Young Entrepreneur Dies of Cardiac Arrest; Kashmir Industry Group Flags Rising Stress in Industry | Kashmir Life

SRINAGAR: The industrial fraternity across Kashmir under the banner of Federation of Chambers of Industries Kashmir (FCIK) has expressed deep grief over the demise of young entrepreneur Riyaz Ahmad Wani, who passed away following a cardiac arrest.

In his forties, Riyaz Ahmad Wani was the driving force behind Habco Industries at Industrial Estate Rangreth. He was widely regarded in the business community for his hard work, humility and vision.

His sudden demise has left fellow entrepreneurs shocked and saddened, with members of the industrial fraternity describing him as a respected industrialist and a compassionate human being.

A condolence delegation from FCIK led by Shahid Kamili visited the bereaved family to express solidarity, while a large number of entrepreneurs joined the congregational Fateh on Sunday and prayed for eternal peace to the departed soul.

Former FCIK presidents including Meraj Qureshi, Shakeel Qalander, Zahoor Ahmad Bhat, Mohammad Ashraf Mir and Mukhtar Yousuf were among hundreds of entrepreneurs who paid tributes to the deceased and offered prayers.

Industry leaders said the passing of Riyaz Ahmad Wani has once again highlighted the growing pressure being faced by entrepreneurs in Kashmir.

“Mounting uncertainties, financial strain, shrinking margins and an increasingly fragile business environment are taking a heavy human toll,” industry representatives observed, adding that the loss of another young entrepreneur was a painful reminder that stress in industry is no longer merely an economic issue but a matter affecting lives.

Meanwhile, the Association of Industrialists Rangreth also held a condolence meeting under the chairmanship of Dawood Ahmad to pay tributes to the departed entrepreneur and express solidarity with the bereaved family.

Participants at the meeting remembered Riyaz Ahmad Wani as a warm-hearted friend, respected industrialist and noble human being whose kindness and services touched many lives.