Pramod Sawant, Chief Minister of Goa talking on the “Invest Goa 2024” summit, the State’s first-ever such try
| Photo Credit: Special Arrangement
Goa, identified for its pristine seashores and fun-loving tradition is trying to altering gear from being a tourism revenue-led state to an business vacation spot.
Assuring political stability to traders, the state authorities led by Chief Minister Pramod Sawant unveiled a brand new industrial coverage that features ease in land allotments for potential traders.
Considering that it lacks huge stretches of land and the state’s ecologically delicate areas, the administration mentioned it’s only inviting investments from ‘green industries’, which embody logistics and warehousing, IT/ITeS, meals processing, prescribed drugs and biotechnology; electronics manufacturing to title just a few.
The western state on Monday organised its first ever investor’s meet, “Invest Goa 2024”. It was a modest starting at a convention corridor of a 5 star resort with out the presence of high weapons just like the Ambanis, Adanis, Tatas or Birlas.
Dempo Group, which is the state’s largest industrial home introduced it would arrange a 200 rooms 5 star resort and mentioned it might get into energy co-generation. Rasna International introduced organising a Goan cashew based mostly meals processing unit.
TVS Industrial and Logistics Park dedicated to make investments ₹125 crore, the biggest funding introduced on the summit with employment potential for 250 individuals.
The State’s Industry Minister Mauvin Godinho was hopeful extra MoUs would be signed within the coming days. “We do not want big industries here as we lack land. So we have not invited big corporate houses. We want medium and small enterprises to set up non polluting factories,” Mr Godinho mentioned in an interview.
“Today the contribution of tourism and industry is almost same as our GDP. We want to change this and want industry and tourism to to grow,” he mentioned
(The author was on the Summit on the authorities’s invitation)
