Karnataka offers to invest in J&K hospitality

BENGALURU: The Karnataka government has written to Jammu & Kashmir governor Satya Pal Malik offering to invest in the hospitality sector in the Valley, mirroring a similar move by Maharashtra which earlier this month proposed to build resorts in Srinagar and Ladakh.

The Centre and the J&K administration have been campaigning for investments in Jammu, Kashmir and Ladakh after Parliament revoked the special status of Jammu & Kashmir. The moves by the two states would bolster this effort and create employment opportunities for the local youth.