1 Company Moved to Jammu Kashmir as 5,137 Firms Shifted Out of 4 Industrial States | Kashmir Life

SRINAGAR: Parliamentary data reveal that one company relocated its registered office to Jammu and Kashmir from Maharashtra between June 1, 2014 and November 1, 2025, even as a total of 5,137 companies moved away from Gujarat, Madhya Pradesh, Maharashtra and Uttar Pradesh to other States during the same period.

The figures appear in the Ministry of Corporate Affairs reply and detailed annexures tabled in the Lok Sabha. The data show a marked concentration of relocations towards established commercial hubs: Delhi and Karnataka were among the largest recipients. For example, companies leaving Maharashtra accounted for 3,191 relocations in total, of which 472 went to Delhi and 460 to Karnataka, while Gujarat saw 846 of its firms relocate to a variety of destinations. The combined totals by origin state were 846 from Gujarat, 389 from Madhya Pradesh, 3,191 from Maharashtra and 711 from Uttar Pradesh, aggregating to 5,137 relocations between mid 2014 and early November 2025.

Only a single inward move to Jammu and Kashmir is recorded in the data for Maharashtra-origin companies. The data also show that 152 of the relocating firms were listed companies. Sectoral distribution for those listed entities is dominated by manufacturing and business services: 26 listed firms moved that are classified under metals and chemicals manufacturing, 19 under business services, 18 under finance, 13 under trading and 11 under construction.

This pattern suggests that relocations are driven by sectoral strategies that favour access to markets, suppliers and infrastructure more readily available in established commercial States.