Jammu & Kashmir State Industrial Development Corporation Jammu & Kashmir State Industrial Development Corporation
  Focused Areas (J&K SIDCO)
 

 Thrust Areas

Activity
* Food Processing & Agro based industries (excluding conventional grinding/extraction unit) such as
a) Sauces, Ketchup etc.
b) Fruit Juices & pulp
c) Jams, Jellies, Vegetable Juices, Puree, Pickles etc.
d) Fruit Waxing, Packaging, Grading
* Leather Processing & Leather goods
* Tissue culture
* Silk Reeling Yarn and Yarn spun from silk waste. Woven fabric of silk or silk waste
* Wool & woven fabrics of wool
* Woven fabrics of cotton
* Floriculture
* Medicinal herbs-processing
* Green houses only Ladakh
* Computer hardware/Electronics (integrated circuit & micro assemblies)
* Sports goods and articles and equipment for general physical exercise
* Auto Ancillaries
* Eco-tourism
Hotels, Houseboats, Resorts, Adventure & leisure sports, amusement parks, cable car. Guest houses only Ladakh
* Handicrafts
* Precision engineering
* Exploration of minerals
 
   
 

  Resource Base

* Hydel Power
    Hydel Power Potential 20,000 MW
* Horticulture
    Apple 10,93,275 MTs/PA
(57% of Country's Production)
 
    Pear 40,250 MTs/PA  
    Cherry 7,365 MTs/PA  
    Walnut 1,00,596 MTs/PA
(6th largest production in the World)
92% of National Production
 
    Almonds 13,473 MTs/PA  
    Saffron 15 MTs/PA  
    Apricot 11,975 MTs/PA  
* Mineral Resources  
    Lime Stone 3355 Million Metric Tons.  
    Gypsum 95.83 Million Metric Tons.  
    Bauxite 8.6 Million Metric Tons.  
    Marble 35 Million cubic Metres  
    Sapphire Yet to be fully explored  
    Magnesite 7.00 Million Metric Tons.  
    Dolomite 12.63 Million Metric Tons.  
    Lignite 7.25 Million Metric Tons.  
    Quartzite 16.55 Million Metric Tons.  
    Coal 1.3 Million Metric Tons.  
 
 
   
 

  Infrastructure and support services:

The government will strive to improve general infrastructure of the state. In respect of infrastructure for industries, the policy emphasises the following :
* Development of modern industrial areas and estates, growth centres, Integrated Infrastructure Development Centres (IID) etc. will be done in a time bound manner. These focal points of industry will meet all the basic requirements of a competitive industrial environment. An action plan with specific implementation model and time frame will be adopted.
* Operational management of the major industrial estates will be rationalised, involving local industrialists through a suitable local self managed model both for development works and management of the estates including regulation of power and water supply.
* The State Government will encourage private sector participation in infrastructure development and such private sector participation will be treated as an industry for the purpose of availing incentives. The Government will also facilitate acquisition of land for such private sector initiatives.
* Efforts will be made to ensure that the power supply within industrial areas, estates, IIDCs, etc. is regular, reliable and of good quality.
* Private sector investment in generation and distribution of regular power supply in industrial areas, estates, IIDCs etc. will be actively encouraged. The government will provide necessary support for such ventures on a case-to-case basis to assure their sustainability.
* Micro-hydel projects are already open for private sector investment. A separate policy on the subject has been announced and implemented by the Power Development Department of the government.
 
 
   
 

  Single Window Clearance System

With the objective of facilitating a new entrepreneur in getting necessary clearances within a short time, a Single Window Clearance System, for registration of the Industrial Unit, allotment of land, clearance of pollution control Board for commencing construction and certificate of power availability, at the State and District levels, has been set up. A separate notification in this regard will be issued.

 
 
 
 

  Institutional/Commercial Bank funding

Industrial Policy 2004 recognizes that Financial Institutions/Commercial Banks have to play an important role in the industrial development of the State. An environment has to be created to arrest the present trend of flight of capital from the State. The procedures presently followed have not withstood the test of time. There have been glaring instance of delay and under-financing of projects resulting in cost and time over run. It will also be necessary to strengthen the state owned Financial Institutions. Moving in this direction, the government will adopt the following course of action :

* The present arrangement of credit flow monitoring through State Level Banker’s Committee (SLBC) and State Level Inter Institutional Committee (SLIIC) forums will be actively utilized.
* State owned development financial institutions shall be reoriented to facilitate availing of refinance facilities from national level institutions optimally; and, encouraged to raise finance from the market.
* Divisional and district level co-ordination committees will be constituted to monitor expeditious settlement of the loan cases within prescribed time limit.

 

 
 
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