JAMMU, Jul 7: Tarun Singla, President of the Bari Brahmana Industries Association (BBIA), was unanimously elected as the Chairman of the Federation of Industries, Jammu (FOIJ) during a meeting of the Federation held on Tuesday. The meeting was attended by the presidents and office bearers of the constituent industrial associations.
As per the constitution of the Federation, the newly elected office bearers include Virendra Jain, President of the Association of Industries, Gangyal; Jatinder Aul, President of the Association of Industries, Digiana; Gagan Jain, President of the Birpur Industries Association; Ajit Lal Bawa, President of the SSI Association, Kathua; and Raman Jolly, President of the SSI Association, Samba, who were elected as Co-Chairmen. Sanjay Langer, General Secretary of the Association of Industries, Gangyal, was elected Secretary General, while Sachin Kapoor, General Secretary of the Bari Brahmana Industries Association, was elected Convener.
After assuming charge, Tarun Singla thanked all the constituent associations for reposing faith and confidence in his leadership. He also acknowledged the contribution of the outgoing Chairman, Virendra Jain, for his dedicated leadership and efforts towards the welfare and development of the industrial sector in Jammu.
Addressing the gathering, Singla said the Federation would work in close coordination with the Government of Jammu and Kashmir and other stakeholders to create a progressive, competitive and industry-friendly environment. He said FOIJ would continue to serve as a united voice of the industrial fraternity and strive for practical policies that promote industrial growth, employment generation and economic development across the Union Territory.
He said the Federation would take up several long-pending issues of both existing and new industrial units on priority. These include a comprehensive support package for the survival and sustainability of existing industries, turnover incentives without restrictive capping, interest subvention, freight subsidy, continuation of SGST reimbursement and other committed industrial incentives.
Singla further demanded the timely release of GST-linked incentives for eligible industrial units undertaking substantial expansion, diversification or additional manufacturing activities. He also stressed the need for marketing support through government procurement reforms, including price and purchase preference for local industries, besides strengthening industrial infrastructure, improving ease of doing business and ensuring policy stability for sustained industrial growth in Jammu and Kashmir.
Reaffirming the Federation’s commitment, Singla said FOIJ would maintain continuous dialogue with the government and work collectively with all industrial associations to safeguard the interests of MSMEs as well as large industries, ensuring balanced and sustainable industrial development across the Union Territory.