Srinagar, Sep 22 (UNI) Counselling the youth to be participate in the Industrialisation process, Jammu and Kashmir Governor N N Vohra today said that central and state governments are providing immense incentives for the growth of industries in the state. The 2004 Industry Policy offers wide ranging incentives to the entrepreneurs and industrialists, he added.
Mr Vohra was addressing at the foundation laying ceremony of Steel Processing Unit at Industrial Growth Centre, Lassipora Pulwama.
He alongwith Union Minister of Steel, Ram Vilas Paswan laid the foundation of1.60 lakh tonnes annual capacity steel plant.
Mr Vohra said that Industrial Growth Centre Lassipora spread over an area of 6,000 kanals will be providing employment to over 4,500 people.
He said, 104 industrial units have been provided land in the Centre and 20 units have started functioning.
He said that Rs 250 crore are being invested for industrial growth in the Lassipora Centre.
Complimenting the Central Government and Union Steel Ministry for setting up a steel processing unit in the valley, Mr Vohra said that the plant will help to meet the steel demand of the valley besides assuring employment to a good number of people.
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