In the fiscal year 2023–2024, it is expected that Jammu and Kashmir's Gross Domestic Product (GDP) will exceed Rs 2.30 lakh crore, with a growth rate of 10 per cent.[7] Along with horticulture and agriculture, tourism is an important industry for Jammu and Kashmir, accounting for about 7% to its economy.[8]

References

  1. 1 2 3 "Jammu and Kashmir Budget Analysis 2026–27". PRS Legislative Research. Retrieved 6 February 2026.
  2. "Jammu and Kashmir Budget Analysis 2026-27". PRS Legislative Research. PRS India. Retrieved 23 February 2026.
  3. "World Economic Outlook October 2025: Implied PPP Conversion rate". Retrieved 6 August 2025.
  4. "Jammu and Kashmir Budget Analysis 2026-27". PRS Legislative Research. PRS India. Retrieved 6 February 2026.
  5. "Jammu and Kasmir Budget Analysis 2026–27". prsindia.org. Retrieved 6 February 2026.
  6. "Sub-national HDI – Subnational HDI – Table – Global Data Lab". globaldatalab.org. Retrieved 4 December 2022.
  7. Akmali, Mukeet (24 March 2023). "J&K's economy projected to grow 10% in 2023-24". Greater Kashmir. Archived from the original on 3 October 2023. Retrieved 6 August 2023.
  8. "Jammu and Kashmir's tourism flourishes, receives highest footfall in 75 years". mint. 7 October 2022. Archived from the original on 30 May 2024. Retrieved 7 October 2022.