Amid Article 370 tensions, Kashmir Valley to host investors summit on October

The state government will also celebrate Independence Day in a grand manner, especially in Kashmir to send across a message that “all is normal” in the Valley.

Published: 14th August 2019 05:11 AM  |   Last Updated: 14th August 2019 09:33 AM   |  A+A-

Kashmir_Security_Crisis

A CRPF jawan stands guard in Kashmir. (File Photo | PTI)

Express News Service

SRINAGAR: Amid the clampdown and tension in Kashmir, the state administration said here Tuesday that a three-day global investor summit would be hosted from October 12 to attract businesses to Jammu and Kashmir.

The Confederation of Indian Industries (CII) will be the national partner for the investors meet.

An MoU has been signed by Jammu and Kashmir Trade Promotion Organisation and CII for organisation and management of the event.

Principal Secretary (Industries), Naveen Choudhary said the meet will provide J-K an opportunity to showcase its strengths, strategies and potential and also help allay fears and apprehensions in the minds of the trade and business community outside the state.

The announcement comes a week after the Centre scrapped special status to Jammu and Kashmir under Article 370 of the Constitution, citing, among other reasons, how it had restricted the state’s industrial growth and development.

“The global meet will help trade and industry organisations to know firsthand about the business-friendly policies of the government, assess infrastructure, natural resources, raw material and skill and un-skilled manpower available and identify business opportunities in the state,” Choudhary said.

He said, “It will present immense opportunities to develop contacts between the state and business community and between local and outside business communities”.

Principal Secretary and state government spokesperson Rohit Kansal said the summit will be grand event and it is for the first time that a global investment meet is being held in J&K. 

The state government will also celebrate Independence Day in a grand manner, especially in Kashmir to send across a message that “all is normal” in the Valley.

“We are all to celebrate August 15 in a befitting and grand manner,” Kansal said at a press briefing. All districts smoothly conducted full dress rehearsals, he added.

Meanwhile, a fragile and uneasy peace prevailed in Kashmir and parts of Jammu region as security restrictions and communication blockade continued for the ninth consecutive day.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp