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Kashmir’s Startup Boom Is Half Real, and the Other Half Could Sink It

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A senior official stood before a room of young founders in Srinagar last year and said something nobody expected to hear at an entrepreneurship event: Kashmir remains twenty years behind in building a genuine startup culture. 

The audience had just absorbed an hour of upbeat statistics about growth and innovation. The silence that followed said more than the applause that came before it.

That silence is worth sitting with, because Kashmir’s startup story is really two stories stitched together. 

One is authentic and hard-won, the other is manufactured for social media, built on certificates and handshake photos rather than revenue. 

Telling them apart is not an academic exercise. It’s the difference between giving Kashmiri youth a real path out of massive youth unemployment and selling them a mirage.

Start with what’s genuine. 

DPIIT-recognized startups in Jammu and Kashmir climbed from 237 in 2020 to more than 1,446 by early 2026, a jump near 500 percent. The J&K Startup Policy 2024-27 sets a target of 2,000 startups and a ₹250 crore venture fund by 2027. 

More than a dozen incubators now operate out of IIM Jammu, IIT Jammu, IUST Awantipora and the University of Kashmir. Curve Electric, an e-bike sharing startup from the valley, pitched on Shark Tank India’s fourth season and won national attention. 

Given decades of discord, brain drain and dependence on government jobs, this counts as a real shift in how young Kashmiris think about work.

But registration is not revenue, and a television appearance is not........

© Kashmir Observer