in Kashmir.
To boost investment, the government has received 8,532 applications through the single window portal, proposing a total investment of ₹1,69,282.22 crore, with the potential to generate 6,06,203 jobs. These proposals require 80,668.91 kanals (10,083.6 acres) of land by March 2025.
Under the revised Industrial Land Allotment Policy (2021-30), 6505.25 kanals (813 acres) have been allotted to 179 non-local investors. Of this, 6097.25 kanals (762 acres) have been allocated in Jammu, with 5415.25 kanals (676.7 acres) allotted by SIDCO Jammu and 782 kanals (97 acres) by SICOP Jammu.
In Kashmir, 408 kanals (51 acres) have been distributed among eight investors, with SIDCO Kashmir allocating 364 kanals (45.5 acres) and SICOP Kashmir providing 44 kanals (5.5 acres). Investors primarily come from Delhi, Haryana, Punjab, Uttar Pradesh, Maharashtra, Gujarat, Chandigarh, and Himachal Pradesh.
Recognising the need for structured industrial growth, Deputy Chief Minister Surinder Kumar Choudhary highlighted several initiatives in the legislative assembly on 15 March. Among them is the New Central Sector Scheme (NCSS) 2021, a ₹28,400 crore initiative offering tax relief, investment support, and financial incentives. So far, 971 industrial units have been approved under this scheme, attracting ₹10,471 crore in investment and generating 51,897 jobs.
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To further expand industrial capacity, the government is developing 46 new industrial estates, in addition to the 64 existing ones. These estates, to be ready by March 2025, will provide space for more businesses and employment opportunities. Additionally, land has been identified for 15,994 additional industrial plots to support future expansion.
In 2023-24, investments worth ₹3,389 crore created 1,46,317 new jobs, a 57 per cent increase from the previous year. In 2024-25, 381 new units began operations, bringing in ₹3,887 crore and creating 10,715 jobs.
Over the last five years, 2,031 industrial units have become operational, attracting ₹10,516 crore in investment and generating 65,982 jobs.
With strategic policies, financial incentives, and expanding industrial estates, Jammu and Kashmir is emerging as a key investment hub, driving economic growth and job creation.
