J&K Mining Can Add Rs 200 Billion Revenue: LG Sinha

23 Dec 2025 CW Team

Addressing the Strategic Management Forum Conference organised by IIM Jammu in collaboration with the Strategic Management Forum and NITI Aayog, Sinha said the Union Territory is rich in minerals such as limestone, sapphire and lithium. With targeted reforms, the mining sector could contribute between Rs 150 billion and Rs 200 billion annually over the next five to seven years, he said.

Sinha said India’s rapid economic expansion under Prime Minister Narendra Modi has been anchored in inclusive and equitable development, with policies focused on job creation, support for small businesses, higher public investment and financial empowerment. He added that macroeconomic stability, increased spending on education and healthcare, digital adoption, transparency and faster project execution are critical to achieving all-round development.

The Lieutenant Governor also called for maximising Jammu and Kashmir’s hydropower potential and suggested updating the Holistic Agriculture Development Programme to align it with evolving economic needs. On the sidelines of the event, he inaugurated the Basohli Painting Exhibition and felicitated artists, praising the efforts of IIM Jammu and the Indira Gandhi National Centre for the Arts in preserving the traditional art form.

On security, Sinha said terrorism has been significantly curtailed across large parts of the country and that local recruitment in Jammu and Kashmir has sharply declined. He said terrorists hiding in rugged terrain and forests would be eliminated, asserting that there is no place for terrorism in the Union Territory’s development journey. While accusing Pakistan of continuing infiltration attempts, he emphasised that society and administrative institutions, alongside security forces, must work together to ensure lasting peace and stability.

Lieutenant Governor Manoj Sinha said Jammu and Kashmir has the potential to generate up to Rs 200 billion in additional annual revenue by tapping its underutilised mining resources through strategic planning and focused policy interventions. Addressing the Strategic Management Forum Conference organised by IIM Jammu in collaboration with the Strategic Management Forum and NITI Aayog, Sinha said the Union Territory is rich in minerals such as limestone, sapphire and lithium. With targeted reforms, the mining sector could contribute between Rs 150 billion and Rs 200 billion annually over the next five to seven years, he said. Sinha said India’s rapid economic expansion under Prime Minister Narendra Modi has been anchored in inclusive and equitable development, with policies focused on job creation, support for small businesses, higher public investment and financial empowerment. He added that macroeconomic stability, increased spending on education and healthcare, digital adoption, transparency and faster project execution are critical to achieving all-round development. The Lieutenant Governor also called for maximising Jammu and Kashmir’s hydropower potential and suggested updating the Holistic Agriculture Development Programme to align it with evolving economic needs. On the sidelines of the event, he inaugurated the Basohli Painting Exhibition and felicitated artists, praising the efforts of IIM Jammu and the Indira Gandhi National Centre for the Arts in preserving the traditional art form. On security, Sinha said terrorism has been significantly curtailed across large parts of the country and that local recruitment in Jammu and Kashmir has sharply declined. He said terrorists hiding in rugged terrain and forests would be eliminated, asserting that there is no place for terrorism in the Union Territory’s development journey. While accusing Pakistan of continuing infiltration attempts, he emphasised that society and administrative institutions, alongside security forces, must work together to ensure lasting peace and stability.

Infrastructure Urban

09 Feb 2026

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

Infrastructure Urban

09 Feb 2026

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Building Material

09 Feb 2026

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..