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Home CITY & TOWNS

FCIK mourns demise of young entrepreneur Riyaz Ahmad Wani

Rising stress in industry taking a heavy toll, says industrial fraternity

KI News by KI News
May 11, 2026
in CITY & TOWNS, LOCAL
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SRINAGAR: The industrial fraternity across Kashmir under the aegis of the Federation of Chambers of Industries Kashmir (FCIK) has expressed deep grief over the sudden demise of young entrepreneur Riyaz Ahmad Wani, who passed away following a cardiac arrest.

In his forties, Riyaz Ahmad Wani was the driving force behind Habco Industries at Industrial Estate Rangreth.

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Known for his hard work, humility and vision, he had earned the affection and respect of the industrial community. His sudden passing has left fellow entrepreneurs shocked and deeply saddened.

A condolence delegation from FCIK led by Shahid Kamili visited the bereaved family to express solidarity, while a large number of entrepreneurs joined the congregational Fateh on Sunday to pray for eternal peace to the departed soul.

Former Presidents of Federation of Chambers of Industries Kashmir — Meraj Qureshi, Shakeel Qalander, Zahoor Ahmad Bhat, Mohammad Ashraf Mir, Mukhtar Yousuf and others — were among hundreds of entrepreneurs who paid heartfelt tributes and prayed for eternal peace to the deceased.

Industry leaders said Riyaz Ahmad Wani’s passing has once again brought into sharp focus the silent burden being carried by entrepreneurs in Kashmir.

“Mounting uncertainties, financial strain, shrinking margins and an increasingly fragile business environment are taking a heavy human toll,” they observed, adding that the loss of yet another young entrepreneur is a painful reminder that stress in industry is no longer merely an economic issue but is taking lives.

The Association of Industrialists Rangreth also held a condolence meeting under the chairmanship of Dawood Ahmad to pay rich tributes to the departed soul and express solidarity with the bereaved family.

The meeting remembered Riyaz Ahmad Wani as a warm-hearted friend, a respected industrialist and a noble human being whose kindness and services touched many lives.

 

 

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Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

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