90% industrial units in J&K since 2019 were set up by locals, says report by parliamentary panel
A parliamentary report indicates that 90% of new industrial units in Jammu and Kashmir since 2019 were established by local entrepreneurs. The data suggests that government incentive schemes have successfully fostered regional business growth.
Why it matters
The report provides empirical data on the economic impact of the 2019 constitutional changes in Jammu and Kashmir.
Nearly 90% of the industrial units established in Jammu and Kashmir since 2019 are owned by locals, according to a report by a Parliamentary Standing Committee on Home Affairs, which was tabled in the Parliament on Friday (August 8, 2026).
Between 2019-20 and 2025-26, 2,279 industrial units were established in J&K, the report said. Of these, 2,056 units were established by locals, and 223 units were established by non-locals. Together, these projects attracted investments worth ₹16,598.97 crore and generated 75,848 jobs, the report said. J&K’s Budget for 2025-26 pegs total expenditure at ₹1.12 lakh crore.
Following the abrogation of Article 370 of the Constitution in J&K on August 5, 2019, the National Democratic Alliance (NDA) government led by the Bharatiya Janata Party (BJP) at the Centre claimed that the move would bring in development and open opportunities for business investments in J&K.
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