Goa State Report October 2017

For updated information, please visit www.ibef.org October 2017
GOA
PEARL OF THE ORIENT

Table of Content
Executive Summary……………….….…….3
Advantage State…………………..….……..4
Goa Vision 2035…………………….………5
Goa – An Introduction…………….……..….6
Annual Budget 2016-17.…………..............18
Infrastructure Status……………...………... 20
Business Opportunities…………...…………37
Doing Business in Goa…………..………… 55
State Acts & Policies………….….………… 56

For updated information, please visit www.ibef.orgGOA3
EXECUTIVE SUMMARY
 The iron ore production in the state has increased from 1.78 million tonnes in 2015-16 to 7.1 million tonnes
in 2016-171. Export of iron ore witnessed tremendous growth in 2014-15 after the exclusion of the ban on
the export of iron ore which was effective from October 5, 2012 till November 2013. Exports increased at an
annual growth rate of 1.4% in 2014-15 over 2013-14.
India’s major iron ore
producer
 During 2016-17, the total traffic handled by Mormugao port was recorded to be 33.18 million tonnes, thereby
registering a growth of 59.70% over the previous year, which is the highest growth rate among 12 major
ports of the country.
 Moreover, the average output per ship berth day was recorded to be 12,042 million tonnes during the same
period.
Mormugao Port,
reflected remarkable
growth
 Goa is one of the fastest growing states in the country. Goa’s net state domestic product (NSDP) was US$
8.55 billion in 2016-17.
Strong economic
growth
 Goa is a popular tourist destination due to its natural beauty and bountiful avenues for leisure and relaxation.
During 2016, Goa was the ninth most visited state in terms of footfall of foreign tourists with Foreign Tourist
Arrivals (FTAs) reaching 6,80,683.
Tourist paradise
Source: Economic Survey of Goa, 2014-15, Mormugao Port Trust Goa, Ministry of Mines, Ministry of Tourism, Aranca Research
Note: 1Up to February 2017

ADVANTAGE GOA
High Economic Growth
 GSDP compounded annual growth rate was at about
12.59% between 2005-06 and 2015-16.
 The state has one of the highest per capita GSDP in the
country and stands at about US$ 6,372 in 2015-16.
Facilitating infrastructure
 Goa has a well-developed social, physical and
industrial infrastructure, and virtual connectivity.
 It has an international airport that is in line its ambition
to be a globally recognised leisure destination. It also
has significant port infrastructure.
Rich labour pool
 Goa’s high rate of literacy has attracted knowledge-
based industries such as pharmaceuticals,
biotechnology and IT.
 A large proportion of the population can speak English,
which helps boost the state’s tourism and ITeS
industries.
Strong presence in
mining, tourism and pharmaceuticals
 Abundant reserves of iron ore.
 Established base for the pharmaceuticals industry and
an emerging destination for knowledge-based
industries such as biotechnology and IT.
 High inflow of international tourists driving tourism
revenue.
March 2015
Installed
thermal
power
capacity:
400.02 MW
August 2017
Installed
thermal
power
capacity:
548.08 MW
Advantage
Goa
Source: Economic Survey of Goa, 2014-15, Press Information Bureau GSDP: Gross State Domestic Product

GOA VISION 2035
Vision 2035
Value chains to
success
Preserve beauty
and serenity
Knowledge centric
Governance
 To depend on natural
resources and related logistic
industries, tourism and related
services, healthcare & pharma
industry, etc.
 The state plans to be a
knowledge-centric destination in
the upcoming years.
 The state plans to preserve its
natural beauty at all costs
 To ensure vibrant future for the
habitats of the state.
 The foundation of high
quality governance should
be fairness, accountability
and transparency.
 Goa plans to emerge as the
most well-governed state in
India.
 Goa’s per capita GDP is
twice that of India and the
state aims to exceed that in
the next 25 years.
 In spite of its higher literacy
rate, the state plans to move
one step ahead.
 To conserve Goa’s biodiversity,
embrace responsible mining,
develop tourism sites.
Source: Goa Chamber of Commerce and Industry

GOA FACT FILE
Source: Census 2011
 Goa is located in the western region of India. The state shares its
border with the Arabian Sea to the west, Maharashtra to the north
and Karnataka to the south and the east.
 Languages spoken are Konkani, Marathi, Portuguese, Hindi and
English.
 Goa’s administrative headquarters are located at Panaji (the state
capital) and Margao. The state has two districts: North Goa and
South Goa.
 Goa has a tropical climate, with a monsoons lasting from June to
September. Due to its long coastline, the weather is hot and humid
for the rest of the year.
Parameters Arunachal Pradesh
Capital Panaji
Geographical area (sq km) 3,702
Administrative districts (No) 2
Population density (persons per sq km) 364
Total population (million) 1.46
Male population (million) 0.74
Female population (million) 0.72
Sex ratio (females per 1,000 males) 973
Literacy rate (%) 88.7

GOA IN FIGURES … (1/2)
1Denotes Goa including Maharashtra
Parameter Goa All states Source
Economy 2015-16 2015-16
GSDP as a percentage of all states’ GSDP 0.4 100.0
Advanced Estimates provided by Directorate of
Economics and Statistics Goa
GSDP growth rate (%) 1.48 8.71
Per capita GSDP (US$) 6,372 1,546
Physical Infrastructure 2016-17 2016-17
Installed power capacity (MW) 548.08 329,226.27 Central Electricity Authority, as of August 2017
Wireless subscribers (No) 94,648,9441 1,186,790,005
Telecom Regulatory Authority of India, as of July
2017
Internet subscribers (No) 35,470,0001 431,210,000
Telecom Regulatory Authority of India, as of June
2017
National Highway length (km) 262 100,087.08 NHAI & Roads and Building Department
Major and minor ports (No) 1+5 13+187 India Ports Association
Airports (No) 1 125 Airports Authority of India

GOA IN FIGURES … (2/2)
Note: PPP: Public Private Partnership, SEZ: Special Economic Zone, 1Only notified and formally approved SEZ
Parameter Goa All states Source
Social Indicators
Literacy rate (%) 88.7 73.0 Census 2011
Birth rate (per 1,000 population) 14.4 21.6 Economic Survey 2016-17 and SRS Bulletin
Investments
FDI equity inflows (US$ billion) 0.96 342.40
Department of Industrial Policy & Promotion, From
April 2000 to June 2017
Industrial Infrastructure
Completed and Operational PPP projects
(No)
9 1,565
DEA, Ministry of Finance, Government of India, July
2016
Operational SEZs (No) 101 222
Ministry of Commerce & Industry, Department of
Commerce, September 2017

ECONOMIC SNAPSHOT – GSDP
 At current prices, Goa’s gross state domestic product (GSDP) was
about US$ 7.20 billion in 2015-16.
 The GSDP increased at a compound annual growth rate (CAGR) of
9.75 per cent between 2005-06 and 2015-16.
 Goa’s economic growth is driven by the strong performance of
industrial sectors such as mining, tourism and pharmaceuticals.
Visakhapatnam port traffic (million tonnes)GSDP of Goa at current prices (in US$ billion)
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa GSDP, Economic Survey 2016-17
2.84
3.25
3.66
4.86
5.51
6.14
6.78
6.10
5.75
6.50
7.20
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
CAGR 9.75%

5.90
5.37
4.97
5.63
6.31
8.55
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
ECONOMIC SNAPSHOT – NSDP
 Goa’s net state domestic product (NSDP) was about US$ 8.55 billion
in 2016-17.
 The NSDP grew at a CAGR of 7.70% between 2011-12 and 2016-
17.
Visakhapatnam port traffic (million tonnes)NSDP of Goa at current prices (in US$ billion)
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa NSDP, Economic Survey 2016-17
CAGR 7.70%

ECONOMIC SNAPSHOT – PER CAPITA GSDP
 The state’s per capita GSDP^ was US$ 4,784 one of the highest in
India, during 2015-16.
 Goa’s per capita GSDP increased at a CAGR of 9.20 per cent
between 2005-06 and 2015-16.
Visakhapatnam port traffic (million tonnes)GSDP per capita of Goa at current prices (in US$)
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa Per Capita GSDP, Economic Survey 2016-17
CAGR 9.20%
1,985.0
2,202.0
2,413.0
3,099.0
3,381.0
4,212.0
5,129.0
4,228.0
5,432.0
5,512.0
4,784.0
0.0
1,000.0
2,000.0
3,000.0
4,000.0
5,000.0
6,000.0
7,000.0
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16

