One of India’s most popular tourist destinations, Goa is home to a mix of old heritage and modern cosmopolitan traditions.
Goa's economic growth is driven by the strong performance of its industrial sectors such as fishing, agriculture, tourism, and pharmaceuticals
Popular with tourists for beaches and cosmopolitan culture.
Goa’s GSDP was US$ 11.14 billion in 2020-21
Goa's installed power generation capacity of 608.28 MW
Goa has a coastline of about 104 kms and inland waterways of about 250 kms
The State has a literacy rate of 88.7%
US$ 2.18 billion
the state’s merchandise exports In FY22
is one of India's 12 major seaports, a leading iron ore exporting hub, and has handled 1,858 thousand tonnes of cargo traffic in April 2022
islands around Goa have been identified for economic development.
US$ 130.26 million
Exports of iron ore from the State in FY21
is the largest contributor to the state's GDP under the services sector.
Special Economic Zones (SEZs)
As of July 2021, Goa had seven formally approved and three notified special economic zones
Here are the leading sectors with opportunities for foreign investors
French drugmaker Sanofi operates a manufacturing plant in Goa
American drugmaker Merck operates a manufacturing plant in Goa
American food giant Coca-Cola operates a production plant in Goa
Consumer electronics brand IFB has manufacturing operations in Goa
Food conglomerate Nestle operates a manufacturing plant in Goa
has identified Panaji as a candidate for sustainable urban development
being set up at Mopa in North Goa to cater to the spike in air traffic
and MSME industrial parks for light engineering, IT and food processing
is to be launched by the Ministry of Power and Department of New & Renewable Energy (DNRE) and the Energy Efficiency Services Limited (EESL).
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments