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Carpet looms in Jammu & Kashmir to be modernized

17 Mar '08
3 min read

Speaking on the occasion, the Chief Minister said that the laying of foundation of the ITC was a historic moment for the trade in the State which was destined to scale heights now with a facility like this. He said given the importance of the project it should have been executed decades ago but was left for the present government to take the initiative. He thanked Mr. Ramesh for taking keen interest in and providing funds for the project.

Mr. Azad said that the Kashmir's ITC would be of the reckoning of the Indian Trade Fair Centre, New Delhi. He said it would be open for a greater period of the year than the later as weather conditions in the Valley were conducive for holding national and international exhibitions during summers. He said the ITC would not only help the trade in the State grow but also benefit traders of the country who want to exhibit their products in international exhibitions.

With international flights operating from Srinagar any time soon this year, the Chief Minister said the coming up of the ITC would boost local trade activities including handicrafts which he said sustained the economy during the long turmoil in the valley. He asked the local traders to prepare themselves for export boom in the coming years. He said the annual export of handicrafts from the State was to the tune of Rs. 1500 crore which needs to be increased to Rs. 5000 crore.

He emphasized on the need to take measures for the betterment of the artisans. He said handicrafts sector had been a major contributor to the state's economy and during last 20 years when other sectors received a set back it kept the economy of Kashmir alive. He appreciated the skill and entrepreneurship of the artisans who despite difficulties kept the industry alive.

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Government of Jammu and Kashmir

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