<h1>India Extends Special Industrial Package for Jammu & Kashmir Until 2017 to Boost Growth with Subsidies and Incentives.</h1> The Department of Industrial Policy Promotion, Government of India, has extended the Special Package for Industrial Development in Jammu & Kashmir for five more years, until June 14, 2017. Originally launched in 2002, the package offers incentives such as a capital investment subsidy, interest subsidy, and comprehensive insurance subsidy to encourage industrial growth. The package's total outlay is Rs. 295 crore, with benefits available to industries in designated areas and specific sectors. The scheme aims to support new and expanding industrial units, with funds managed by the JKDFC. Since its inception, 9305 units have been established, generating substantial investment and employment.