Excelsior Correspondent
JAMMU, Apr 30: Jammu and Kashmir has recorded its highest-ever annual investment of Rs 5,824.42 crore in the financial year 2025-26, marking a major milestone in the Union Territory’s industrial growth and ongoing economic transformation.
According to official data, the investment is over 13 times the average annual inflow recorded between 2014 and 2021, reflecting a sustained surge in industrial activity across the UT.
The data shows that the upward trend has remained consistent over recent years, with investments rising from Rs 2,153 crore in FY 2022-23 to Rs 3,389 crore in FY 2023-24 and Rs 4,145 crore in FY 2024-25, culminating in the current record.
For the first time, multiple anchor investments exceeding Rs 500 crore are being grounded in the region. As per the data, 312 industrial units involving a cumulative investment of Rs 7,864 crore have completed more than 50 percent of groundwork and are expected to begin production soon.
The conversion of investment proposals into functional units has also improved notably. Under the New Central Sector Scheme (NCSS), 88.6 percent of registered units have already commenced production. Over the past three years, incentives worth Rs 2,513 crore have been disbursed under various schemes, including NCSS, GST reimbursement, PMEGP and other programmes of the Industries and Commerce Department.
The MSME sector has seen significant formalisation, with Udyam registrations increasing from 0.24 lakh in 2021 to 6.16 lakh in FY 2025-26. The total number of registrations is expected to reach 7.1 lakh within the current financial year.
On ease of doing business, J&K has been ranked 5th nationally under the Business Reforms Action Plan (BRAP) 2024, based on independent stakeholder feedback. Reform implementation has improved from just 0.30 percent in 2016 to 100 percent compliance.
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