GUJARAT, Jan 12: Jammu and Kashmir is ready for a huge flood of investment. Lt Governor Manoj Sinha expressed confidence in the favourable reaction from businessmen and said he expects an investment of Rs 2500-3,000 crores in the near future. At the Jammu and Kashmir State Seminar’s Vibrant Gujarat Summit, LG Manoj Sinha thanked Prime Minister Narendra Modi and Home Minister Amit Shah, highlighting the central sector initiative headed by the latter’s vital role. Sinha praised the central government for offering sizeable incentives, indicating a favourable change in Jammu and Kashmir’s investment environment.“Jammu has all of the top educational institutions in the nation,” stated LG Sinha. Not a shortage of competent labour. Exports of handloom goods are rising. The shift will be remembered over the course of four years. Compared to Gujarat, there is less crime. “We shall greet you with a red carpet instead of red tape. Jammu and Kashmir has abundant natural resources and large magnesium deposits. What makes investing in Jammu & Kashmir worthwhile? – beneficial to businesses and offers improved healthcare, he claimed. “After a long time, PM Modi made it conducive to business,” he continued. You’ll make the most money possible and help Jammu and Kashmir remain a part of India.The LG underlined the coordinated efforts to develop a viable environment in the region, intending to attract investors and consolidate Kashmir’s integration with India. LG “Someone will only invest when there is some kind of profit,” Sinha stated.Putting money into Jammu and Kashmir is putting money into India, into the country’s integrity and unity. Sinha expressed hope about the revolutionary changes seen over the last four years while also acknowledging Gujarat’s critical position in India’s growth trajectory and the wounds of the past. Sinha highlighted a recent research that ranked Jammu and Kashmir as the most searched-for destination on the internet, exceeding even Switzerland, and highlighted Prime Minister Modi’s goal for the region.He ascribed this interest to the stable, viable, and peaceful climate created in Jammu and Kashmir, bringing good attention abroad. “We will make it better than Davos,” boasted LG Manoj Sinha, alluding to the renowned Swiss Alps town that hosts the World Economic Forum. He praised Jammu for having world-class educational institutions and underlined the region’s wealth of highly qualified labour. In contrast to Gujarat, Sinha emphasised the favourable economic data, including as rising handloom exports and declining crime rates. He assured investors that Jammu and Kashmir would welcome them with a red carpet, not red tape, promoting a suitable business environment. LG Sinha drew attention to the region’s natural resources, highlighting the possibility for investment by mentioning the finding of substantial magnesium deposits. He gave a summary of the advantages of investing in Jammu and Kashmir, focusing on the region’s economic and healthcare sectors. Answering questions about security, Sinha said, “Jammu and Kashmir is a part of India. In Jammu and Kashmir, terrorism is dying; our neighbours have tried numerous times. The terror ecosystem will be dismantled. We think that creating peace is more important than purchasing it. He reaffirmed his determination to bring about peace rather than buy it and expressed optimism about the region’s future prospects for stability and economic growth.
