“Gujarati businessmen are successful worldwide and they should also explore the vast investment opportunities in Jammu & Kashmir.” This is what the former IAS officer and Lieutenant Governor of Jammu and Kashmir, Girish Chandra Murmu, on Monday, said while inviting Gujarati entrepreneurs to invest in the newly-created Union Territory. He was addressing businessmen at a roadshow in Ahmedabad ahead of the J&K Global Investors’ Summit which will be held in April this year. Five such roadshows have already been held in Bengaluru, Kolkata, Mumbai, Hyderabad, and Chennai.

According to the existing industrial policy, no businesses can own land in J&K but the new policy in the making is expected to change the business landscape.

While inviting he underlined that several old entry barriers had been removed. Reportedly, several top Gujarati business houses namely; Amul, Adani, Suzlon, Rasna, Cadila, Ambuja Group, Abellon Clean Energy and many others participated in the interaction with the LG.