04/06/2026
, in a virtual interaction convened by Shri Vikramjit Singh, IPS, Commissioner Secretary, Industries & Commerce, J&K, presented a unified industry perspective on the economic challenges emerging from the ongoing West Asia conflict.
Representing the business community, Mr. Vicky, Chairman, PHDCCI Kashmir, and Mr. Rakesh Wazir, Chairman, PHDCCI Jammu Region, highlighted the adverse impact on Jammu & Kashmir’s industrial and trade ecosystem. Key concerns included a decline in export orders, uncertainty in ex*****on of existing shipments and payments, shortages in commercial gas supply affecting the hospitality, healthcare, and retail sectors, and a likely surge in transportation and logistics costs that could impact the competitiveness of Kashmir’s horticulture products such as apples, walnuts, and saffron.
To strengthen industrial resilience amid global energy price volatility, PHDCCI urged the government to introduce a robust solar incentive package, including subsidies, net metering benefits, and tax exemptions on solar equipment, along with ensuring 24x7 uninterrupted electricity supply for industrial units.
The meeting was also attended by Shri Arun Kumar Manhas, JKAS, Director, Industries & Commerce, Jammu, along with industry stakeholders and trade representatives from across the Union Territory. Acknowledging the concerns raised, the Commissioner Secretary assured participants that issues related to logistics support, gas allocation, solar incentives, and power availability would be taken up with the concerned ministries and departments.
The interaction concluded with a shared commitment between the government and industry to work collaboratively towards mitigating the crisis, safeguarding businesses, and enhancing the long-term resilience and sustainability of J&K's industrial sector.
MyGovIndia | Press Information Bureau - PIB, Government of India | Ministry of New and Renewable Energy (MNRE), Government of India
