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Home BUSINESS

Vikramjit Singh chairs Investor Facilitation Meet of JKTPO

Images News Netwok by Images News Netwok
January 8, 2024
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Vikramjit Singh chairs Investor Facilitation Meet of JKTPO
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JAMMU: Commissioner Secretary, Industries & Commerce, Vikramjit Singh, today chaired an Investor Facilitation Meet at Udhyog Bhawan here to address the issues and concerns of the industries to whom land has already been allotted by the Government.

The agenda of the meeting was to resolve the issues and concerns of the industrialists and to ensure that their projects start production at the earliest.

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The Investor Facilitation Meet was organised by the Jammu & Kashmir Trade Promotion Organization (JKTPO) for Investors in both the Divisions of J&K, and this is the eighth meeting since March 2023.

The primary objective of the meeting was to engage with industries that have been allocated the land to understand their challenges, and collaboratively devise effective solutions to accelerate the commencement of operations. It is important to note that 169 units with an investment of Rs 7,096 crore have been allotted land in different industrial estates and are setting up their units at various stages. More than 60 Industrialists from both divisions participated in this meeting. Some of the investors also joined the meeting virtually.

The Commissioner Secretary appreciated JKTPO for hosting such sessions saying: “The focus of the Government is to continue the interface with those investors who have commenced the work on the ground and facilitated the resolution of their issues to enable commencement of commercial production.”

Vikramjit Singh, during the session, had a one-to-one discussion with investors regarding the issues faced by them in different areas such as land, power supply, change of land use, availing incentives & subsidies, infrastructure development, etc.

The meeting was attended by Khalid Jahangir, Managing Director, JKTPO, Inderjeet, Managing Director, SIDCO/SICOP, Arun Kumar Manhas, Director, Industries& Commerce Department, Jammu, Khalid Majeed, Director of Industries & Commerce Department, Kashmir, Imran Mehmood, FA/CAO, JKTPO and Megha Baogia, General Manager, JKTPO.

The Commissioner Secretary noted the grievances projected by the participants and assured that necessary support would be provided to the industries for smooth and hassle-free operations.

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