Business of Kashmir

Economy of Jammu & Kashmir

Jammu and Kashmir's economy is mostly dependent on farming and animal husbandry. Majority of the population of the state depends on agriculture. Paddy, wheat and maize are the major crops. Barley, bajra and jowar are cultivated in some parts. Gram is grown in Ladakh. Though small, the manufacturing and services sector is growing rapidly. Tourism formed an important part of the Kashmiri economy. Although the tourism economy in the Kashmir Valley has been hit by the terrorism threat, Jammu and Ladakh continue to remain as popular tourist destinations. The Wood in Kashmir is also used to make quality Cricket bats and as they are popularly known as Kashmir Willow. Handicrafts from Jammu and Kashmir have demand from both inside and outside the country. Coal, gypsum, and limestone are the major minerals produced in the state.