J&K Industries Limited, a State Owned Company incorporated in
October, 1963, having authorized share capital of Rs.20.00 Crores, is presently
managing 16 manufacturing units.
The main objective/functions of the company as per its Memorandum and Articles of Association aims to run, manufacture and administer the State Industrial Undertaking in a manner that would ensure their economical working.
At the time of the setting up of the corporation, the most of the units were lying closed, Plant and Machinery had been gutted in fire and in many cases it had become obsolete and lost its efficiency. The JKI managed to revive these units to make them economically viable.
As a result of strenuous efforts of revival, the JKI succeeded in establishing following additional factories in the State:
1. Govt. Bemina Woollen Mills. 1970
2. Govt. R&T Factory Sunderbani 1974
3. Govt. R&T Factory, Rajouri 1974
4. Joinery Mills Baibrahmana, Jammu. 1975
5. Shoddy Spinning Mills. 1995
In the year 1976 the Ply board Industries at Pampore, earlier in joint sector, was transferred to JKI under Industrial Development (Regulation) Act for its management.