The Jammu Kashmir administration has approved the setting up of seven new industrial estates at a cost of Rs 304.51 crore, a DIPR statement said.
The estimated investment in these industrial estates, spread over 5,290 kanal across six districts, is Rs 8,700.16 crore with employment potential of 28376 persons.
The Administrative Council (AC) which met under the chairmanship of Lieutenant Governor, Manoj Sinha, accorded administrative approval for the development new Industrial Estates in the UT of JK.
The new Industrial Estates are situated at Banderpora Budgam, Sempora Medicity, Srinagar, Bhagthali, Kathua, Karandi, Samba, Trenz, Shopian, Hariparigam Tral Pulwama and Khunmoh, Pantha Chowk Srinagar.
New Industrial Estate Banderpora Budgam involving 64 kanals of State Land shall be developed at an estimated cost of Rs 22.74 crore by IRCON.
The Project would attract investment to the extent of Rs 78.12 Crore and generate 735 employments. New Industrial Estate at Sempora Medicity, Srinagar involving 517 kanals of State land shall be developed at an estimated cost of Rs 22.60 crore by IRCON. The Project would attract an investment of Rs 1825.45 Crore and has employment generation potential of around 11643 (approx.)
New Industrial Estate at Bhagthali, Kathua involving 2949 kanals of State Land shall be developed at an estimated cost of Rs 83.13 Crore by NBCC.
The Project will attract investment of Rs 4599.89 crore and has employment potential of around 8278 (approx.) New Industrial Estate at Karandi, Samba involving 460 kanals of State/Private land shall be developed at an estimated cost of Rs 34.45 Crores by NBCC.
The Project will attract investment of Rs 756.89 crore has employment potential of around 3965 (approx.).
The new Industrial Estate at Trenz, Shopian involving 500 kanals of State land shall be developed at an estimated cost of Rs 68.06 crores by NBCC. The Project will attract investment of Rs 850 crore has employment potential of around 900 (approx.)
New Industrial Estate at Hariparigam Tral Pulwama involving of 200 kanals of land shall be developed at an estimated cost of Rs 28.17 Crores by NBCC. The Project will attract investment of Rs 124.81 crore and has employment potential of around 2500 (approx.).
New Industrial Estate at Khunmoh, Pantha Chowk Srinagar involving 600 kanals of land shall be developed at an estimated cost of Rs 45.36 Crores by IRCON.
The Project will attract investment of Rs.465 crore and has employment potential of around 355 (approx.) Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor; Atal Dulloo, Chief Secretary; Mandeep Kumar Bhandari, Principal Secretary to Lieutenant Governor attended the meeting.