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Early Times Report
New Delhi, June 15: Urging investors to free their minds of the idea of Jammu and Kashmir being a militancy-hit state, Chief Minister Omar Abdullah today asked private companies to look at investment opportunities in the region in areas, including farm, power, tourism, IT and handicraft.
Initialising efforts to attract investors to the state, the Chief Minister held the first meeting of the joint task force, set up with industry body CII.
In his inaugural address, Abdullah informed the industry captains about the state government’s proposal to set up a coal-based thermal power plant at the pit head with a 1,000 MW capacity.
"This will help the state in overcoming its acute power shortage and we may at some stage look for private sector participation in a joint venture mode for this purpose," he said during. Abdullah is the Chairman of the CII task force on J&K.
Bharti Enterprise Chairman and CEO Sunil Mittal is the co-chairman. Among others who attended the meeting were Sunil Munjal of Hero Group, Deepak Puri of Moser Baer’s, Shivinder Mohan Singh of Fortis.
The 39-year-old Chief Minister said his state is endowed with great natural resources, which have unfortunately not been developed to its full potential for reasons which are well-known.
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