Jammu and Kashmir in Financial Year 2025–26 alone has grounded investments of ₹5,824.42 crore—over 13 times the average annual investment from 2014-2021 and the highest ever recorded in a single financial year in J&K’s history, an official statement of the Industries and Commerce Department said.
“This momentum reflects a sustained trajectory: Rs 2,153 crore in FY 2022–23, Rs 3,389 crore in FY 2023–24 and Rs 4,145 crore in FY 2024–25. “For the first time, J&K is witnessing the grounding of multiple anchor investments exceeding ₹2,513 crore have been extended to industry under various heads, including NCSS, GST reimbursement, PMEGP, and other schemes of the Industries & Commerce Department. Reiterating the commitment of the Industries & Commerce Department in MSME formalisation, there has been substantial growth in Udhyam registrations. which has surged from just 0.24 lakh in 2021 to 6.16 lakh in FY 2025–26, with all 7.1 lakh MSME registrations set to be completed within the current financial year, the statement said.
“J&K has been recognised as a Top Achiever in Ease of Doing Business, ranking 5th nationally under BRAP 2024, based on DPIIT’s independent stakeholder feedback. Reform implementation has surged from 0.30% in 2016 to 100% compliance under BRAP 2024. Reflecting procedural efficiency, nearly 79% of over 8.11 lakh applications received have been approved, 89% within timelines, while rejections remain below 5%.”
“Identifying the startup ecosystem as a focus area and a key growth engine for innovation-led economic development, there has been a sharp surge in the setting up of entrepreneurial projects with 1,305 startups registered with EDI till FY 2025-26, as compared to only 69 in 2020. As many as 816 startups were registered with JKEDI in FY 2025–26 alone. The New Startup Policy 2024 is operational, with funding support extended to 25 startups and 4 incubators,” it said.
