J&K investment roadshow held in Hyderabad

Hyderabad: There has been 'good' response to Jammu and Kashmir's investment summit roadshows held so far in different cities with MoUs worth over Rs 5,000 crore being signed, officials of the newly-formed union territory said on Monday.

The administration has identified 14 priority sectors, including tourism and hospitality, agriculture, horticulture, food processing and sericulture for investments, they said on the sidelines of a roadshow held here in association with the Confederation of Indian Industry (CII) Telangana.

During the event here, presentations were made and the officials, including, Advisor to the J&K Lieutenant Governor Rajeev Rai Bhatnagar, spoke about investment opportunities, policies and focus sectors.

The roadshows, being held ahead of the J&K Global Investor's Summit to be organised in May at Srinagar and Jammu, had earlier been conducted in Mumbai, Kolkata and Bengaluru.

We have had good response. People are coming up with MoUs. Basically, the mission before us is to ground these MoUs and get investment on ground, J&K Industries and Commerce Commissioner Secretary Manoj Kumar Dwivedi told reporters.