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Rising Kashmir > Blog > Opinion > The Rise of Entrepreneurship in Kashmir
Opinion

The Rise of Entrepreneurship in Kashmir

The road ahead is not easy, but with continued support and a shift in mindset, Kashmir has the potential to become a thriving hub of entrepreneurship

SANJAY PANDITA
Last updated: March 16, 2025 2:34 am
SANJAY PANDITA
Published: March 16, 2025
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BREAKING BARRIERS

 

Entrepreneurship in Kashmir is witnessing a remarkable transformation as young individuals break free from the region’s long-standing economic and political challenges. Known for its breathtaking beauty and rich cultural heritage, Kashmir has historically relied on government jobs, tourism, and handicrafts for economic sustenance. However, frequent political instability, internet shutdowns, and lack of industrial development have hindered large-scale business growth. Despite these obstacles, a new generation of entrepreneurs is emerging, determined to create opportunities and build self-reliance in the region.

One of the biggest challenges for entrepreneurs in Kashmir is the unpredictable political environment. Frequent disruptions in daily life make it difficult for businesses to function smoothly. Startups, which require consistency to build customer trust, often find themselves struggling to operate amidst curfews and internet shutdowns. The digital age has made e-commerce and online marketing essential for business success, but the region’s internet restrictions create major hurdles. Entrepreneurs relying on digital platforms for sales, branding, and customer engagement face significant setbacks whenever the internet is suspended.

Another major challenge is the lack of financial support and infrastructure. Unlike metropolitan cities where startups have access to incubators, accelerators, and venture capitalists, Kashmir has limited financial resources for entrepreneurs. Banks often hesitate to provide loans due to the high-risk business environment. Many young people with innovative ideas struggle to secure funding, forcing them to rely on personal savings or small-scale investments from family and friends. Without adequate financial backing, scaling a business becomes a daunting task.

A deeply ingrained traditional mindset further discourages entrepreneurship in Kashmir. For decades, government jobs have been considered the most stable and prestigious career option. Families often prefer their children to pursue government employment rather than take the risks associated with running a business. This societal pressure, coupled with the fear of failure, prevents many young people from venturing into entrepreneurship. However, despite these barriers, some determined individuals are defying the odds and reshaping the economic landscape of Kashmir.

Several industries in Kashmir offer great potential for entrepreneurial growth. The handicraft sector, known for its exquisite Pashmina shawls, carpets, papier-mâché, and walnut woodwork, is witnessing a revival as young entrepreneurs take these traditional crafts to global markets. With the rise of e-commerce platforms like Amazon, Etsy, and social media, artisans can now reach customers worldwide without relying on middlemen. This direct-to-consumer approach is increasing profits and ensuring fair wages for artisans, preserving Kashmir’s rich craftsmanship.

Tourism, another major industry in Kashmir, is also experiencing innovation. Young entrepreneurs are introducing boutique hotels, homestays, adventure tourism, and eco-tourism experiences to attract travelers. Unlike traditional tourism businesses that depend on seasonal visitors, these new ventures are offering customized experiences that cater to niche markets. Adventure sports like trekking, skiing, and paragliding are gaining popularity, attracting adventure enthusiasts from across India and abroad.

Agriculture is another sector where entrepreneurship is making a significant impact. With Kashmir’s fertile land and ideal climate, young entrepreneurs are investing in organic farming, saffron cultivation, beekeeping, and herbal product manufacturing. Branding Kashmiri agricultural products as premium and organic has opened up new markets, allowing local farmers to compete on a national and international level. Many startups are working on innovative packaging and marketing strategies to promote Kashmiri saffron, honey, and dried fruits globally.

Technology-driven businesses are also slowly gaining traction in Kashmir. Despite the challenges posed by internet restrictions, young tech entrepreneurs are setting up digital marketing agencies, IT services, and software development firms. By outsourcing work and leveraging remote working models, some Kashmiri startups have been able to establish themselves in the digital economy. These businesses not only create employment for local youth but also help other small businesses build an online presence.

The education sector is another area where entrepreneurs are filling gaps. With limited access to quality educational institutions and skill development programs, many young professionals are starting coaching centers, online learning platforms, and vocational training institutes. These initiatives are equipping Kashmiri students with industry-relevant skills, enabling them to compete in national and international job markets. By offering courses in coding, digital marketing, entrepreneurship, and career counseling, these startups are addressing the region’s educational needs.

Several success stories highlight the resilience and innovation of Kashmiri entrepreneurs. Sanna Shaikh, a young businesswoman from Srinagar, started an online store selling Kashmiri handicrafts. By collaborating with local artisans and using digital marketing strategies, she has expanded her business internationally, ensuring artisans receive fair wages while preserving the region’s artistic heritage. Javid Ahmad, an agricultural entrepreneur, introduced modern farming techniques to saffron cultivation. By branding his saffron as “100% Organic Kashmiri Saffron,” he has gained recognition in global markets, exporting his product to the Middle East and Europe. Amaan Dar, a tech entrepreneur, founded a digital marketing agency despite frequent internet disruptions. Through remote collaboration and outsourcing, he has built a successful business that provides employment to young professionals in Kashmir.

Recognizing the potential of startups in Kashmir, the government and private organizations have launched initiatives to support entrepreneurs. Programs like Startup India and Standup India offer financial assistance, skill training, and mentorship. The Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) provides business training, incubation support, and funding opportunities for aspiring entrepreneurs. Additionally, private investors and NGOs are stepping in to support small businesses, helping them scale and sustain themselves in a challenging environment.

For entrepreneurship to thrive in Kashmir, several steps must be taken. Improved infrastructure, stable internet connectivity, and better access to finance are crucial. Banks and financial institutions should introduce special loan schemes for startups, encouraging young entrepreneurs to take business risks. Skill development programs should be expanded to equip youth with entrepreneurial skills, reducing dependency on government jobs. Schools and colleges must promote a startup culture by introducing business competitions, incubators, and entrepreneurship-focused education. The government should implement policies that attract investors and provide tax benefits to local businesses.

Despite the numerous challenges, entrepreneurship in Kashmir is gaining momentum. A new generation of business-minded individuals is proving that innovation, resilience, and determination can overcome any obstacle. By reviving traditional crafts, modernizing tourism, leveraging technology, and promoting organic farming, Kashmiri entrepreneurs are reshaping the economic landscape. Their efforts are not only creating job opportunities but also fostering a sense of self-reliance in a region long dependent on external support.

The road ahead is not easy, but with continued support and a shift in mindset, Kashmir has the potential to become a thriving hub of entrepreneurship. As more individuals take charge of their economic future, the dream of a self-sufficient, prosperous Kashmir is becoming a reality. The entrepreneurial spirit of Kashmiris, once overshadowed by challenges, is now shining brighter than ever, proving that the valley’s future lies in the hands of those willing to innovate and persevere.

 

(Author is RK Columnist and can be reached at: [email protected])

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