J&K offers investors partnership in profitable growth: LG tells industrialists

New Delhi, Nov 21: Lieutenant Governor Manoj Sinha Tuesday said that Jammu and Kashmir offer investors endless possibilities and a partnership in strong profitable growth.

An official spokesman in a statement issued here said that addressing the Engineering Export Promotion Council of India (EEPC India) National Export Awards function in New Delhi and felicitating the recipients of the prestigious awards for fiscal years 2019-20 and 2020-21, the LG said, “J&K is offering investors endless possibility and a partnership in strong profitable growth. If you are looking at the big picture and are ready to capture a new segment, then J&K is your new destination.”

He shared the efforts of the J&K administration to optimise the immense potential of the business and industry sector in J&K.

“I invite the industry captains to experience the urban transformation happening in our cities like Srinagar and Jammu and invest in J&K. This will also be your contribution to strengthen the nation’s unity. I assure every support and assistance from the J&K administration,” Sinha said.

“Now, we have a favourable environment, connectivity, young talent, an improved security scenario and all infrastructure for industrial growth,” he said.

The LG congratulated the award winners of the 52nd and 53rd EEPC India National Export Awards and expressed hope that their achievements would inspire others for sustained excellence in engineering goods export in the years ahead.

“India is a global bright spot under the leadership of Prime Minister Narendra Modi and today we are not only contributing to global growth but also accelerating our economic progress,” he said.

Sinha said that the emergence of ‘engineering goods’ as one of the major contributors to export growth and its 7.2 percent growth in comparison to the previous year, shows the relentless efforts of dynamic entrepreneurs and EEPC India to promote ‘Make in India’ and to establish capability across the globe.

He called upon the industry leaders, EEPC India, and other stakeholders to create new opportunities for businesses in engineering goods and services.

“Our inclusive vision will not only bring prosperity but it will also ensure that new technology and innovations contribute to efficiency and productivity and also focus on equitable and sustainable growth for ‘Viksit Bharat,’” the LG said “I am fully confident about the ability of the engineering sector to translate India's dreams into reality.”

Chairman EEPC India, Arun Kumar Garodia; Vice Chairman, EEPC India, Pankaj Chadha; Regional Chairman, Northern Region, EEPC India, Pradeep Kumar Aggarwal; Executive Director Suranjan Gupta, and other members of EEPC India, industry leaders, and exporters were also present on the occasion.