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Leading industrialists  Mushtaq Ahmad Chaya and Zahoor Ahmad Tramboo have been re-appointed as chairman and co-chairman of Kashmir chapter of PHD Chamber , while Baldev Singh Raina  has been inducted as the additional co-chairman of the Kashmir chapter of the PHD Chamber of Commerce and Industry after Anil Khaitan  became the president and Rajeev Talwar became the senior vice president of the chamber.

Chaya heads the Radisson (Grand Mumtaz Group of Hotels) and Malls. Tramboo owns the Hotel Shahansha Palace and Tramboo Enterprises Pvt. Ltd.  Baldev Singh Raina is a young entrepreneur of Jammu and Kashmir. An engineering graduate from Karnataka University with business management course form IIM Bangalore and has diversified business.