In the 19th century, a ferry service used to run between Jaglot (then known as Sai) and Bunji, which provided the only means of communication between Gilgit and Kashmir.

This and the Sai Nala provide several fertile plains, on which some dozen hamlets were raised, all of which have now merged into the village of Jaglot.

Historically, Juglot was strategically important as it lay along the route linking British India to China via the Kashmir region.

The town gained significance for Pakistani forces during the 1984–2003 India–Pakistan conflict over the Siachen Glacier, which remains the highest active battleground in the world.

It has independent power-generation facilities and sufficient electric power to attract a number of flour mills and marble plants.