Jammu and Kashmir administration is working to encourage startups and foster innovation thereby creating job opportunities in abundance besides raising economic graph of the Union Territory.
Endeavoring to accomplish this stupendous task, J&K government is focusing on sectors such as food processing, agriculture, renewable energy, handicrafts and handloom by vigorously promoting startups in these vital sectors.
Lieutenant Governor, Manoj Sinha, during his address to National Academia-Industrial Conclave at Islamic University of Science and Technology (IUST) said a strong Academic-Industry collaboration will bring a meaningful change in the private and public sector. Besides, this will provide an opportunity to promote innovation, work on new model of IEC–Innovate, Evolve and Commercialize the relevant technology, building new knowledge to meet the needs of future world, he added.
Terming startups as game changer towards economic growth, Sinha said that the government is determined to provide incubation and seed funding support to brilliant ideas and solutions.
“Our aim is to build a strong ecosystem for nurturing innovation and startups in J&K and the synergies between industrial and academic establishments will encourage and empower young innovators and boost private investment in startups, he added.
Divya Gandotra, hailing from Jammu, is successfully making her career as an entrepreneur at national level. She at a young age founded Scoop Beats Private Limited and Soulbeats Studio LLP. Money Control.com featured her on Children’s day under Top Young Indian CEOs. She has also been appointed as Member of Media Advisory Board at Krypto (Inventphile Ventures Private Limited) with holder of an equity share.
Divya says ‘she is currently working on 12 Startup projects which included an ED Tech Startup and Few Plugin Tools.
The startup revolution has now started in J&K, the start-ups under Aroma Mission being the best starting points under it, creating household names in India like Bharat Bhushan, the brand ambassador of Aroma Mission in India who not only doubled but quadrupled his income only in few years.
Startups ecosystem in J&K is turning youth of J&K into job providers rather than the job seekers. The ideas of young minds are heard, polished, funded and handholded by the government agencies under the guidance of Lieutenant Governor, Manoj Sinha. The creation of industry innovation clusters by the government is encouraging youth to choose their own destiny and become role models for younger generation.
The center for Innovation and Economic Development (CIED) provides young innovators an opportunity to turn their startup ideas into reality.
Recently, Union MoS, Dr Jitendra Singh, while addressing a mammoth public rally in North India’s first Industrial Biotech Park at Ghatti, said the utility would act as hub for incubation of new ideas and a robust platform to support the agri-entrepreneurs, startups, progressive farmers, scientists, scholars and students not only from Jammu and Kashmir and Ladakh but also from nearby states of Punjab, Haryana and Himachal Pradesh.