Industrial investments
Recently LG Manoj Sinha addressed the inaugural ceremony of the industrial unit of Bloomtex Industries Private Limited.
He highlighted the investments received in both Jammu and Kashmir divisions in the industrial sector. More than Rs 90,000 cr investment proposals were received in the last few years and Rs 14,000 cr worth investments are being implemented on the ground.
He congratulated the Bloomtex Industries for starting the production within one year.
He reiterated the commitment of the UT administration to provide a vibrant environment for the growth of the industrial sector in Jammu Kashmir.
He said that progressive reforms for ease of doing business, revolutionary new industrial development scheme, transparent land allotment policy, best incentives, ROI, affordable electricity for units and low crime rate have made J&K the preferred destination for the investors.
“Progressive reforms for ease of doing business, revolutionary new industrial development scheme, transparent land allotment policy, best Incentives, Return On Investment (ROI), affordable electricity for units and low crime rate have made J&K the preferred destination for the investors,” he said.
Directors and office bearers of Bloomtex Industries Private Limited and industrialists from different parts of the country were present.
