Srinagar: Ratan Tata, chairman of the Tata Group, said in Srinagar that Congress general secretary Rahul Gandhi had opened the door for India Inc to invest in Jammu and Kashmir.

During a meeting with the local entrepreneurs here Friday, Ratan Tata said: "Rahul Gandhi has opened not only a window but a door for Indian Inc to invest in Jammu and Kashmir. We are keen to invest in the state and play our role in its development."

Batting for closer coordination between industrial houses and entrepreneurs to venture in the industrial and trade sectors in the state, both Chief Minister Omar Abdullah and Rahul Gandhi said Jammu and Kashmir possesses rich potential for area specific industrialisation. They added that investors have greater opportunities to invest in the state.

They said the symbioses between the two would also result in the economic development and job creation for youth in the state. They said hydro power generation, agriculture and allied sectors, software engineering, horticulture, food processing, handicrafts and handlooms are sectors offering greater promises to industrialists.

Abdullah and Rahul Gandhi were speaking at a high-level interaction session organised between entrepreneurs of Jammu and Kashmir and industrial houses of the country here.

Ratan Tata, chairman of the Aditya Birla Group KM Birla, chairman of HDFC Limited Deepak Parekh, chairman of Bajaj Auto Limited Rajeev Bajaj and managing director and CEO of Team Lease Ashok Reddy were present in the interaction session.


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