March 22, 2022
1 min read

Gulf delegation in Kashmir for ‘Investment Summit’

To get a first hand feel of the ground situation, these delegates are scheduled to travel to places in north, south and central districts of the valley during the next two days….reports Asian Lite News

 Delegates of 33 companies from the United Arab Emirates (UAE), Hong Kong and Saudi Arabia are attending the ‘Investment Summit’ in Srinagar, the summer capital of Jammu and Kashmir, on Tuesday.

The summit, being held at the international convention complex on the banks of the Dal Lake, is expected to pave way for investments across various sectors in the union territory.

On Monday, Lt Governor Manoj Sinha hosted a dinner for the delegates. Sinha said on his official twitter page: “Hosted dinner for entrepreneurs and CEOs from Gulf countries who are on a visit to explore business opportunities in J&K. We are committed to make J&K UT the most preferred investment destination”.

Senior officials of these UAE-based companies, which included the Roya International Group, Al-Tayer Group, Intercontinental Dubai, Hanadi Trading Est. Promoter, Al-Hashemi Group, Rawaaj Partner Representative of the Rulers Office in Abu Dhabi, Al Mal Capital and others are attending the summit.

To get a first hand feel of the ground situation, these delegates are scheduled to travel to places in north, south and central districts of the valley during the next two days.

“We are also aiming for exports and the local entrepreneurs will be showcasing their start ups and products today.

“Especially women entrepreneurs under the ‘Hausla’ programme will display their products and startups.

“Starters in handicrafts, handloom and other exportable products are showcasing their products on the sidelines”, Ankita Kar, managing director of Jammu and Kashmir trade promotion organisation (JKTPO) told IANS.

ALSO READ: Pakistan all set to rake up ‘Kashmir’ at OIC summit

Previous Story

Historic cinematic posters up for auction

Next Story

‘Runway 34’ will be an Eid gift

Latest from -Top News

India, US Step Up Trade Talks

The development comes in the backdrop of the new US ambassador Sergio Gor taking charge in the US embassy is New Delhi….reports Asian Lite News India and the United States are progressing

Lanka Marks Next Phase of Indian Housing Drive

Phases III and IV of the Indian Housing Project highlight India’s commitment to supporting and empowering Sri Lanka’s Indian-origin Tamil community….reports Asian Lite News Sri Lankan President Anura Kumara Dissanayake on Sunday

China’s Grab for Africa

China’s investments aim to strengthen its geopolitical influence and its high-tech manufacturing sector in Africa…reports Asian Lute News China is further consolidating its dominance in the rare earth elements sector by expanding

Pakistan Courts in Peril

The question now is whether Pakistan’s courts can continue to function as guardians of the law, or whether they will be reduced to instruments of control…reports Asian Lite News Pakistan judiciary’s independence
Go toTop

Don't Miss

Lavrov lauds Modi’s ‘balanced position’

We appreciate the responsible stand India is taking on key

Turkish Flag Lights Up Qutub Minar on Republic Day Anniversary

Qutub Minar, the iconic UNESCO World Heritage Site in New