ECONOMIC SNAPSHOT – PER CAPITA NSDP
 The state’s per capita NSDP& was US$ 5,637.96 in 2016-17
 Goa’s per capita NSDP increased at a CAGR of 6.96 per cent
between 2011-12 and 2016-17.
 Certain factors, such as substantial foreign exchange earnings from
mining and tourism industries, contributed to the high per capita
NSDP in the state.
Visakhapatnam port traffic (million tonnes)NSDP per capita of Goa at current prices (in US$)
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa per capita NSDP& - Geometric mean of YoY
calculation from 2004-05 to 2014-15
4026.93
3637.50
3349.14
3767.74
4193.09
5637.86
0.00
1000.00
2000.00
3000.00
4000.00
5000.00
6000.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
CAGR 6.96%

ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
 In 2015-16, the tertiary sectorµ accounted for 46.67% of GSDP at
constant prices, followed by secondary sector with a share of
46.45% and the primary sector contributing a share of 6.88%.
 At 7.11%, the tertiary sector had the highest growth among all three
sectors between 2004-05 and 2015-16. It was followed by the
secondary sector (6.92 per cent), and the primary sector (1.67 per
cent).
 Growth in the tertiary sector has largely been driven by the tourism
industry, which facilitated growth of other related industries such as
banking and financial services, real estate, and business services.
Visakhapatnam port traffic (million tonnes)GSDP composition by sector
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa Sector-wise %share of GSDPµ -Geometric mean
of YoY calculation from 2004-05 to 2015-16
12.27%
6.88%
42.54% 46.45%
45.19% 46.67%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2004-05 2015-16
Primary Sector Secondary Sector Tertiary Sector
1.67%
7.11%
6.92%
CAGR

ECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION
 Cashew processing has been a traditional industry in the state.
Cashew apple is also used in the production of feni, a local liquor,
which has become internationally popular. Cashew nut production in
the state witnessed an increase of 15% during 2015-16, with the
volume produced reaching 30,291 tonnes, by 2015-16.
 Agriculture in Goa comprises cultivation of crops like paddy, cashew,
coconut and seasonal vegetables and pulses, and provides
livelihood support to nearly 12% of the state’s 1.5 million population.
Source: Economic Survey of Goa, 2014-15, Indian Horticulture Database 2014-15, National Horticulture Board, State Budget 2016-17
Crop
Annual production
2015-16 (in thousand tonnes)
Fruits 81.28
Vegetables 82.59
Flowers (loose) 0.12
Spices 0.25
Plantation crops 109.45

ECONOMIC SNAPSHOT – EXPORTS
Visakhapatnam port traffic (million tonnes)Fisheries exports from Goa Visakhapatnam port traffic (million tonnes)Iron ore exports from Mormugao Port Trust (‘000 tonnes)
23.2
42.9
41.3
63.3
70.7
69.8
68.3
70.2
18.3
21.5 27.0
37.2
37.8 42.7 32.8 42.9
0.0
20.0
40.0
60.0
0.0
20.0
40.0
60.0
80.0
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
Value (US$ million, LHS) Quantity ('000 tonnes)
604
3,570
14,723
0
3000
6000
9000
12000
15000
2014-15 2015-16 2016-17
Source: Ministry of Mines, Mormugao Port Trust Goa
Item
2013-14 2014-15 2015-16 2016-17
TEUS Tonnage TEUS Tonnage TEUS Tonnage TEUS Tonnage
Frozen fish 2,328 32,804 3,064 42,940 2,308 32,271 3,128 44.735
Zinc oxide 96 1,697 138 2,476 19 320 - -
Pig iron 381 10,328 1,228 33,580 641 17,570 472 12,977
Battery plates 17 354 6 126 3 63 3 67
Coke 36 608 77 1,769 13 180 - -
Iron casting 418 6,455 510 7,511 472 7,226 533 7,586
Pharmaceutical
products
325 2,537 750 6,151 636 5,076 555 4,522
Total export 6,445 101,453 8,682 144,423 8,682 108,286 NA NA
Commodity wise container traffic handled at Mormugao port (tonnage in metric tonnes)

ECONOMIC SNAPSHOT – GOA EXPORT POTENTIAL
Commodities exported from Mormugao Port
Commodities 2013-14 (in million tonnes) 2014-15 (in million tonnes) 2015-16 (in million tonnes) 2016-17 (in million tonnes)
Iron ore & iron ore pellets 0.04 0.60 3.57 14.72
Other ores 0.16 0.27 0.21 NA
Total ores 0.20 0.87 3.78 14.72
Alumina NA 0.02 0.02 0.05
Steel slabs 0.06 0.06 NA 0.14
Hot rolled coils 1.21 1.63 0.84 1.82
Container cargo 0.12 0.17 0.14 0.17
Granite 0.36 0.30 0.31 0.29
Other cargo 0.28 0.27 0.31 0.14
Wheat 0.04 NA NA NA
Sugar 0.06 0.01 0.01 NA
Total exports 2.33 3.33 5.41 17.33
Source: Mormugao Port Trust, Goa; NA – Not available

ECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
 According to the Department of Industrial Policy & Promotion (DIPP),
FDI inflows into the state of Goa, during April 2000 to June 2017,
totaled to US$ 960 million.
 Under the State Budget 2017-18, government has made a provision
of US$ 0.96 million for the Tillari project.
 As per state budget 2017-18, construction of the international airport
at Mopa in Taluka Pernem, will be started in the current fiscal. The
estimated project cost is US$ 467.2 million. The project will be
developed by GMR Airports Limited.
Source: Department of Industrial Policy & Promotion
Visakhapatnam port traffic (million tonnes)FDI equity inflows, 2008-09 to 2017-18 (US$ million)
29
169
302
38
9
17
35
18
83
37
0
50
100
150
200
250
300
350
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
Current Ongoing Projects under GSIDC
Project Category Start Date End Date Status as on July 2016 Estimated Cost (in US$ million)
Construction of Bridge across river Mandovi
at Panaji
Connectivity July 2014 September 2017 40% completed 54.23
Construction of Panchayat Complex at
Chicalim
Public
Amenities
March 2014 February 2016 75% completed 1.26
Establishing infrastructure for Organic
Waste Management Facility
Environment
February
2014
August 2016 80% completed 0.45
Infrastructure works for Sanjay Centre for
Special Education at Bogda, Vasco.
Sports &
Education
November
2014
November 2016 60% completed 1
Construction of Primary Health Centre at
Navelim, Margao, Goa.
Healthcare
Facilities
July 2015 October 2016 32% completed 0.51
1
Note: 1Up to June 2017

ANNUAL BUDGET 2017-18… (1/2)
 The Gross Budget presented for 2017-18 is US$ 2.42 billion as against US$ 2.19 billion in 2016-17. A sum of US$ 145.59 million has been
allocated for social sector, US$ 70.65 million has been allocated for child & women empowerment and US$ 28.26 million for tribal welfare.
 Increase in PWD budget allocation of US$ 282.61 million.
 20 MLD water treatment plant for Panaji will be completed till 2018.
 100 dual pump solar power water supply projects in remote areas will be introduced.
 New sewage system in Candolim & Bicholim. US$ 15.62 million provided for creating additional infrastructure for 36th National Games in 2018.
 US$ 22.31 million allotted to improve public transport, especially to tourist destinations. Dedicated traffic management plan for all major cities in
Goa. Betul, Chapora & Talpana jetties will be upgraded. Focus on total implementation of current IT policy; Startup Promotion Board to be
established. Regional plan to be completed & notified by December 2017.
Source: Finance Department, Government of Goa

ANNUAL BUDGET 2017-18 … (2/2)
Annual budget (estimates in US$ million)
Departments Budget allocations (2017-18)
Education 234.79
Public works 307.76
Sanitation 51.99
Water resources 52.08
Mining 8.59
Agriculture 26.72
Social welfare 48.46
Medical and Public Health 79.63
Tourism 31.07
Panchayats 29.83
Urban development and municipalities 1.49
Sports & youth affairs 32.03
Transport 42.38
Source: State Budget 2015-16, Government of Goa

