Jammu and Kashmir gets investment proposals worth Rs 17,000 cr

18 Jan 2022 CW Team

Businessmen from the United Arab Emirates (UAE) have expressed plans to invest in Jammu and Kashmir, with the government receiving investment bids totalling Rs 17,000 crore.

During the Dubai Expo 2020, eight agreements were made with overseas investors. During its two-week participation in the Expo in Dubai, J&K displayed its commercial and tourist prospects, as well as its rich cultural history, to investors.

From January 3 to 13, the India Pavilion in Dubai conducted a J and K week to entice international businessmen to the scenic region.

A two-day buyer-seller meet was also organised between J and K vendors and UAE buyers.

The real estate, infrastructure, tourism, healthcare, manpower, and employment sectors of J and K have piqued the interest of investors.

Following the Centre's repeal of Articles 370 and 35A on August 5, 2019, the UAE government-backed the Indian government.

According to J&K Lt Governor Manoj Sinha, investment proposals worth Rs 17,000 crore were signed between the J and K government and well-known corporate companies. The initiatives, he said, are vital to accelerating the pace of economic and social change, thereby improving the lives of the ordinary man in J and K. At the show, the J and K government struck eight agreements with international investors.

Expo 2020 is a World Expo that will be held in Dubai, United Arab Emirates, from October 1, 2021, to March 31, 2022. Due to the Covid-19 pandemic, the event was rescheduled from 20 October 2020 to 10 April 2021. Despite the postponement, the moniker Expo 2020 was retained for marketing and branding purposes.

Image Source

Also read: J&K to receive about Rs 60,000 cr investment in the realty sector

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..