Fifth Five Year Plan (Draft) Vol III Government of Jammu and Kashmir

Abstract

The pace of industrial development in the State has not been as rapid as in other parts of the country. This is attributable to a number of factors operating in the State such as its geographical and topographical position, absence of a rail link to the valley and other parts of the State, hilly terrain, lack of adequate infra-structure, non-availability of cheap power, high cost of transportation on raw materials and semi finished goods, shyness of local capital and lack of technical and entrepreneurial skill.