PHYSICAL INFRASTRUCTURE – ROADS
 NH-17 runs along India's West Coast & links Goa to Mumbai in the
north & Mangalore to the south. NH-4A running across the state
connects Panaji to Belgaum (Karnataka) in the east. As of May 2015,
the construction of 4 state highways, 10 major district roads & 76
rural roads are under progress.
 The state had a road density of 285.49 km per 100 sq. km of area, as
of 2014-15.
 As per budget 2016-17, under the National Highway Development
Programme (NHDP- Phase III), projects for 4 laning of NH-17 as well
as NH-4 received the in-principle approval during 2015-16.
 As per budget 2017-18, work on Zuari Bridge and Mumbai-Goa state
highway is under progress.
 During 2016-17, for construction of a high-level road bridge between
Cottombi & Savoi-Verem, across the Mandovi river, the state
government has proposed an allocation of US$ 3.20 million.
Similarly, for undertaking a 2-lane bridge in order to connect
Caranzalem & Kharwada in Madkai, an amount of US$ 2.49 million
has been proposed during 2016-17.
 As per Budget 2017-18, dedicated cell would be made in PWD to
look after PM Gram Sadak Yojana & other infrastructure works. By
FY’17, Amona Virdi bridge & New Mandovi bridge is slated for
completion, while the work of new Khandepar bridge costing US$
44.18 million will be completed before 2020. Road safety audit worth
US$ 32.73 million to be taken up in 2017.
Road type Road length (km)
National highways 262
State highways 232
District highways 815
Ongoing Road Development Projects
Project Name Project Cost (US$ Million)
Bambolim Goa Subway Conversion
(from pedestrian to motorable)
1.41
Biana to Bogda roads 4.54
Bridge over river Tiracol 12.12
Bridge over river Zuari 5.19
Miramar Circle to NIO Circle and Raj
Bhavan
9.45
Bridge over river Mandovi 55.10
Source: Directorate of Transport PWD: Public Works Department, State Budget 2016-17

 The total railway route in Goa is around 167 km long, comprising two rail
tracks: the Konkan Railways line & the South-Western Railways line. These
routes connect the state to other parts of the country.
 The Konkan Railways line runs from the north to the south and the South-
Western Railways line runs from the west to the east. The rail tracks cross
at the most important junction of the state, the Madgaon railway station;
Vasco-da-Gama is the other important railway station.
 Konkan Railways, which connects Mumbai, Goa & Mangalore, has
considerably boosted tourism. The Mormugao port is connected through a
broad gauge line.
 The Government has pulled off a new double-decker luxury train service on
Konkan Railways route that commutes tourists from Mumbai to Goa.
 In 2015, the Konkan Railway Corporation (KRC) commenced construction
of 3 new railway stations, at Sarzora in South Goa and Neura & Mayem in
North Goa, in addition to its existing 9 stations.
 In order to improve the connectivity between Goa and Mumbai, the
Government of India introduced a Double Decker Express train on
December 6, 2015.
 US$ 14.87 million has been allocated under 2017-18 budget towards
Konkan Railways. 4 railway overbridges are to be built in Goa with financial
support from the Rail Ministry.
 On 22nd May 2017, state-of-the-art, high-speed, 15 coach train Tejas
Express, with a speed of 200 km/hour, made its debut. The train would run
between Mumbai to North Goa, covering a distance of 579 km in 8.5 hours.
The train has 2 classes — executive chair car & chair car, and is equipped
with facilities such as automatic doors, secured gangways, Wi-Fi, LCD
screens, magazines, tea-coffee vending machines, bio-toilets, etc.
Source: Maps of India
PHYSICAL INFRASTRUCTURE – RAILWAYS

 Goa has 1 airport at Dabolim, which functions as a domestic as well as an
international airport. The state is connected to most Indian cities by air.
 The state ranks among the top 10 in all-India air traffic, most of which is
tourism related.
 The state has good connectivity in terms of international flights, including
chartered flights from European countries.
 Passenger footfalls at the Goa airport during 2016-17 reached 68,56,362
with aircraft movement reaching 47,801flights.
 The state introduced a new terminal in February 2014 at Dabolim.
 As per state budget 2016-17, for the establishment of an international
airport at Mopa in Taluka Pernem, on PPP basis, the Government of Goa
has already issued proposals to shortlisted builders. The state has acquired
7.4 million sq. metres of land for the airport. The airport is being designed to
handle 4 million passengers, in addition to the 4 million capacity at Dabolim,
to create a total capacity of 8 million by 2018. The project will be developed
by GMR Airports Ltd. The 1st phase of the airport is expected to be
commissioned during financial year 2019-20.
 Moreover, for the development of the civil aviation sector in the state, an
allocation of US$ 22.33 million has been proposed by the state
government.
 GMR secured a deal worth US$ 687.33 million with the Government of Goa
to develop a greenfield airport at Mopa.
 As per Budget 2017-18, Dabolim airport will be upgraded on a time-to-time
basis even after the completion of Greenfield Mopa international airport.
PHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)
Source: Airports Authority of India, Department of Tourism, Government of Goa Economic Survey of Goa, 2014-15, Goa Investment Policy 2014

PHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)
Goa passenger traffic (million) Goa aircraft movement (Nos.)
Source: Airports Authority of India
Freight handled by Goa airport (tonnes)
2013-14 2014-15 2015-16 2016-17 2017-18
4,767 4,498 4,880 4,103 2,014
24,326
24,018
27,430
26,804
28,904
33,422
39,030
47,801
20,182
0
10,000
20,000
30,000
40,000
50,000
60,000
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2.63
3.08
3.52
3.54
3.89
4.51
5.37
6.86
2.85
0
1
2
3
4
5
6
7
8
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18

PHYSICAL INFRASTRUCTURE – PORTS
 Goa has 255 km of rivers & canals, providing an economical mode
for goods transport. As of March 2016, the total capacity at
Mormugao port stood at 48.79 MT. A total of 5.03 MT of capacity
was added during period 2015-16.
 The River Navigation Department was established to provide safe,
dependable & affordable transport facilities on different ferry routes
of Goa’s inland waters.
 The Mormugao harbour, a multi-purpose general cargo berth
situated in the port town of Vasco-da-Gama, handles local &
international maritime cargo traffic.
 During 2016-17, the total traffic handled by Mormugao port was
recorded to be 33.18 million tonnes, thereby registering a growth of
59.70% over the same period in the previous year, which is the
highest growth rate among 12 major ports of the country.
 In 2015-16, the general cargo traffic handled at the port was
recorded to be 15.75 million tonnes. Moreover, containerised cargo
of 345.42 thousand tonnes of gross tonnage was also handled by
Mormugao port.
 State-of-the-art patrol vessel ICGS Shaunak, the largest & most
advanced new generation OPV was added to Coast Guard fleet in
February 2017.
Major ports  Mormugao
Minor ports
 Panaji
 Chapora
 Betul
 Talpona
 Tiracol
Commodity-wise Traffic Handled at Mormugao Port during
2016-17
Commodity Quantity (metric tonnes)
POL (Petroleum, Oil & Lubricants) 630,000
Iron ore 14,720,000
Coke and coal 12,750,000
Granite 290,000
Container cargo 230,000
Phosporic Acid 3,40,000
Source: Ministry of Shipping, Government of India, Indian Ports Association, Mormugao Port Trust (1) As of October 2015
Ports
Note: P - Provisional

PHYSICAL INFRASTRUCTURE – POWER
 As of August 2017, Goa had a total installed power generation
capacity of 548.08 MW.
 Of the total installed capacity, 499.32 MW was managed by central
utilities and 48.71 MW by private utilities. Thermal power plants
accounted for a significant share in the total installed capacity with
521.32 MW, whereas nuclear energy and renewable energy
contributed 26 MW and 0.76 MW respectively.
 Goa is one of the few states in India to achieve 100% rural
electrification.
 The state generates power from its 48 MW naphtha-based plant of
Reliance Infrastructure Limited and it depends, largely, on the power
allocated from the central generating stations.
 The industrial sector is the largest consumer of electricity, followed
by the domestic sector. Goa Electricity Department controls power
infrastructure in the state.
 The project for laying a gas pipeline by GAIL from Gokak to Goa for
gas transportation to Goa has been completed.
 As per the state budget 2016-17, the state government has taken up
various underground cabling projects for 2016-17 and has made
required financial provisions for these projects.
 As per the state budget 2017-18, the state government will build an
MVA Gas insulated Sub-station at Tuem along with a line to feed this
Sub- station which will cost approximately US$ 16 million.
Visakhapatnam port traffic (million tonnes)Installed power capacity (MW)
Source: Central Electricity Authority, State Budget 2016-17 Economic Survey of Goa, 2014-15
357.2
380.9
386.9
400.2
430.02
400.02
400.02
412.45
540.56
548.1
0.0
100.0
200.0
300.0
400.0
500.0
600.0
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
Note: * August 2017

