Jammu & Kashmir has recorded a sharp growth in startup activity over the past six years, with the number of registered ventures increasing by 1,800%.

Lieutenant Governor Manoj Sinha said that the region now hosts more than 2,000 startups, reflecting a steady shift towards entrepreneurship among the youth.

Speaking at a public event, Sinha said that policy support, access to funding, and incubation programmes have contributed to the growth of the startup ecosystem in the Union Territory.

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Policy Push Drives Startup Expansion

The administration has rolled out targeted schemes to promote innovation and self-employment. These include financial assistance, mentorship and incubation facilities for early-stage ventures.

The government has also focused on easing compliance and improving access to institutional funding. Startup hubs and innovation centres have been established to support entrepreneurs across sectors such as technology, agriculture and handicrafts.

According to official data, the rise in startups aligns with broader efforts to strengthen local economic activity and reduce dependency on traditional sectors.

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Youth-Led Innovation Gains Momentum

According to authorities, a large share of new startups is driven by young entrepreneurs, many of whom are entering the sector.

Educational institutions and skill development programmes have played a role in building awareness and encouraging participation.

“The administration is working to create a sustainable startup ecosystem by linking innovation with market access and employment opportunities.”

-Manoj Sinha, Lieutenant Governor, Jammu and Kashmir

He added that continued focus will be placed on scaling ventures and attracting investment into the region. The government expects the trend to continue as more youth turn to entrepreneurship, supported by ongoing policy measures and infrastructure development.