The delegation left from Delhi Airport in the morning and are expected to visit the army headquarters in Srinagar, where they will have lunch and will be briefed about the current situation.
The MPs will then be taken to two hotels, where they are expected to meet state government officials, traders and houseboat owners.
Members of European Parliament had on Monday called on Prime Minister Narendra Modi and National Security Adviser Ajit Doval in New Delhi.
Modi, while welcoming the delegation to India, expressed the hope that they have a fruitful visit to various parts of the country, including Jammu and Kashmir.
Their visit to Jammu and Kashmir should give the delegation a better understanding of the cultural and religious diversity of the region of Jammu, Kashmir and Ladakh; apart from giving them a clear view of the development and governance priorities of the region, Modi said.