In order to cope up with the growing demand of Industrial land, the Union Territory administration in Jammu & Kashmir is focusing on developing 7 new industrial estates in the districts of Jammu division.
The main focus is on the promotion and Development of Industries to encourage new investments in Jammu Division and sustain existing ones.
At present there are 24 industrial estates in Jammu division, 19 managed by J&K Small Scale Industries Development Corporation Limited (SICOP) and 5 by Jammu & Kashmir State Industrial Development Corporation (SIDCO).
To set up new units in these industrial estates, 521 entrepreneurs, including 406 of SIDCO and 115 of SICOP, proposing 44150 jobs, have been allotted 4647 Kanals.
Divisional Commissioner, Jammu Ramesh Kumar Tuesday reviewed the implementation of various schemes and programmes of Industries and Commerce Department.
During the meeting the officers informed the Divisional Commissioner that 182 units including 164 in organised sector and 18 in unorganized sector were registered during the current financial year 2022-23 ending 07/ 2022, generating 2006 jobs.
Reviewing performance under the Prime Minister Employment Generation Programme (PMEGP), it was informed that 1619 cases have been forwarded to banks in the current financial year ending July 2022 by all the DICs of the division.
A total number of 13550 units including 2397 organised sector and 11153 un-organized sector units have been registered with the department with a potential to generate employment for 87678 persons.
Director Industries and Commerce Department, Anoo Malhotra; Managing Director SIDCO, Samita Sethi; Deputy Director Planning, Munish Dutta; besides General Managers of District Industries Centres were present in the meeting.
The Director Industries gave a powerpoint presentation and apprised the Div Com that the department acts as the nodal agency for development of industrial sector and to implement Central and UT industrial policies through District Industrial Centres (DICs) and facilitates entrepreneurs in setting-up and running their industrial units.
The Div Com also took stock of the land acquisition issues for new Industrial Estates. He asked the Industries department to take up the matter with the concerned Deputy Commissioners for timely acquisition and demarcation of land for newly developed industries estates.