Category: Business

Business

Tourism deptt eyes high-end visitors from Asian countries

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No need to visit European countries for marketing which have issued travel advisories: Mahmood Following the introduction of the helicopter services in Kashmir, the department of Tourism Kashmir is aiming to attract high-end tourists within India and other Asian countries. Terming the year-2015 as ‘satisfactory’, Director Tourism Kashmir Mahmood A Shah said Valley has huge market from Asian countries for high-end tourists which, if taped, would give major boost to Kashmir tourism sector.  “Kashmir has huge market across India and other Asian countries for high-end tourism. We need not to…

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BSNL goes offline in many parts of Kashmir Valley

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State-owned Bharat Sanchar Nigam Limited is again in news for wrong reasons. The cellular services by the company in South Kashmir are down from Sunday while its broadband customers across the Valley are decrying poor connectivity. The subscribers said the mobile phone services by the company went off on Sunday evening and were yet to be restored. “Poor connectivity has become synonyms with BSNL,” Showkat Ahmad, a subscriber said. He said that while the poor mobile service is adding to the woes of the people, the disruptive broadband is a…

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PILTOF hails CM’s interest in resumption of international flights

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J&K PILTOF has hailed Chief Minister Mufti Mohammad Sayeed’s keen interest in tourism. In a statement, PILTOF said Chief Minister is pitching for promotion of tourism along with airline activity vigorously. “Chief Minister has given top preference to the promotion of tourism and urging Union Government for putting Kashmir on international map of civil aviation,” said newly elected chairman of PILTOF Nasir Shah. “If this trend continues, the day is not far when we will see international flights landing in Kashmir.” He said thousands of Kashmiris are living or working…

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Entrepreneurs admit, doing business in Kashmir is difficult

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Entrepreneurs at a workshop here today said it was very difficult for the entrepreneurs and investors to do business in Kashmir. In the backdrop of a World Bank report on ease of doing business rating Jammu and Kashmir among the ‘worst states for business’, The Silk Route Consulting Group today organized a workshop to discuss business scenario in the state. The participants at the program comprising entrepreneurs, media personnel, politicians and analysts shared their views on the current business scenario in the state and suggested measures the state government should…

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Mehbooba urges Centre to start international flights from Srinagar

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Peoples Democratic Party (PDP) president Mehbooba Mufti today called on Union Tourism Minister Mahesh Sharma in Delhi and sought his intervention in starting international flights from the Srinagar Airport. She urged Sharma to install guiding lights on the runway to facilitate flight operations at the Srinagar Airport during poor visibility. “According to the Airports Authority of India, the instrument landing system is already in place at the airport. The flights are not able to operate due to non-availability of guiding lights on the runway,” Mehbooba said. The PDP president said…

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Despite high meat consumption, leather industry fails to grow

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Despite the fact that Kashmir consumes mutton in large quantities, the leather industry has largely failed to grow due to shortage of leather processing units. The hide dealers complain lack of proper infrastructure and interest among youth for this ‘stagnant’ industry.  The demand for the hides has also considerably decreased forcing traders to sell hides at throw away prices. As per official estimates, around five million animals like sheep, goats and cattle are consumed annually in J&K leaving the state with ample raw material for the leather industry in the…

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‘Chopper service will get high-end tourists to Kashmir’

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The hoteliers and leading tour and travel companies in Kashmir Friday said the recently launched chopper service will attract high-end tourists to Kashmir. At a round-table conference held at a local hotel here, the travel trade fraternity welcomed the initiation of the service by the government saying it would help attract high-end tourists to the Valley. The tourism traders hailed the chief minister Mufti Muhammad Sayeed for this “great initiative”. They also praised Secretary Tourism, Farooq A Shah for “his role.” Mehmood Ahmad Shah, Director Tourism Kashmir on the occasion…

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Copter service to Gulmarg, Pahalgam launched

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The government today launched its first-ever helicopter service to Pahalgam and Gulmarg resorts with an aim to boost high-end tourism in the Valley. “Even though only a small fraction of travellers will take chopper rides initially, it is a big step towards positioning Kashmir as a high-end destination,” said Chief Minister Mufti Mohammad Sayeed after launching the service from the Srinagar airport. Mufti said tourists could now directly travel to popular tourist spots Gulmarg and Pahalgam from the airport. “After alighting from the aircraft, visitors can hop on to choppers…

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Will act as bridge for Indo-Turkish business ties: KCCI

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Kashmir Chamber of Commerce and Industries, (KCCI) Friday resolved to work as “bridge” between Turkey and India to promote business ties between the two countries. KCCI also said it would promote trade and tourism ties between Turkey and Kashmir to boost economy both sides. President, KCCI Mushtaq Ahmad Wani said a delegation of 25 traders, including tourism related players would visit to Turkey in March 2016 to promote import- export ties. “The delegation will meet all the business bodies in Turkey during the next year’s visit to promote import-export business…

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Dubai’s second-most powerful man visiting Kashmir

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EMAAR chairman keen to invest in JK: Drabu  Chairman of EMAAR, the leading real estate company of United Arab Emiratus (UAE) Mohamed Ali Rashed Alabbar will be visiting Srinagar next month to explore possibilities of investing in Kashmir. This was conveyed by him to Finance Minister Haseeb Drabu who met him in Dubai. The second-most powerful man in Dubai, Alabbar had detailed meeting with Dr Drabu on the sidelines of Arab-India Economic Forum held there from November 16 to 17. It is learnt that both of them exchanged views on…

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