7 New Industrial Estates Coming to J&K, Covering 5290 Kanals, Check Locations

Jammu, Feb 23 (WD): The Administrative Council (AC), chaired by Lieutenant Governor Manoj Sinha, has approved the development of seven new Industrial Estates in the UT of Jammu and Kashmir, spanning over 5290 kanals of land, at a cost of Rs. 304.51 Crores. Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor, along with Atal Dulloo, Chief Secretary, and Mandeep Kumar Bhandari, Principal Secretary to Lieutenant Governor, convened for the meeting.

Wattandaily.com reveals that these seven new Industrial Estates hold a promising investment potential of Rs. 8700.16 Crores, creating employment opportunities for approximately 28376 individuals. The estates are strategically located at Banderpora Budgam, Sempora Medicity Srinagar, Bhagthali Kathua, Karandi Samba, Trenz Shopian, Hariparigam Tral Pulwama, and Khunmoh Pantha Chowk Srinagar.

In Banderpora Budgam, a new Industrial Estate spanning 64 kanals of State Land will be developed at an estimated cost of Rs. 22.74 crore by IRCON, fostering investments worth Rs. 78.12 Crore and generating 735 employments, as reported by  Wattan Daily.

Wattandaily.com further highlights that the new Industrial Estate at Sempora Medicity, Srinagar, covering 517 kanals of State land, will be developed at an estimated cost of Rs. 22.60 crore by IRCON, attracting an investment of Rs. 1825.45 Crore and providing employment for approximately 11643 individuals.

In Bhagthali, Kathua, a new Industrial Estate spanning 2949 kanals of State Land is set to be developed at an estimated cost of Rs. 83.13 Crore by NBCC. The estate is projected to attract investments worth Rs. 4599.89 crore, with employment potential for around 8278 individuals, wattan Daily reveals.

Wattandaily.com continues to shed light on the new Industrial Estate at Karandi, Samba, covering 460 kanals of State/Private land, which will be developed at an estimated cost of Rs. 34.45 Crores by NBCC. The estate is expected to attract investments totaling Rs. 756.89 crore and create employment for approximately 3965 individuals.

Moreover Wattan Daily reports on the new Industrial Estate at Trenz, Shopian, spanning 500 kanals of State land, to be developed at an estimated cost of Rs. 68.06 crores by NBCC. The estate is poised to attract investments worth Rs. 850 crore, providing employment for around 900 individuals.

Additionally, wattandaily.com reveals plans for a new Industrial Estate at Hariparigam Tral Pulwama, covering 200 kanals of land, to be developed at an estimated cost of Rs. 28.17 Crores by NBCC. The estate is projected to attract investments totaling Rs. 124.81 crore and generate employment for around 2500 individuals.

Concluding the report, wattandaily.com brings attention to the new Industrial Estate at Khunmoh, Pantha Chowk Srinagar, encompassing 600 kanals of land, to be developed at an estimated cost of Rs. 45.36 Crores by IRCON. The estate is expected to attract investments worth Rs. 465 crore, offering employment opportunities for approximately 355 individuals.