6 new projects of JKI lined up for commissioning: Ganga
The Jammu & Kashmir Industries Limited (JKI) has six new projects worth Rs 65 crore lined up for commissioning.
This was stated at the 153rd Board of Directors meeting of the Corporation held at Civil Secretariat on Thursday under the chairmanship of Industries Minister Chander Prakash Ganga, according to an official spokesperson. Minister of State for Industries Syed Farooq Ahmad Andrabi, was also present in the meeting.
Management of JKI informed the board that while upgradation of the Government Joinery Mills Pampore is complete and the unit is all set for formal inauguration, the upgradation of the Government Silk Factory Raj Bagh at an estimated cost of Rs 23.54 crore and the Government Woolen Mills Bemina at an estimated cost of Rs 11.74 crore have been approved for funding by the World Bank under the Jehlum Tawi Flood Recovery Project. It was informed that tenders for execution of civil works are being finalized and that foundation stone of the Raj Bagh Silk Factory will be laid soon.
The board also accorded sanction for re-commissioning of two filature units, one in Srinagar and another in Jammu, for ensuring availability of adequate quantities of the local silk yarn. It also approved upgradation of the Government Joinery Mills Jammu together with construction of state of the art showroom.
The meeting also discussed the proposed marketing and trading plans for these units envisaging their sustainable achievement of working results.
The board also discussed upgradation of the Government Joinery Mills Bari Bramhana, including construction of new machine hall, state of the art showroom and modern machinery, at an estimated cost of Rs 8.50 crore. The Corporation was asked to ensure completion of the project within the next six months as directed by Chief Minister Mehbooba Mufti while laying the foundation of the unit last month.
The JKI informed the Board that it has also prepared a project report for creating a Common Facility Centre for wood work and wood handicraft within the premises of this unit.