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Sharp surge in share of private investment projects in J&K
Business Standard
|April 28, 2025
This marked the second-highest jump across states in a year that saw overall new investment plans in the country rise by 25.35 per cent to ₹44.15 trillion.
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This included an unprecedented ₹10,000 crore-plus outlay for manufacturing projects in J&K.
Notably, there has been a sharp surge in the share of private investments planned in J&K. Over the past four years, private investors accounted for 42.2 per cent of nearly ₹70,000 crore in fresh outlays announced. To put that in context, private players accounted for less than 5 per cent of all investments in J&K in five of the seven years between FY15 and FY21, and breached the 10 per cent mark only twice.
The Srinagar Development Authority's ₹15,000 crore satellite township project in Bemina was J&K's largest project in FY25. However, the next three largest investments are from private players—a ₹2,246 crore clinker grinding project by Ambuja Concrete North, a ₹1,616 crore beverages plant by Ceylon Beverages Can, and a ₹1,281 crore solar cells and modules project by Rays Green Energy Manufacturing.
This story is from the April 28, 2025 edition of Business Standard.
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