India Hopes To Allay Business Fears With Investment Summit In Kashmir - Reports
NEW DELHI (UrduPoint News / Sputnik - 13th August, 2019) India will seek to reassure the business community with an investment summit in the Jammu and Kashmir territory in October, the principle secretary for industry and commerce said Tuesday.
He said the gathering in the former state's most popular city of Srinagar will give it an opportunity to showcase its strength and economic potential and allay fears of foreign investors.
The Indian government revoked the Himalayan region's statehood and special status last week citing a rise in separatism among its mostly Muslim population. China and Pakistan protested the change in the status quo.