About Jammu and Kashmir: Information on Tourism, Industries, Economy & Geography

Latest update: March, 2016

Economic Snapshot: GSDP of Jammu Kashmir

Jammu Kashmir's gross state domestic product (GSDP) was US$ 14.46 billion over 2014-15.

Economic Snapshot: GSDP of Jammu and Kashmir

Economic Snapshot: NSDP of Jammu Kashmir

Jammu Kashmir's net state domestic product (NSDP) was US$ 11.90 billion over 2014-15.

Break up of outstanding investments in Jammu and Kashmir

 

Factfile

  • Capital:Srinagar; Winter Capital - Jammu
  • Geographical Area (sq km):222,236
  • State Language:Urdu, Kashmiri, Dogri, Hindi, Pahari and Ladakhi
  • Literacy Rate:67.2 per cent
  • Key Industries:Horticulture, floriculture, handlooms and handicrafts, tourism, mineral-based industry, gems and jewellery, sericulture, IT and pharmaceuticals

Last Updated: March, 2016

JAMMU AND KASHMIR State Report | November, 2015

Jammu and Kashmir (J&K) is the northern-most state of India and shares its borders with Himachal Pradesh and Punjab, and the neighboring countries of Pakistan, China and Afghanistan. The state consists of three regions - Jammu, the Kashmir valley and Ladakh.

The natural beauty and picturesque locations have made it a favoured destination for tourists across the world. Jammu is famous for its temples, while the Kashmir Valley is known for its lakes and gardens. J&K expects to witness 22.7 million tourist arrivals in FY 2020 compared to 9.5 million arrivals in FY 2014.

J&K has agro-climatic conditions best suited for horticulture and floriculture. Horticulture is the mainstay of the rural economy, providing employment to large number of local inhabitants. The state’s share in the overall apple production in India increased from 65.97 per cent in 2013-14 to 72.22 per cent in 2014-15. The total production of apples in J&K stood at around 1.82 million tonnes (MT) in 2014-15. The state is also a major exporter of walnut & its international market share is about seven per cent.

At current prices, the gross state domestic product (GSDP) of Jammu & Kashmir was US$ 14.46 billion in 2014-15 and has expanded at a compound annual growth rate (CAGR) of 9.03 per cent from 2004-05 to 2014-15. As of January 2016, J&K had a total installed power generation capacity of 3122.2 megawatt (MW).

The state government has an industrial policy that offers attractive incentives along with a single-window clearance mechanism. Land is allotted at concessional rates in industrial areas on lease for 90 years. The cost of setting up operations is comparatively lower than other states. The Skill Development Policy 2012-17 and the Sher-e-Kashmir Employment & Welfare Programme for the Youth 2009 are the policies undertaken by the government to develop the skills of the indigenous people of the state and offers better employment opportunities. J&K stands 29th among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.

Factfile

  • Capital:Srinagar; Winter Capital - Jammu
  • Geographical Area (sq km):222,236
  • State Language:Urdu, Kashmiri, Dogri, Hindi, Pahari and Ladakhi
  • Literacy Rate:67.2 per cent
  • Key Industries:Horticulture, floriculture, handlooms and handicrafts, tourism, mineral-based industry, gems and jewellery, sericulture, IT and pharmaceuticals
Jammu And Kashmir Map

Jammu And Kashmir