Srinagar, Aug. 14 -- Industrial expansion in Jammu and Kashmir has reached a stage where the limits of the original framework are being tested. The scheme launched in 2021 was built on a large allocation and a long horizon, but the demand from industrial houses has outpaced the initial cap. The decision to use available savings for registering units beyond the first 918 is not a routine adjustment; it is a recognition that the appetite for investment is stronger than anticipated and that the region's economic base is ready for wider participation.

The availability of Rs 5630.75 crore, drawn from differences between proposed and actual investments and from GST-related savings, creates space for new enterprises to enter. This ensures that ...