Updated on May 27, 2020 13:17:05


Abrogation of Article 370: J&K admin starts parleys with Tata, Birlas, Ambani group for investments in State

Governor Malik in constant touch with top business tycoons of India, will change development map of J&K, says Rajbhavan official

Web Admin

Web Admin

5 Dariya News

Srinagar , 29 Aug 2019

Governor Satya Pal Malik today revealed that a team under him is with the constant touch with the top business tycoons like Tata, Birlas and Ambani group for making huge investments in Jammu and Kashmir so that the State reaps the dividends of integration with the Union of India.A top official at the Rajbhavan told Kashmir News Observer (KNO)  said that Governor Malik is in a constant touch with the Central team that are working out modalities with the Tata, Birlas and Ambani’s for making huge investments in all three regions of the State.“Mission is that the all three regions of the State are going to reap the benefits of scraping of Article 370. As already stated by the Governor, the two Union Territories of J&K-Ladakh and J&K will flourish and progress on all fronts and the other part of Kashmir which is under Pakistan will even dream of the development that this part will witness,” the official told KNO. He said deliberations are on with the representatives of Tata, Birla, Ambani and also other tycoons of business and industry across India for opening new ventures in Kashmir, Jammu and Ladakh that would change the development map of the two UTs. 

“We expect that these groups will set up big industries, companies, ventures that will also give chances to the local youth to get jobs against handsome salaries,” the official revealed to KNO.He said to begin with Tata and Birla group will construct large scale industries in South and North Kashmir areas and then in Srinagar after proper land acquisition and other formalities. “I reiterate that there will be no outside pressure that would change the state’s identity and ethos as already stated by the Governor Malik,” the official claimed.He said that a Central team is working on this front which is under constant touch of Governor Malik. “We are hopeful to see massive opening of ventures in Kashmir first then in Jammu and Ladakh UT as well,” the official said. It is pertinent to mention that on August 5, Centre revoked the Article 370 and also bifurcated the State into two Union Territories (UTs) amid unprecedented clampdown and snapping of all the communication system including mobile phone internet, services and land landlines as well.(KNO)


Tags: Khas Khabar



related news



Photo Gallery



Video Gallery