Jammu And Kashmir
About Jammu and Kashmir: Information on Tourism, Industries, Economy & Geography
Jammu and Kashmir (J&K) is a Union Territory (UT) of India, located in the country’s northern part and a global tourist destination. In addition to traditional recreational tourism, a vast scope exists for adventure, pilgrimage, spiritual, and health tourism.
The natural beauty and picturesque locations have made it a favoured destination for tourists across the world. Jammu is famous for its temples, while Kashmir Valley is known for its lakes and gardens.
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 Gross State Domestic Product (GSDP) increased at a CAGR (in Rs.) of 8.51% between 2015-16 and 2020-21 to reach Rs. 1.76 trillion (US$ 24.28 billion).
As of April 2021, J&K* had a total installed power generation capacity of 3482.11 MW, comprising 1866.08 MW under central utilities, 1535.98 MW (UT utilities) and 80.05 MW (private utilities).
The J&K government has an industrial policy that offers attractive incentives along with a single-window clearance mechanism. On October 27, 2020, the Indian government approved Jammu and Kashmir of new land laws to allow land to be transferred for the benefit of an individual or institution for promotion of healthcare or senior secondary or higher or specialised education. In January 2021, the Cabinet Committee of Economic Affairs (CCEA) approved a new scheme for the industrial development for the UT of Jammu and Kashmir with a total outlay of Rs. 28,400 crore (US$ 3,918 million) up to 2037.
In April 2021, the government of Jammu & Kashmir signed 456 memoranda of understanding (MOUs) with various firms for a potential investment worth Rs. 23,152 crore (US$ 3.17 billion).
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflow in J&K was valued at US$ 0.21 million between October 2019 and March 2021.
Total export from J&K stood at US$ 188.18 million in 2019-20. In FY21, exports from J&K stood at US$ 159.64 million.
- Food processing and agro-based industries (excluding conventional grinding and extraction units) thrive in J&K due to an excellent climate for horticulture and floriculture. Total production* of horticulture crops in UT in 2018-19** stood at 3.96 million tonnes with 414.47 thousand hectares area under production. The industry plays a vital role in the UT’s economic development. In 2019-20, total production of horticulture crops in the state was expected to be 3,912.91 thousand metric tonnes and area under production was 400.25 thousand hectares. In 2019-20, the total production of vegetables and fruits in the state was estimated at 1337.12 thousand metric tonnes and 2541.16 thousand metric tonnes, respectively.
- The Handicrafts industry has been receiving priority attention from the Government in view of its large employment base and exports potential.
- In October 2020, the J&K government signed an MoU with Flipkart to provide an online platform to showcase and encourage local artisans/craftsmen/weavers to meet clients worldwide.
- This is a significant step towards fostering the rural economy and boosting sale of authentic exotic handicraft and handloom products and seeking new destinations for niche handmade Jammu and Kashmir products.
- J&K is famous for its small-scale and cottage industries such as carpet weaving, silks, shawls, basketry, pottery, copper and silverware, papier-mâché and walnut wood.
- J&K SIDCO is the nodal agency for promotion and development of medium- and large-scale industries in the UT.
- In 2019, foreign and domestic tourist arrivals stood at 57,920 and 16.16 million, respectively. In September 2020, Rs. 1,350 crore (US$ 182.83 million) economic package was announced in Jammu Kashmir to boost tourism and the other sectors.
Note: P - Provisional, ** - As per 3rd Advance Estimates, * - Includes Fruits, Vegetables, Spices, Honey, Plantation, Aromatic and Flowers, #- Including Ladakh Union Territory
CapitalSrinagar; Winter Capital - Jammu
Geographical Area (sq km)222,236
Union Territory LanguageUrdu, Kashmiri, Dogri, Hindi, Pahari and Ladakhi
Literacy Rate68.7 per cent
Handlooms and handicrafts
Gems and jewellery
Cabinet Committee on Economic Affairs approved the proposal of Department for Promotion of Industry and Internal Trade for Central Sector Scheme for Industrial Development of Jammu & Kashmir, for a total outlay of Rs. 28,400 crore (US$ 3.88 billion) upto 2037.