Srinagar- Calling for proactive steps to increase number of private industrial estates in the Union Territory, the Lieutenant Governor, Manoj Sinha on Wednesday directed officials to push for greater private investment in inland ports, container depots, and food processing units in order to scale up further infrastructure

Sinha passed these directions while chairing a high-level meeting with senior officials to review the status of Industrial Investment and to discuss strategies on boosting investments in a fast-track mode, an official spokesperson said Wednesday.

The LG was briefed on investment in different sectors, status of Land allotment, new Industrial estates, recent steps taken by the Department to fast-track grounding investment, policy initiatives, promoting start-ups among youth especially technology based and scalable startups and achievements in exports of major products like carpets, papier mache, shawls, chain stitch.

The LG directed for proactive steps to increase private industrial estates equipped with necessary infrastructure.

Emphasising that the women-led enterprises will shape the future of J&K, Sinha said we must ensure their increasing presence in the economy and designate more exclusive industrial estates for women entrepreneurs like the one established in Udhampur to facilitate women-run businesses and startups.

He also underscored that 2023 will be the year of Agro-Industrial revolution powered by the Holistic Agriculture Development Plan (HADP) and increased production in Agriculture & Allied Sectors that will offer vast opportunities to agro-industries.

In the meeting, the LG directed the officials that the potential of new cold storage, cold chains must be tapped to ensure rapid economic growth flows to rural areas of UT.

In order to scale up further infrastructure, the LG directed officials to push for greater private investment in inland ports, container depots, food processing units.

Directions were also issued to develop a mechanism for regular meetings with representatives of old industrial estates to resolve their issues.

Highlighting that GI Tagging has offered enormous potential to transform the handicraft sector and to boost export, Sinha said authenticity of products like Pashmina must be ensured for export.

The LG directed the concerned officials to accelerate the development of basic amenities like connectivity, power and water facilities in the new Industrial estates.

He also called for replicating the best models of Industrial Estates developed in other parts of the country.

Chief Secretary Dr Arun Kumar Mehta, Principal Secretary to LG Dr Mandeep Kumar Bhandari, Financial Commissioner Revenue Shaleen Kabra, Principal Secretary, Forest Department Dheeraj Gupta, Principal Secretary, Finance Department Santosh Dattatreya Vaidya, Commissioner /Secretary, Industries & Commerce Department Vikramjit Singh, Principal Secretary, Power Development Department H. Rajesh Prasad and senior officers attended the meeting.

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