Jammu and Kashmir, with a total land area of 2,22,236 sq
km, constitutes the northern most extremity of India. It shares a border
with Himachal Pradesh to the south, Pakistan to the west, People's Republic
of China to the north and east, and Afghanistan to the north-west. It
is situated between 32 degree 15' to 37 degree 05' North Latitude and
72 degree 35' to 83 degree 20' East Longitude. It consists of three district
regions, namely, Jammu, Kashmir and Ladakh. Srinagar is its summer capital,
and Jammu its winter capital. Geographically, the State has been divided
into four zones, namely, the mountainous and semi mountainous plain commonly
known as Kandi belt; hills including Shivalik ranges; mountains of Kashmir
Valley and Pir Panchal range; and Tibetan tract of Ladakh and Kargil.
The State is rich in art, culture and history as well as
in archaeological and historical sites reflecting a glorious past. The
people of the State possess inherent skills of weaving and designing of
textile products, which could be the basis for setting up of state-of-the
art textile industry in the State. However, handicraft and handloom sector
act as the source of foreign exchange earnings for the economy.
The State is also rich in flora and fauna as well as possess
large mineral deposits. It is also well-connected to other parts of the
country through efficient infrastructure facilities. Besides, snow clad
mountains, sparkling lakes and pleasant weather conditions in the State
provides tremendous potential for investment in tourism sector. The Kashmir
Valley is famous for its beautiful mountainous landscape. Jammu is known
as 'City of Temples' attracting large number of pilgrims every year. Ladakh,
also known as 'Little Tibet', is renowned for its remote mountain beauty
and buddhist culture.
Due to all such advantageous features, there exists numerous
business opportunities in the various sectors of the economy, mainly,
agriculture, handloom, handicrafts, etc. Both small and big business houses/
investors are setting up their industrial units in the State.