PHYSICAL INFRASTRUCTURE – TELECOM
 Goa is among the few states in the country to have 100% automatic
telephone systems with a good network of telephone exchanges.
 Goa has a fibre-optic cable network spread through the state; it
provides high-speed access for a wide range of internet-related
services. All the gram panchayats in the state of Goa are connected
with optical fiber.
 In Goa, all the Gram Panchayats are already connected with optical
fibre cable. By the middle of December 2015, total number of post
offices functioning in the state was recorded at 258,
 By the end of July 2017, 20,401,3591 subscribers had submitted
requests for mobile number portability in the state. Moreover, the
tele-density in the state stood at 109.99%1, as of July 2017.
 In December 2016, the Government of Goa announced the launch of
Goa Yuva Sanchaar Yojna, under which the state would be providing
100 minutes of free talk time and 3 GB of internet data every month,
free with a new SIM card.
Source: Economic Survey of Goa, 2014-15, Telecom Regulatory Authority of India
Wireless subscribers(1) 94,648,944
Wireline subscribers(1) 1,839,379
Internet subscribers(1) 35,470,0002
Tele-density(1) 109.99
Post offices 2583
Telecom infrastructure – July 2017
Some of the major telecom service providers
 Bharat Sanchar Nigam Limited (BSNL)
 Tata Indicom
 Bharti Airtel
 Aircel Limited
 Reliance Communications
Note: 1Denotes Maharashtra including Goa, 2As of June 2017, 3As of December 2015

DEVELOPMENT PROJECTS: URBAN
INFRASTRUCTURE
 Panaji is one of the 65 cities identified under the Jawaharlal Nehru
National Urban Renewal Mission (JNNURM).
 Under JNNURM, two projects costing around US$ 15.6 million have
been sanctioned for Panaji. Areas of development under these projects
are heritage conservation and water supply for Panaji and surrounding
areas under the jurisdiction of the corporation of the city of Panaji, Goa.
 As per the state budget 2017-18, the state government has planned
construction of second integrated Municipal Waste Treatment Plant
along with transfer station at Cacora in South Goa on Designed Built
Finance Operate & Transfer (DBFOT) basis.
 As per budget 2017-18, US$ 81.81 million would be allocated for Panaji
under the Smart City mission, 5 major cities to be connected with tourist
places with frequent plying of KTC with a budget of US$22.31 million. All
street lights would be converted to LED lights by December 2017, a 2nd
solid waste treatment plant to be built at Cacora in South Goa, an
amount of US$ 17.25 million has been allocated for garbage
management.
 In 2015, under National Urban Information System (NUIS) scheme,
Cuncolim, Curchorem Cacora, Mapusa, Margao, Mormugao of Goa
have received US$ 1.9 million & US$ 1.3 million is yet to be
received. National Urban Information System was introduced by
Ministry of Urban Development in March 2006. The purpose of this
scheme is to develop the geographic information system database
for 152 towns/cities in the country. In Goa, 5 towns/cities are covered
under this scheme.
 In April 2017, 6 rivers of Goa – Mandovi, Zuari, Chapora, Sal,
Mapusa & Chumbharjua – have been notified by the union
government as national waterways under the National Waterways
Act, 2016.
Source: JNNURM, Ministry of Urban Development, Public Works Department of Goa SJSRY – Swarna Jayanti Shahari Rozgar Yojana NULM – National Urban Livelihoods Mission
Funds allocated to Goa under SJSRY and NULM (US$ million)
0.23
0.37
0.14
0.51
0.13
0.2
0
0.1
0.2
0.3
0.4
0.5
0.6
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Water supply
 Water supply in Goa’s urban and rural areas is 143 and 82 litres per
capita per day (LPCD), respectively.
 Goa’s water tariffs are among the cheapest in the country.
 The state has proposed an investment outlay of US$ 160.1 million for
water supply and sanitation projects in its 12th Five-Year Plan (2012-17).

DEVELOPMENT PROJECTS: PUBLIC PRIVATE
PARTNERSHIP (PPP) PROJECTS
PPP Projects - Goa
Project Name Sector Status Total cost (US$ million)
100 TPD solid waste management
facility unit at Calangute
Water sanitation Operation and Maintenance Stage 22.65
Implementation of municipal solid waste
treatment plant at Bardez in North Goa
Water sanitation Operation and maintenance stage 23.10
Development of Berth No. 7 Transport Operation and maintenance stage 33.60
Construction of Berth 5A; 6A at
Mormugao in South Goa
Transport Operation and maintenance stage 34.15
Bulk cargo berths No. 5A & 6A Transport Operation and maintenance stage 37.42
Re-development of berth 8, 9 and Barge
berth with a capacity of 19.2 MMTPA at
Marmugao port
Transport Under Construction 188.14
Setting up of 10 TPD solid waste
management unit at Pernem
Water sanitation Under Construction 2.33
Construction of cruise terminal at
Aguada
Transport Under Construction 12.42
International Airport (Mopa) Project Transport Pre-construction Stage 465.64
As of July 2017, Goa had 9 PPP projects, of which one project is in pre-construction stage, three projects are under construction and five projects are
in operation and maintenance stage.

DEVELOPMENT PROJECTS: SEZ AND INDUSTRIAL
ESTATES … (1/3)
 As of September 2017, Goa had seven formally approved and three
notified special economic zones (SEZs). However, there are no
operational SEZs in the state and no in-principle approved SEZ.
 On completion, the SEZs would primarily cover knowledge-based
industries such as biotechnology and IT/ITeS. The Goa Industrial
Development Corporation (Goa-IDC) assists in establishing
industries in specific industrial areas and estates. Goa-IDC has
established 20 industrial estates in various talukas of Goa. It plans to
expand eight of these existing units and establish another five
industrial estates.
 The Government is committed to make Goa an aspirational
investment destination for best-in-class manufacturing, tourism,
entertainment and other service industries, including research and
knowledge-based industries. Accordingly, the Government has set
an ambitious target of creating 50,000 jobs by 2019, facilitating new
investments of around US$ 4.2 billion in the state during 2014-19.
29%
29%
14%
14%
14%
IT/ITES
Biotech
IT
Pharmaceuticals
Gems and Jewellery
Sector-wise formally approved SEZs in Goa, September 2017
Sector-wise formally approved SEZs in Goa, September 2017
Sector Developer Number of SEZs
IT/ITeS K. Raheja Corp Pvt. Ltd. 1
Biotechnology
Peninsula Pharma Research
Centre Pvt Ltd
1
Pharmaceuticals Meditab Specialities Pvt Ltd 1
IT/ITeS
Paradigm Logistics and
Distribution Pvt Ltd
1
Gems and
Jewellery
Planet Mercantile Company 1
Biotechnology Inox Mercantile company 1
IT Panchbhoomi Infrastructure 1
Source: Ministry of Commerce & Industry, Department of Commerce, Goa Industrial Development Corporation, Economic Survey of Goa 2014-15

DEVELOPMENT PROJECTS: SEZS AND INDUSTRIAL
ESTATES … (2/3)
Source: Ministry of Commerce & Industry, Department of Commerce
Name of the developer Location Type Area (hectares)
Meditab Specialities Private Limited Bhut Kham, Kerim Industrial Estate, Taluka Ponda, Goa Pharmaceuticals 123.20
Paradigm Logistics and Distribution Private
Limited
Phase IV - Verna Industrial Estate, Goa. IT/ITeS 40.25
K. Raheja Corp Pvt. Ltd. Verna Industrial Area, Goa IT/ITeS 105.91
Peninsula Pharma Research Centre Pvt. Ltd. Sancoale Tal- Mormugao, Goa Biotech 20.365
Planetview Mercantile Company Limited Verna, Goa Gems and jewellery 13.28
Inox Mercantile Company Private Limited Verna, Goa Biotech 48.48
Panchbhoomi Infrastructure Private Limited
Survey No. 260, Village Socorro, Bardez Taluka, North
Goa District, Goa
IT 18.5
Formal approvals granted in the Board of Approvals after coming into force of SEZ Rules
Growth in number of MSMEs since 2000
Year No. of units
2000 5,949
2005 6,954
2010 7,350
2014 7,793

DEVELOPMENT PROJECTS: SEZS AND INDUSTRIAL
ESTATES … (3/3)
Source: Goa Industrial Development Corporation
Taluka Industrial estate
Ponda Bethora, Madkai, Kundai, Shiroda
Pernem Tuem
Bardez Colvale, Mapusa, Pilerne, Tivim
Bicholim Bicholim
Sattari Honda and Pissurlem
Tiswadi Corlim
Salcete Verna, Margao and Cuncolim
Mormugao Sancoale
Quepem Kakoda
Sanguem Sanguem
Canacona Canacona

SOCIAL INFRASTRUCTURE – EDUCATION … (1/2)
 The state has a literacy rate of 88.7 per cent according to the data of
Census 2011; the male literacy rate is 92.65 per cent & the female
literacy rate is 84.66 per cent.
 During 2015-16, the total enrolments in schools were recorded to be
239,884.
 As of 2015-16, the number of government as well as government-aided &
unaided primary schools was recorded to be 1,190. Similarly, the state
recorded 434 middle schools, 403 secondary schools & 104 higher
secondary schools under these categories.
 As per state budget 2017-18, the Government of Goa has proposed to
allocate US$ 6.24 million as financial assistance for Goa University,
 Goa is planning to set up an Indian Institute of Science, Education and
Research, an Indian Institute of Technology (IIT) and an Indian Institute of
Management (IIM) by 2035; to become a leading educational hub in the
country.
 Vasco, Margao & Panaji are proposed to be developed as a smart cities
in the state.
 In Budget 2017-18 the state government allocated US$ 0.89 million
additional grants for primary schools, that impart education in Marathi &
Konkani, 15 additional supervisors & 50 counselors in all schools & higher
secondary’s to be recruited, 11th standard students to be given laptops
with a budget of US$ 7.44 million, transport facility for students, integrated
educational complexes at Mapusa & Margao to be developed.
Source: Economic Survey of Goa, 2014-15, Goa State Budget 2016-17
Total 88.70
Male 92.65
Female 84.66
Literacy rate (%)
Some of the higher education institutions
 Shree Rayeshwar Institute of Engineering and Information
Technology
 Padre Conceicao College of Engineering
 National Institute of Oceanography
 Parvatibai Chowgule College of Arts & Science
 Don Bosco College
 St. Xavier’s College
 BITS Pilani Goa campus

SOCIAL INFRASTRUCTURE – EDUCATION … (2/2)
 Goa has a number of leading engineering, business management,
medical and legal institutes.
 The Maritime School, under the Captain of Ports Department,
Government of Goa, is among the first of its kind in the country.
 As per the state budget 2016-17, under Goa Scholarship Scheme,
the state government proposed to add ten more scholarships for
students by providing a unique 2 year funding window from the date
of their selection.
 The state government is planning to set up its 2nd medical college in
an under-construction district hospital at Margao.
 Goa College of Pharmacy, set up in 1842, is one of the oldest
institutes in India. It offers bachelor’s, master’s & diploma courses in
pharmacy. In 2015, the institute had 60 seats for bachelor's degree,
60 seats for diploma & 23 seats for master’s degree in various fields
of pharmacy.
 As per state budget 2017-18, the Government of Goa has proposed
to implement a new programme in the state for providing yoga
training as well as value education to the students of 350 primary
schools through Education Development Corporation of Goa.
Source: Educational Statistics at a Glance 2015-16, Government of Goa, 12014-15
Primary schools 1,190
Middle schools 434
Secondary schools 403
Higher secondary schools 104
Vocational and professional
institutes
30
1
Teachers training institutes 5
1
Universities & colleges for general
education
25
1
Universities & colleges for
professional education
27
1
Industrial Training Institutes (ITIs) 14
1
Educational infrastructure, 2015-16 (Government, Government
Aided & Unaided)

SOCIAL INFRASTRUCTURE – HEALTH
 The state has better health ratios compared to the rest of the country.
Annually, around 276 persons were served per hospital bed during
2014-15.
 Some of the renowned hospitals in the state include Apollo Victor
Hospital in Margao, Manipal Hospital in Panaji & Vrundavan Shalby
Hospital in Mapusa.
 As of October 2017, the number of primary health centres & sub
centres in Goa were recorded to be 47 and 218, respectively.
 In Budget 2016-17, the state government has proposed to construct
a new building of 44 bedded PHC# Cansaulim & a new building of 12
bedded PHC# Prina during 2016-17. The projects are under
construction as per Budget 2017-18.
 Further, the state government has also made a provision of US$ 2.43
million for buildings, US$ 0.18 million for books & periodicals & US$
0.70 million for various equipment for Goa Medical College.
 A provision of US$ 0.12 million has also been made for supplies and
materials & US$ 3.10 million is allocated for the completion of the
2nd phase of the building of Goa Dental College.
 In the Budget 2017-18 an amount of US$ 22.31 million has been set
aside to set up a burns unit in Goa Medical College (GMC).
 Primary health centres will be upgraded with more beds & the New
South Goa District hospital to be ready for public use in 2018.
 The state government announced ban on use of plastic bags
effective from July 2017. Manufacturing, selling and carrying plastic
bags would lead to imposition of a fine of up to US$ 74.37.
Source: Goa Economy in Figures - 2015, Economic Survey of Goa, 2014-15 1Per thousand persons, 2Per thousand live births PHC# -Primary Health Centre, State Budget 2016-17
Primary health centres 47
Sub centers 218
Community health centres 10
Active district hospitals 3
Active sub-district hospitals 2
Health infrastructure (as of October 2017)
Birth rate
1
14.4
Death rate
1
8.4
Infant mortality rate
2
11.32
Health indicators (2015)

CULTURAL INFRASTRUCTURE
 There are several sports complexes in Panaji, Margao, Ponda & other cities. Football is the major sporting activity; cricket is also growing in
popularity. The state is home to the Goa Football Association & many renowned clubs like Sporting Clube de Goa & the Vasco Sports Club.
 Goa has a number of churches, chapels & convents of unmatched architectural beauty; most of these were built during the Portuguese rule. Some
of the famous churches include Church of St. Francis of Assisi, Basilica of Bom Jesus (mortal remains of St. Francis Xavier enshrined), Lady
Rosary and St. Augustine.
 The 5th Youth Delphic Games 2016 was hosted in Goa from February 1-14, 2016. The game combined 6 art categories & over 70 sub-categories,
with many artistic events and activities. The age limit for participating in these games was between 15 to 25 years.
 The key hotels in Goa include Leela Kempinski, at Cavelossim, Taj Fort Aguada at Bardez, Park Hyatt at Cansaulim & the Intercontinental at
Canacona. The Panjim Inn, Cidade-de-Goa & Majorda Beach Resort are well-known hotels in Margao.
 Goa is popular for traditional forms of performance arts like Natak, Tiatr & Zagor as well as modern art forms like Goan trance.
 Directorate of Sports & Youth Affairs of Goa has launched the Vision 2020 programme in an effort to encourage sports & produce Olympic players
from the state.
 Department of Art & Culture organizes ‘Lokotsav’, to promote handicrafts & folk forms. The 18th Lokotsav festival was organized in January 2016.
Further, as per the budget 2016-17, the state government had proposed to implement a project on Goa’s intangible cultural heritage for its
identification, mapping & development across the state.
 From November 12-22, 2016, the state hosted an international event with 15 of the world's best travel bloggers, to showcase its rich cultural
diversity, history, food, adventure & luxury experience. According to the state tourism department, the event was expected to be witnessed by 4.5
million people across 30 countries, digitally.
 Construction of Konkani Bhavan under Konkani Academy is proposed under state budget 2017-18.
 In December 2016, Goa hosted a new music festival “Wonderwall”, which was curated by the Indian DJ Nikhil Chinappa.
 At the Goa carnival, the Indian Navy float showcased the profile of naval branch of the Indian armed forces, which provides coastal security &
carries out anti-piracy operations.
 Goan film industry announced plans to collaborate with Jharkhand for making films. Under the central government 'Ek Bharat Shreshtha Bharat’
programme, the government of both the states organized a festival at ‘’Inox Courtyard’’ at Panaji on May 27 2017.

INDUSTRIAL INFRASTRUCTURE
Industry clusters Industries
Verna Rubber, plastics, petroleum products, pharmaceuticals, electronics and telecommunication equipment.
Bicholim Engineering, oil products, plastics, leather, textiles, food processing, soaps and agro products.
Kundaim Rubber, plastics, petroleum products, pharmaceuticals, steel fabrications and aluminum furniture.
Margao Printing, plastics, herbal hair oils, cosmetics, ice blocks, engineering items and industrial diamond tools.
Mormugao Shipbuilding and repair.
Corlim
Metal works, engineering, cold storage, food processing, electronic products, paper products, chemicals, paints
and varnishes.
Vasco Shipbuilding and repair.
 Goa Industrial Development Corporation (Goa-IDC) is the nodal agency established for setting up of industrial estates & offering developed plots
to industrial units in the state.
 Goa-IDC has established 20 industrial estates, spread across the state’s talukas & is currently working on the expansion of existing industrial
estates as well as establishing new ones.
 7 ITIs (industrial training institutes) in the state of Goa are covered under the World Bank Assisted Vocational Training Improvement Project
(VTIP) while 1 ITI in the state has been taken up by the central government for upgradation through public private partnership.
Source: Goa Industrial Development Corporation

