India, Feb. 1 -- On January 22, the business tycoon Anil Ambani arrived in Srinagar a day ahead of the prediction of the heavy snowfall and headed to the famous scenic spot Gulmarg. Although nothing is publicly known about the purpose of his visit, the Valley was rife with speculations about the businessman's plans to invest in Kashmir.

Following the revocation of Articles 370 and 35A that barred outsiders from buying land in the Valley, the major corporate houses are expected to set up businesses in the region. Over the last one and a half year, the government has taken measures to attract the corporate sector to invest in Kashmir. In fact, within months after the withdrawal of the J&K autonomy, the local administration started identify...