New Business Registrations in Jammu & Kashmir Surge 28% Amid Recovery
Jammu & Kashmir new business registrations jump 28% despite Pahalgam attack
The Economic Times
Image: The Economic Times
In Jammu & Kashmir, new business registrations rose by 28% in FY26 to 1,770, signaling a rebound in investor confidence despite a recent terrorist attack in Pahalgam. This growth outpaces the national increase of 37%, reflecting improved economic conditions and government support in the region.
- 01New business registrations in Jammu & Kashmir increased by 28% in FY26.
- 02Total active companies in the region reached 9,900, a 21% rise from the previous year.
- 03The national average for active companies grew by 12% during the same period.
- 04Government initiatives and reduced terror incidents have boosted investor confidence.
- 05The overall number of companies registered in India hit a record 247,755.
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In FY26, Jammu & Kashmir saw a 28% increase in new business registrations, totaling 1,770, according to official data. This surge indicates a recovery in investor confidence following a decline in May and June 2025, attributed to a terrorist attack in Pahalgam. The overall number of active companies in the region rose to 9,900, marking a 21% increase year-on-year, surpassing the national growth rate of 12%. The national total of registered companies reached a record 247,755, reflecting a 37% increase. Experts attribute this growth to a combination of long-term economic prospects, government incentives, and a decline in overall terror incidents since the repeal of Article 370 in 2019. A senior government official noted that investors remain focused on the broader economic environment rather than individual incidents.
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The surge in business registrations indicates a revitalized local economy, potentially leading to job creation and increased economic activity in Jammu & Kashmir.
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