SMART CITY & AMRUT
 Panaji city is one of the 13 shortlisted cities in Fast Track Mode of City Challenge under Smart Cities Mission of the Ministry of Urban
Development, Government of India. Through participation in this challenge, Panaji aims to fast track the achievement of a world- class city while
retaining its heritage and cultural values. In order to convert Goa into a smart state, the CCP (Corporation of the City of Panaji) has set forth sub
goals to create an enabling environment to preserve local heritage and to promote cultural tourism, to increase engagement of citizens to improve
quality of life, to transform the city into a biodiverse and a sustainable city, to redesign Panaji as an inclusive ecomobile city and to enhance
resource efficiency to attain a landfill- free city.
 The winning area based strategies proposed by Panaji include Retrofitting of Open Spaces Management, of Lake, River Precinct and sea shore
protection, of Heritage areas, of Flood Management and unique projects such as building incubation centers and GIS based property and land
management system.
 As per the Smart City Proposal, the list of projects in Panaji include:
• Area Based Development: Service improvement for urban poor in Mala Fontainhas area, Integrated Urban Water Management, Church
Square Revitalization, Provision of basic services in entire area (2sqkm), etc
• Smart Transportation and Eco Mobility: Digital Enabled System for Public Bike Share System, Air Quality monitoring stations, Smart Parking,
Smart Component for buses (GPS, automated fare collection etc.), etc
• Smart Environmental Services: Trolley Bins with RFID tags, Biometric Attendance in 12 Zonal Offices, CCTV Surveillance of black spots, etc
 Under AMRUT (Atal Mission for Rejuvenation & Urban Transformation) scheme by the Government of India, the city of Panaji has been selected
from the state of Goa. The main aim of the scheme is to promote use of public & non-motorised transport, & provide each household with tap
connections as well as enhance & develop greenery across these local bodies during 2015-16 to 2019-20. The first instalment of Central
Assistance (i.e. 20% of approved amount of Rs. 4.07 crores) has been released to the state of Goa.
Source: Census Organization of India, Smart Cities Mission, Corporation of the City of Panaji, AMRUT

KEY INDUSTRIES … (1/2)
 Apart from having an established iron ore mining industry, Goa has emerged as a manufacturing base for several leading companies in areas
such as fertilisers, tyres & tubes, cement, electrical machinery, fish-net making machines, automatic washing machines, printed circuit boards,
pharmaceuticals & pharmaceutical machinery.
 Mining (iron ore and manganese), pharmaceuticals, iron & steel industries are located in North Goa, while mining & shipbuilding industries are
present in South Goa.
 Tourism is the largest segment in the services sector; the Goa Tourism Development Corporation (GTDC) is responsible for promoting tourism in
the state.
 For the development of ‘Ease of doing business’ and ‘investor friendly ecosystem’ initiatives in the state, the state government has proposed to
establish an EMS (Electronic Monitoring System) that will track the progress of all IPB granted single window clearances, as per state budget
2016-17.
 As per state budget 2016-17, the state government decided to impart skill-based training across various sectors to around 5,000 youths every
year.
 The state is in the process of developing the logistics sector in Goa by forming a special logistics group and constructing several bridges to
address the existing deficiencies with regard to logistics and warehousing.
 As per the state budget 2016-17, the state government proposed to take up the establishment work of a state-of-the-art festival venue as well as
an IFFI Secretariat in the state on PPP basis. For the same purpose, an allocation of US$ 152.8 thousand has been made by Government of Goa.
A dedicated task force is being set up to implement the project on fast track basis, as per Budget 2017-18.
Source: Economic Survey of Goa, 2014-15, State Budget 2016-17
Key industries In Goa
 Tourism
 Food processing
 IT/ITeS
 Biotechnology
 Mining
 Pharmaceuticals
 Fishing

KEY INDUSTRIES – MAJOR CLUSTERS … (2/2)
 The cluster is run by the Goa Pharmaceutical Manufacturers’ Association (GPMA) and accounts for around
12% of the country’s medicine production.
 Principal products manufactured are tablets, capsules, ointments, liquid orals & injectibles.
 The cluster has an annual growth rate of 18-20%; and, currently, 40 units are functioning under the cluster.
 Export of pharmaceutical products from Goa has increased from 2,157 metric tonnes in 2012-13 to 5,076
metric tonnes in 2015-16.
Pharmaceutical cluster
 The cluster is run by Goa Cashew Entrepreneurs’ Welfare Society with 300 functional units.
 Cashew karnel is the major product manufactured.
 Fixed investment of US$ 5.2 million has been made.
 Export of cashew karnels has increased from 532 metric tonnes in 2012-13 to 775 metric tonnes in 2015-16.
Cashew cluster
Source: Ministry of MSME, Government of India, Brief industrial profile of South Goa district

KEY INDUSTRIES – IT/ITeS … (1/2)
 Despite being a small state and a late starter in the IT industry, Goa is ideally placed to
capitalise on the opportunities available in the sector.
 Goa is one of the most literate states in India, with a literacy rate of over 88.7%; most
Goans are conversant with the English language, which is the lingua franca for the IT
industry.
 As per state budget 2016-17, Government of India granted the approval to the state
government for constructing the Electronics Manufacturing Cluster in Tuem by
providing a central assistance of US$ 7.63 million to the state government. The project
is under progress and being developed by Info Tech Corporation of Goa Ltd.
 The state government is also planning to develop an electropreneur park in the Goa
College of Engineering in association with India’s Software Technology Parks and
contribution of local ESDM industry, as per the budget 2016-17.
 The state is close to several business centres, such as Mumbai, Pune and Bangalore,
of the country that provide growth opportunities. Goa University offers a postgraduate
course in computer sciences, and there are over 250 other institutes imparting IT
training and education.
 Info Tech Corporation of Goa Ltd, an undertaking of the state government, initiated the
work of establishing an IT Park at Kadamba Plateau at Tuem during 2015-16.
 Under the budget 2017-18, work for setting up a new IT park in Chimbel is targeted for
completion on priority.
 In April 2017, the state government announced an IT fund worth US$ 25.13 million, out
of which USD 2.23 million is to be used for boosting the startup sector in the state. The
government has also proposed a startup promotion board, and USD 74,371.56 to
encourage incubation centers across the state.
Source: The Directorate of Industries, Trade and Commerce, Government of Goa
Some of the key players
 Smartlink Network Systems Ltd
 Zenith Computer Pvt Ltd
 PCS Technology Ltd
 Crompton Greaves
Rajiv Gandhi IT habitat, Dona-Paula
 Situated seven kilometres away from the state
capital of Panaji.
 Developed on an area of around 95 acres with
the aim to attract IT/ITeS/BPO/KPO industries.
 IT habitat is expected to attract investments to
the tune of US$ 147–184 million.
 Government aims to create employment for
10,000–12,000 persons through this park.

 Formerly D-Link (India) Private Limited, Smartlink Network Systems Ltd is one of India’s leading networking
companies, offering an integrated value proposition that includes design and development, manufacturing, sales &
marketing and service & support. It was established in 1993.
 The company has certified state-of-the-art manufacturing plants as well as a software and Research &
Development (R&D) centre at Verna, Goa. The company earned US$ 0.80 million in revenue during the first
quarter of 2017-18. It has 17 offices in the country.
 Established in 1980, the company is one of the largest personal computer companies in India. It employs around
800 professionals and has 15 branches across the country, with a 60,000 sq ft of production facility in Sancoale
Industrial Estate, Zuari Nagar.
 In 2015-16, the company earned US$ 0.27 million in revenue.
 PCS is an Indian technology company headquartered in Mumbai. The company focuses on facilities management
services, software services as well as computer hardware. The company’s net revenue reached US$ 4.75 million
in 2016-17.
 PCS has a manufacturing facility in Goa, where it produces desktop computers, notebook computers and
servers. It has a production capacity of 7,000 to 8,000 desktop computers per month.
Smartlink Network
Systems Ltd
Zenith Computer Pvt
Ltd
PCS Technology Ltd

KEY INDUSTRIES – MINING … (1/2)
 The mining belt of Goa covers an area of approximately 700 sq km &
is mostly concentrated in the 4 talukas of Bicholim, Salcete,
Sanguem & Quepem.
 Iron ore exports from the state increased from 0.60 million tonnes in
2014-15 to 3.57 million tonnes in 2015-16, thereby witnessing a huge
growth.
 Most mines in Goa are of open-cast type, which necessitates the
removal of over burden overlying the iron ore formations. During
2015-16, the state government created a separate District Mineral
Foundation under the MMDR Act, 1957, as per which the state’s
mining firms need to deposit an additional amount of 30% of the
royalty paid to this fund.
Source: Ministry of Mines, Government of India
Mineral Reserves (In ‘000 tonnes)
Iron ore-hematite 6,42,113
Iron ore-magnetite 2,15,557
Manganese 23,271
Bauxite 53,072
Quartz/silica sand 20,004
Goa mineral reserves
2013-14 2014-15 2015-16
153,400 267,220 209,745
Goa bauxite exports (tonnes)Some of the key players
 Sesa Goa
 The Dempo Group
 V.M. Salgaocar and Company Ltd
 V.S. Chowgule and Company Ltd

