Srinagar, March 7 -- As many as 1984industrial units with an investment of Rs.9,606.46 crore have been set up in Jammu and Kashmir since 2019.

According to the Economic Survey, these units have created employment for 63,710 persons.

Notably, in the 2024-25 financial year, 334 new units have been operationalized, contributing an investment of Rs.2,977 crore and providing jobs for 8,443 people, the economic survey revealed.

A key driver of this growth, according to the Economic Survey, is the New Central Sector Scheme (NCSS), launched by the Center in 2021 with an outlay of Rs.28,400 crore aimed at boosting industrial development in J&K.

The comprehensive package, which includes incentives such as Capital Investment Incentive, Capital I...