KCCI calls the transfer unfortunate

KCCI calls the transfer unfortunate
  • 11

Reminds govt of gem and textile park proposals

Srinagar: Kashmir Chamber of Commerce and Industries (KCCI) has expressed resentment over the transfer of industrial land retrieved from HMT watch factory to the police for housing colony.
In a statement, President KCCI Javid Ahmad Tenga described the development as unfortunate.
“Besides adding to the militarization of Kashmir, particularly of the industrial areas, gives encouragement to the forces working against industrialization of the state more particularly of the valley,” the statement said.
The statement mentioned that KCCI had recommended that the chunk of land along with infrastructure of erstwhile HMT be converted into a gem and jewellery park.
“This proposal is pending since 2007 wherein besides gem & jewellery park we had advocated for a Gem & Jewellery institute for which the Ministry of Commerce, GOI had agreed that once the land is transferred to J&K Government the proposal will be considered by the government of India,” the statement said.
Also in 2009 an alternate proposal for a Textile Park was advocated where in thousands of workers would have been employed in hundreds of small scale units, the statement said.
“We support the Industrial Estate, Zainakot unit holders as well as FCIK in their demand of reversal of the state government order and our organisation will support any institution demanding the recovery of the said land for the purpose of industrialization,” the KCCI said.