 Vedanta Limited, formerly known as Sesa Sterlite, is a well-known mining company in India. It is the flagship company of the
Vedanta Group and is India's largest iron ore exporter in the private sector. The Sesa Group of companies have been involved in iron
ore mining for over five decades. Over the last two decades, the company has diversified into manufacturing of pig iron and
metallurgical coke. As of March 2013, Sesa Goa has the rights to exploration & production of an estimated 433 million tonnes of iron
ore. In 2012-13 and 2013-14, the company produced 3.7 million tonnes and 1.5 million tonnes of iron ore, respectively. Apart from
Goa, it has mining operations in Karnataka. The company reported revenues of US$ 1.42 billion during the first quarter of 2017-18.Vedanta Limited
 The company was founded in 1952 as a mining and export company. It is one of the leading suppliers of processed iron ore to
large steel makers such as POSCO and Nippon Steel Corporation (NSC). The company has its corporate office at Vasco-de-
Gama and mining facilities in four different locations in Goa. It has diversified into the hospitality, shipping, real estate and
education sectors. Over 10 million tonnes of material is handled at the mines every year during iron ore extraction.
V.M. Salgaocar & Bro
Pvt Ltd
 The Dempo Group is one of the state’s leading mining and export companies. It has two subsidiaries for the mining business,
i.e., Dempo Mining Corporation Private Limited and V S Dempo Corporation Private Limited. The company’s key products are
iron ore fines, calibrated iron ore lumps and low-phosphate magnetite concentrates. Dempo has 19 mining leases in Goa,
which are spread across 1,800 hectares.
The Dempo Group
 Chowgule Mining Division is a part of the Chowgule Group. The company has mines and three beneficiation plants in Goa (at
Pale, Tudou and Costi). Chowgule’s run-of-mine ore production exceeds five million tonnes per annum, and its beneficiation
plants produce over 3.5 million tonnes of iron ore and pellets every year.
V.S. Chowgule and
Company Ltd

KEY INDUSTRIES – PHARMACEUTICALS … (1/3)
 Export of pharmaceuticals products from Goa was recorded to be 5,076 metric tonnes during 2015-16.
 The pharmaceuticals industry is one of the major employers in the state.
 A large number of companies, such as Cipla, Aventis and Blue Cross, have set up manufacturing facilities in Goa.
 Apart from the incentives and policy thrust, Goa has been selected because of its ambience and pollution-free environment, which is conducive to
the pharmaceuticals industry.
 Goa Pharmaceutical Manufacturers' Association (GPMA) is a registered body formed with the objective of uniting the pharmaceutical
manufacturers in Goa.
 According to the 2017-18 state budget, the state government has made an allocation of US$ 3.2 million for Deen Dayal Swasthya Seva, which
provides the people of the state with a health cover through the insurance policy scheme, which includes a total of 443 medical treatments and
procedures.
 In November 2016, Prime Minister of the Republic of Mauritius, inaugurated AYUR Herbarium project in North Goa, an initiative in association
with Union AYUSH Ministry.
Source: Ministry of MSME, Government of India
Some of the key players
 Ranbaxy Laboratories Ltd
 Aventis Pharma Ltd
 Blue Cross Laboratories Ltd
 Cipla Ltd

KEY INDUSTRIES – PHARMACEUTICALS … (2/3)
 Established in 1981, Blue Cross has carved a significant niche for itself in the Indian pharmaceuticals market. In
addition to its plant in Nashik, the company has a 12,000 sq m plant in Verna, Goa.
 The company’s products are sold in over 18 countries across the globe. WHO and local Food and Drug
Administration (FDA) have approved the Goan plant. The company produces drugs belonging to major
therapeutic segments like anti-bacterial, pain management, antispasmodic, cough and cold preparations,
cardiology, diabetes, dermatology, anti-ulcer, antipyretics, etc. Blue Cross’s annual sales turnover is around US$
52 million and it has an employee strength of over 1,000.
Blue Cross
Laboratories Ltd
 Sun Pharmaceutical Industries Ltd, one of India's largest pharmaceutical companies, is an integrated, research-
based pharmaceutical company with a global presence The company has 50 manufacturing plants globally and
reported revenues of US$ 288.40 million during the first quarter of 2017-18. The company announced the
acquisition of Ranbaxy Laboratories Limited in April 2014, and completed the acquisition deal in March 2015. The
company manufactures a wide range of generic medicines in its 45 manufacturing sites across the globe.
Sun Pharmaceutical
Industries Ltd
 Established in May 1956, the company has Sanofi-Aventis and Hoechst GmBH as its major share holders. The
Goa site has been certified by the World Health Organisation (WHO). The company’s Goa facility is a global
sourcing site for products, including the Daonil range, Cardace, Frisium, Stilnoct and AmaryI. The Goa site
employs around 230 people.Aventis Pharma Ltd
 Established in 1935, Cipla is one of the oldest pharmaceutical companies in the country. It manufactures and
markets bulk drugs and formulations. The company posted revenues of US$ 429.48 million during the first quarter
of 2017-18, and has a plant in Verna industrial estate. Among other formulations, the Goan plant manufactures
anti-HIV/AIDS drugs that have earned Cipla a strong presence across the globe.Cipla Ltd

KEY INDUSTRIES – TOURISM
 For the year 2017-18, the state government has made an allocation of US$ 31.08
million to the tourism sector.
 Innovative marketing strategies to project Goa as an all-time leisure destination
have resulted in higher tourist inflows over the years.
 As of 2016, the number of passengers who arrived in the state on the basis of e-
tourist visas was recorded to be 1,04,442. Moreover, the state recorded a total of
6,80,683 foreign tourists from over 141 countries across the globe.
 For FY 2016-17 (up to February 13, 2017), the number of charters that landed in
Goa stood at 632 with 1,57518 passengers. As of December 2015, Goa had
3,358 hotels, with a total of 31,767 rooms and a bed capacity of 56,595.
 The state government has been proactive in encouraging public-private
partnerships for promoting tourism by instituting a corpus fund.
 “Tourism by Tourists`” – a campaign started by Goa tourism, in December 2016,
bagged the “Asia Pacific Sabre Award”
 The number of tourists arriving in Goa by chartered flights from Russia witnessed
an increase in December 2016 in comparison with 2015, with the number of
tourists increasing from 20,560 in December 2015 to 29,432 in December 2016.
 With the continuous in-flow of tourists, Russian & European tourists, in
collaboration with locals from Arambol to Patnem, have started offering yoga
training classes to people.
 The Ministry of Tourism of India has sanctioned US$ 15.42 million for
Development of a Coastal Circuit II in Goa under ‘Swadesh Darshan Scheme’.
Source: Department of Tourism, Government of Goa, Economic Survey of Goa, 2014-15
Visakhapatnam port traffic (million tonnes)Tourist arrivals in Goa (in million)
2.21
2.02 2.13 2.2 2.22 2.33
2.62
3.54
4.76
5.65
0.39
0.35
0.38
0.44 0.45 0.45
0.49
0.51
0.54
0.68
0
1
2
3
4
5
6
7
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Domestic Foreign

KEY INDUSTRIES – FISHERIES
 Goa has a coastline of about 104 kms and inland waterways of about
250 km. The coast is full of creeks and estuaries formed by rivers;
101.05 thousand tonnes of marine fish and 4,403 tonnes of inland
fish were harvested in 2016.
 As per the economic survey 2016, 105,456 tonnes of fish were
caught in 2016. Moreover, in order to boost ornamental fish farming
in the state, a model ornamental fish farm is expected to be set up
during 2016-17 by the Department of Fisheries.
 For 2016-17, the state government has also proposed to maximize
the petrol quota from 1,200 litres to 1,700 litres, for the canoes of the
fishermen. For this purpose, a financial assistance of US$ 0.77
thousand will be allocated by the state government.
Visakhapatnam port traffic (million tonnes)Annual fish catch (‘000 tonnes)
Source: Economic Survey of Goa, 2014-15 State Budget 2016-17
91.1 88.7 80.6 87.0
86.1
86.6
87.9 128.1 105.7
101.1
2.4
3.0 3.2 3.3
3.5 3.8 4.6
3.7 4.6
4.4
0.0
1.0
2.0
3.0
4.0
5.0
0.0
20.0
40.0
60.0
80.0
100.0
120.0
140.0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Marine (LHS) Inland (RHS)
Visakhapatnam port traffic (million tonnes)Fish production in Goa (‘000 tonnes)
Source: Department of Animal Husbandry, Dairying and Fisheries,
Ministry of Agriculture, Government of India
77.9
114.1 117.9 115.1
101.1
0
20
40
60
80
100
120
140
2012-13 2013-14 2014-15 2015-16 2016-17(P)
Note: 2016-17(P) - provisional

