Jammu, Feb 26 (PTI) A memorandum of understanding (MoU) was signed between Jammu and Kashmir Trade Promotion Organization (JKTPO) and Ladakh Jammu and Kashmir Economic Growth and Development Dialogue (LEAD) here, an official spokesman said.

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The MoU has been signed in order to showcase the sector-wise opportunities in Jammu and Kashmir to potential investors and to drive sector-specific investments from different stakeholders.

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The MoU aims at programme facilitation for multiple sectors of agriculture, textile, handicraft, pharmaceuticals, rural development, information technology, information technology-enabled services, food processing, dairy product, engineering and machine tools to gain wide scope and traction among influencer bodies from different states, among others, the spokesman said.

The MoU was signed by managing director, JKTPO Ankita Kar and director, LEAD, Sunil Shah in presence of principal secretary, Industries and Commerce (I&C), R P Thakur, to catalyse investments in sectors contributing towards economic growth, employment creation, trade opportunities and growth in GDP in J&K, the spokesman said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)