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*Youth in thousands will get jobs
*Rs. 8500 Cr private investment in J&K
*Taj Hotel will set up a Hotel Management Institute
*Tata Consultancy services to establish software centre
A group of the captains of various industrial houses met Chief Minister (CM) and committed to invest Rs 8500 crores in the sectors of Power, Road connectivity, Tourism, heavy Engineering, Agro Industries, Financial services etc. Welcoming the investors to launch their ventures in the State, Chief Minister said that government will provide every facility for the purpose. “The situation is conducive and stage set to invest in Jammu and Kashmir”, he said and added that launch of projects in the State would not only prove commercially beneficial for the industrialists but help the State to give fillip to the economic activities and create jobs for the youth in the private sector. “Ours is a hospitable area, people are enthusiastic and youth highly talented to make the ventures a success”, he said. The efforts of Chief Minister Omar Abdullah to rope in big industrial houses to invest in the State for giving substantial boost to the economic activities and generating employment for thousands of the skilled and educated youth directly and indirectly, have started bearing fruits. Omar said that his government is keen to create the industrial temperament in the state and encourage private sector to a greater extent to bring about a revolution in the industrial sector. “You have to think positively and spend in Jammu and Kashmir in a big way”, he said and told the industrialists to help the Government in making Jammu and Kashmir a prominent centre of industrial activities. “Our agriculture and allied sectors promise greater opportunities for the industrialists to invest”, Omar said. The industrialists reposing faith in the able leadership of Omar Abdullah said that they are confident that their efforts for launching industrial projects in the State would yield positive results for the benefits of both the state and the investors. The Managing Director Taj Hotel Krishan Kumar promised that Taj Hotel will set up a hotel management Institute while as a software centre of Tata Consultancy services to develop projects for national and international markets will also be established in the State.
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