Jammu And Kashmir Investor Summit Postponed To 2020

Srinagar: The investors' summit, which was scheduled to take place in Jammu and Kashmir from October 12-14, 2019, has been postponed to 2020. The development comes after the State Administrative Council (SAC) which met under the chairmanship of Governor, Satya Pal Malik reviewed the preparedness for holding the summit and after taking note of the level of preparedness decided that it should be rescheduled to 2020 in consultation with the union government.

The move is to ensure that the Industries and Commerce (I&C) Department is given reasonable time for making necessary preparations to secure robust participation of the investors in the summit.

The investor's summit was part of government's initiative to boost investment opportunities, attract new business avenues and allow Jammu and Kashmir to showcase its strength and potential to potential investors.