California

Highlighting the transformation taking place in Jammu and Kashmir and the unprecedented progress recorded across all sectors, Lieutenant Governor Manoj Sinha on Sunday said that the Union Territory has the potential to emerge as a powerhouse of prosperity.

The LG was addressing the IIT BHU Global Alumni Meet at Santa Clara in California.

Speaking on the occasion, the Lt Governor lauded the efforts of the young IITians for their accomplishment and advancements in emerging technologies and for strengthening the dynamic technology ecosystem for societal transformation.

The Lt Governor also conveyed the motto of shared effort and progress for all and urged the innovators and entrepreneurs, to contribute to India's growing knowledge economy.

He also discussed the progressive industrial policy of Jammu and Kashmir made under the guidance of Prime Minister Narendra Modi and highlighted the immense potential and opportunities in different sectors to start industrial and business ventures that will also create job opportunities for the youths.

"Jammu Kashmir has the potential to emerge as a powerhouse of prosperity. It should be our shared goal to tap immense resources and talents to ensure a better life for all our citizens," he said.

The Lt Governor also said the world has recognized the transformation in the Indian economy and the potential of the Indian market in terms of achieving global scale in quality and output.

He further highlighted the transformation taking place in Jammu Kashmir and the unprecedented progress recorded across all sectors.

"In the last two years, we have built a business-friendly climate for investors and Jammu and Kashmir has emerged as one of the favourite destinations to set up industries and other business ventures."

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"The aspirations of the youth of Jammu and Kashmir have been synchronized with the aspirations of the country today and the golden period of industrial development of Jammu and Kashmir has been ushered in through the new industrial development policy of the Prime Minister," observed the Lt Governor.