Seeking to attract businesses to Jammu and Kashmir, the state administration on Tuesday announced a three-day global investors summit to be held in Srinagar from October 12. The meet will provide J-K an opportunity to showcase its strengths, strategies and potential, the state’s Principal Secretary (Industries), Naveen Choudhary, told reporters here. It will also help allay fears and apprehensions in the minds of trade and business communities outside the state, he added. The Confederation of Indian Industries (CII) will be the national partner for the investors meet. An MoU has been signed by Jammu and Kashmir Trade Promotion Organisation (JKTPO) and CII for organisation and management of the event, the official said. Trade and industry organisations will come to know firsthand about the business- friendly policies of the government, assess infrastructure, natural resources, raw material and skill and un-skilled manpower available and identify business opportunities in the state, he said. It will present immense opportunities to develop contacts between the state and business community and between local and outside business communities, he said.
