Jammu Kashmir’s scenic beauty and picturesque locations have made it a favoured destination for tourists across the world. Jammu is famous for its temples, while the Kashmir Valley is known for its lakes and gardens. The northernmost state of the country, Jammu Kashmir shares its borders with Himachal Pradesh and Punjab. A land of immense beauty, Jammu and Kashmir is pockmarked with the tension between India and Pakistan as well as constant terrorist outbreaks in different parts of the state.
Jammu and Kashmir's economy is predominantly dependent on agriculture, mainly horticulture and floriculture. Renowned for handloom, the UT is the 2nd largest producer of wool in the country and is popular for its Pashmina wool. Kashmir is also famous for being the largest producer of saffron, which is one of the most expensive spices in the world.
According to data released by the Department for Promotion of Industry and Internal Trade (DPIIT), the union territory has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 6 million during the period April 2000 to June 2019.
Kashmir valley’s scenic beauty coupled with Jammu’s fame as a temple hub, attracts tens of thousands of pilgrims every year. The state government has established 20 tourism development authorities at places with high inflow of tourists.
7 lakh families, comprising of 33 lakh people, are directly or indirectly engaged in the horticulture industry in Jammu and Kashmir. The state exported USD 945 million worth of fresh and dry fruits in 2015-16.
The state has over 520 registered handlooms industrial co-operative societies with approximately 38,000 handlooms and 3018 handicrafts societies. J&K is world famous for its Pashmina wool spun shawls. In 2014-15, woollen shawls and silk carpets accounted for about 34% and 32% share respectively in the state’s total exports.
Andhra Pradesh, the 10th most populated state in India, is home to about 4.1% of the country's total population. The state's population of 49.4 mn is equivalent to the population of Spain.
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