KEY INVESTMENT PROMOTION OFFICES … (1/2)
Agency Description
Goa Industrial Development
Corporation (Goa-IDC)
 It has been established with the purpose of securing land and assisting in fast and orderly establishment of
industries in the 20 designated industrial areas and estates.
Economic Development
Corporation
 This is a state Government-promoted financial institution to operate and manage government-promoted
financial schemes.
 It acts as an investment company and provides financial assistance to entrepreneurs for starting as well as
expanding business units.
The Goa State Infrastructure
Development Corporation
 This was set up as a Special Purpose Vehicle (SPV), with the basic aim to develop infrastructure in a time-
bound manner.
Goa Handicrafts Rural and Small
Scale Industries Development
Corporation
 It promotes traditional arts and crafts, fashioned by the state’s artists and artisans.
 It performs functions related to procurement and distribution of indigenous and imported raw material,
especially for small scale units.
 It has been instrumental in starting the ‘Deen Dayal Swayamrojgar Yojana’, a scheme to develop self-
employment opportunities for the youth.
Goa Tourism Development
Corporation
 It promotes tourism and related activities in Goa.
 It focuses on developing eco-tourism, heritage tourism, adventure tourism, medical tourism and event
tourism.
Goa Horticulture Corporation
 It promotes investments in export-oriented projects, especially for the cultivation of exotic fruits and
vegetables, floriculture, etc.
 It is entrusted with the development of horticulture estates and establishment of sales outlets for local
produce through establishments called ‘Krishi Ghars’.
Info Tech Corporation of Goa Ltd
(ITG)
 It looks after the development of IT-related infrastructure, ITeS and implementation of the government’s
e-governance objectives.

CONTACT LIST
Udyog Bhavan,
Panaji- 403 001 Goa
Phone: 91-832-2226377
Website: http://www.goaditc.gov.in/
Directorate of Industries, Trade and Commerce
Narayan Rajaram Bandekar Bhavan, T.B Cunha Road,
P.O. Box 59, Panaji - 403 001
Phone: 91-832-2424252
E-mail: goachamber@goachamber.org
Website: http://www.goachamber.org/
Goa Chamber of Commerce & Industry

KEY APPROVALS REQUIRED … (1/2)
Approvals and clearances required Departments to be consulted Estimated time in days
Incorporation of company Registrar of Companies N.A.
Registration, Industrial Entrepreneurs Memorandum (IEM),
Industrial Licences
High Powered Coordination Committee (HPCC) for large
and medium-sized projects, Director of Industries, Trade
and Commerce for small and micro projects
N.A.
Allotment of land Goa-IDC 8 to 15
Permission for land use Goa-IDC 8 to 15
Site environmental approval
Goa State Pollution Control Board and Ministry of
Environment and Forests
60
No objection certificate and consent under Water and
Pollution Control Acts
Goa State Pollution Control Board 7 to 14
Approval of construction activity and building plan Town and Country Planning Authority 30
Sanction of power State Electricity Department Up to 60
Registration under the State Sales Tax Act and Central
and Excise Act
Sales Tax Department and Central and State Excise
Department
N.A.
N.A. – Not Available

APPROVAL PROCESS … (1/2)
 The Goa Industrial Policy 2003 has revamped the single-window clearance mechanism in the state.
 HPCC, chaired by Goa’s Chief Minister, has been appointed responsible for dealing with large projects. Members of the committee include senior-
most officers of concerned state departments.
 The Director of Industries, Trade and Commerce handles small scale industries. The Goa-IDC and the District Industries Centre act as nodal
agencies for various projects in the state. Goa-IDC handles the creation of SEZs in the state.
Greater than US$
1.09 million
HPCC
Department of
Industries, Trade
and Commerce
Director of
Industries, Trade
and Commerce
The Chief Minister
District Industries
Centre
Goa Industrial
Development
Corporation
(Goa-IDC)
Nodal agency
Under the
Chairmanship ofInvestment handled
Below US$ 1.09
million

APPROVAL PROCESS … (2/2)
 Goa Investment Policy 2013, which laid a special thrust on development of Special Investment Regions, aims to kick start investment in Goan
economy.
 This policy aims to articulate various initiatives being undertaken to make Goa a preferred and aspirational investment destination.
 It aims to create an institutional framework for facilitating investments in the thrust areas as well as other areas decided upon by the Investment
Promotion Board (IPB)/Government of Goa on an ongoing basis.
Evaluation and
recommendation by
satellite expert
consultant
IPB decision on
investment proposal
along with all
approving authorities
Check on land
availability in
industrial estates
Process for industrial set up in Goa
15 days Rejection
IPB
approval
Detailed
templatised
proposal submitted
to IPB
Land not available
Land
earmarked
30 days
Evaluation and
recommendation by
satellite consultant
Nodal officer
approval who would
assist with all
approvals Approval
Rejection
Receipt of all
clearances for unit to
establish facility and
start operations
30 days30 days30 days
Preliminary Project
Report submitted to
IPB

COST OF DOING BUSINESS IN GOA
Cost parameter Cost estimate
Industrial land (per sq ft) US$ 10–50
Office space rentals (per sq ft per month) US 60 cents to US$ 2
Residential rentals (for a 2,000 sq ft house per month) US$ 800–1,300
Five-star hotel room (per night) US$ 160–800
Power cost (per kWh) Industrial: US 4.7–7.3 cents
Labour cost (minimum wage per day) US$ 3.9–5.5
Source: Industry sources, Goa-IDC, Ministry of Labour and Employment, Government of India, Electricity Department, Government of Goa

STATE ACTS & POLICIES … (1/2)
 The Government of Goa has introduced the new Goa Investment Policy 2014 in order to boost investor confidence and attract new industries to Goa.
 Main objectives of the new policy include: making Goa an aspirational investment destination by making business a pleasure, for best in class
manufacturing, knowledge-based, tourism, entertainment and other service industries, while improving the environmental and social indicators of the
state.
 The state Government has announced plans to introduce a comprehensive IT policy with the objective of supporting the Electronic System Design
and Manufacturing (ESDM) sector in the state.
 The state Government is working on the new tourism policy with a vision of overall tourism development and to engage with private players to invest
and develop infrastructure in the state.

STATE ACTS & POLICIES … (2/2)
Objectives
IT Policy 2015
 To make state of Goa most preferred destination for investors there by making IT/ITeS/ESDM a vibrant industry
leading to inclusive growth and employment generation.
Mining Lease Policy,
2014
 The state Government can directly auction the leases in order to secure the best returns for the grant of leases by
way of a competitive bidding process.
Goa Investment Policy
2014
 Creating 50,000 jobs and investing US$ 4.2 billion in new projects in the next five years.
 Providing 24x7 high-quality power supply and logistics infrastructure to industries.
Biotech Policy 2006
 To ensure accelerated growth in all areas of the biotechnology sector such as education, research and economic
sectors covering healthcare, agriculture, industry, services, environment management and employment
generation. Objectives of the policy include prioritisation of the thrust areas for basic and applied research and
technology development, and promotion of innovations in R&D by providing financial and infrastructural support.
Goa Special Economic
Zone Policy 2006
 To augment infrastructure facilities to boost exports.
Industrial Policy 2003
 To ensure accelerated industrial development, catalyse economic growth and balanced regional growth, protect
the environment and create sustainable employment for local youth of the state.
 Key areas identified are pharmaceuticals, drugs and biotechnology, food processing, agro-based, IT and IT-
enabled services, eco-tourism/heritage tourism/adventure tourism/event tourism/medical tourism and
entertainment industries.
Read more
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more
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EXCHANGE RATES
Source: Reserve Bank of India
Exchange rates (Fiscal Year)
Year INR equivalent of one US$
2004-05 44.81
2005-06 44.14
2006-07 45.14
2007-08 40.27
2008-09 46.14
2009-10 47.42
2010-11 45.62
2011-12 46.88
2012-13 54.31
2013-14 60.28
2014-15 60.28
2015-16 65.46
2016-17 67.09
Q1 2017-18 64.46
Q2 2017-18 64.29

DISCLAIMER
India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation with
IBEF.
All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced,
wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or
incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of
IBEF.
This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the
information is accurate to the best of Aranca and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a
substitute for professional advice.
Aranca and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do
they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation.
Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any
reliance placed or guidance taken from any portion of this presentation.

Goa State Report October 2017

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Goa State Report October 2017