The J&K Government in the year 1988 established J&K State Cable Car Corporation under the Companies Act, 1956 (revised in 2013) and initially authorized capital of Rs. 2500.00 lacs to pursue the main objectives laid down in its Memorandum of Articles and Association which was subsequently raised to 5000.00 lacs and have a paid-up capital of 2357.54 lakhs. Since cable car was established to construct commission and to run the cable car. Initially Gulmarg Gondola Project was entrusted for construction and running of the same on commercial lines and was successfully commissioned in the year 1998 and second phase was commissioned in the year 2005. Subsequently one more project (Jammu Ropeway project as also entrusted to JKSCCC and same is to be inaugurated very soon. The corporation had initially established its Head Office in Zum Zum Complex Rambagh Srinagar. However due to expansion need was felt by the department to have its own corporate office in Srinagar. According land for the proposed office structure was purchased by the department and work for constructions of new office was initiated and the foundation stone for the said office was laid stone in December 2016. Subsequently after soil investigation the designs were finalized and the work was started in 2017. The structure was made operational in November 2019.

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