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KNOW INDIA
Goa
Investment Incentives
Major Industries

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INDIAN STATE : GOA

General Information

Goa, a tiny emerald land on the west coast of India, the 25th State in the Union of States of India, was liberated from Portuguese rule in 1961. It was part of Union territory of Goa, Daman & Diu till 30 May 1987 when it was carved out to form a separate State. Goa covers an area of 3702 square kilometers and comprises two revenue districts viz North Goa and South Goa.

Fact File

Geographical Area 0.04 (lakh sq. km)
Capital Panaji
Population (2001 Census) In lakhs 13.48
Percentage of State Population to All India Population
0.13
Literacy Rate (2001 Census) 82.01%
  • Male
  • Female
88.42%
75.37%
Principal languages Konkani, Marathi and English

* Source: CSO Estimates
Official Website of Government of Goa

Advantage Goa

  • A flourishing trading culture and major port
  • Healthy Investment environment
  • Sufficient power reserves and reasonable tariff rates
  • Government acts as a facilitator
  • Rich natural and human resources
  • Goa is well connected by rail, air, road and sea to the rest of the country
  • High literacy rates
  • Well spread network of banking and financial institutions
  • Goa is strategically located with good infrastructure facilities with a centrally located airport, a seaport and connectivity by excellent road network as also other essential infrastructure like container freight station etc.

Economic Infrastructure

Power

Goa is a power surplus state with a per capita power consumption of 690 Kwh, which is a reliable indicator of the supply of electricity. While the power available in the state has been estimated at 394 MW, the demand stood at 305 MW. Industry contributes approximately 60 per cent of the power revenue using just 50 per cent of the total available units.

Air

Goa is connected by flights to Mumbai, Pune, Bangalore, Delhi and Cochin. Recently, some International flights to Gulf countries have been introduced. International charter flights land in Goa from different countries like UK, Germany, Russia, Finland, Sweden and Norway.

Railways

Goa is connected by Konkan Railway to Mumbai, Mangalore - Kerala. The existing Vasco-Miraj has been converted into broad guage, which has facilitated direct rail journey from Goa to New Delhi. Goa is connected through South Central Railway to Bangalore, Chennai, Hyderabad, etc.

Road

Goa is connected by road to all the major towns in India. But services are available to Mumbai, Pune, Bangalore, Mangalore, Kolhapur and Hyderabad. National Highways NJ4A, NH 17 pass through Goa.

Shipping and Handling

Goa is not a land-locked state. The Mormugao Harbour, a general-purpose cargo berth, situated in the port town of Vasco-da-Gama, handles local and international maritime cargo traffic. It is strategically linked by rail and road to the rest of India and occupies a prominent position as India's premier iron-ore exporting port. Over 23 million tonnes of iron-ore (about 39% of the total iron ore export from India) is exported annually through it to China, Japan, Korea and some European countries.

Telecommunication

Goa is well connected on a national and international Telecom network hub. In addition to BSNL (Bharat Sanchar Nigam Limited) - the back-bone provider owned by the government of India, private players like Reliance, Tata Teleservices, Airtel etc, offer various telecom services, wireless voice and mobile internet. A number Broadband and dial-up connectivity options are available, including satellite link, infrastructure for setting up VPN's, Video Conferencing and Voice telecom.

Thrust Areas

  • Pharmaceuticals, Drugs and Biotech Industries
  • Food processing and Agro based Industries
  • IT and IT-enabled services
  • Eco tourism/Heritage tourism/Adventure tourism/Event tourism/Medical
  • Tourism
  • Entertainment Industry








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