Press Information Bureau

Government of India

Ministry of Commerce & Industry

05-September-2012 15:11 IST

International Trade Centre in J&K

An International Trade Centre at Pampore, District Pulwama, Kashmir (J&K) is being set up by the State Govt. with assistance from Assistance to States for Development of Export Infrastructure and other Allied Activities (ASIDE) Scheme of Central Govt. for holding national/international trade fairs, buyer-seller meets, etc. so that the exporters of the State could have an interface with the overseas markets.

Department of Industries, Government of J & K has earmarked land in Pampore for the above said International Trade Centre.

The total cost of the project is Rs. 40.00 crore. Out of this, Rs. 10.00 crore would be met by the State Govt. and contribution from ASIDE is Rs. 30.00 crore. Out of this, an amount of Rs. 5.00 crore has been released in December, 2008 for initiating the project from ASIDE. The project is under implementation.

This information was given by the Minister of State of Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply in the Rajya Sabha today.

DS/GK

Assistance to States for Development of Export Infrastructure: funding secured to build a trade centre to boost exporter access to overseas markets. An International Trade Centre at Pampore, Pulwama, J&K is being established to host trade fairs and buyer seller meets to connect state exporters with overseas markets; land has been earmarked by the State. Financing is provided under the ASIDE Scheme with state and ASIDE contributions and an initial ASIDE release made in December 2008; the project is under implementation.