GOA PEARL OF THE ORIENT - February 2018 - IBEF
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GOA PEARL OF THE ORIENT For updated information, please visit www.ibef.org February 2018
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
EXECUTIVE SUMMARY
Around 32.29 million tonnes of iron ore was extracted from 44 operational mines in the state between
India’s major iron ore September 2015 and October 2017.
producer
Exports of iron ore reached 17.64 million tonnes between September 2015 and November 2017.
During 2016-17, the total traffic handled by Mormugao port was recorded to be 33.18 million tonnes,
Mormugao Port,
registering a growth of 59.70% over the previous year, which is the highest growth rate among 12 major
reflected remarkable ports of the country. The port handled 21.35 million tonnes of cargo in 2017-18*.
growth
The average output per ship berth day was recorded to be 12,042 million tonnes during the same period.
Strong economic Goa is one of the fastest growing states in the country. Goa’s net state domestic product (NSDP) was US$
growth 8.55 billion in 2016-17.
Goa is a popular tourist destination due to its natural beauty and bountiful avenues for leisure and relaxation.
Tourist paradise During 2016, Goa was the ninth most visited state in terms of footfall of foreign tourists with Foreign Tourist
Arrivals (FTAs) reaching 680,683.
Note: * up to January 2018
Source: Economic Survey of Goa, Mormugao Port Trust Goa, Ministry of Mines, Ministry of Tourism, Indian Express
3 GOA For updated information, please visit www.ibef.org
ADVANTAGE GOA
March 2015 High Economic Growth Facilitating infrastructure January
GSDP compounded annual growth rate was at about Goa has a well-developed social, physical and 2018
Installed 12.55% between 2011-12 and 2016-17. industrial infrastructure, and virtual connectivity.
Installed
thermal The state has one of the highest per capita GSDP in the It has an international airport that is in line its ambition thermal
power country and stands at about US$ 6,044.5 in 2016-17. to be a globally recognised leisure destination. It also
power
capacity: has significant port infrastructure.
capacity:
400.02 MW 521.32 MW
Advantage
Goa
Strong presence in Rich labour pool
mining, tourism and pharmaceuticals Goa’s high rate of literacy has attracted knowledge-
Abundant reserves of iron ore. based industries such as pharmaceuticals,
biotechnology and IT.
Established base for the pharmaceuticals industry and
an emerging destination for knowledge-based A large proportion of the population can speak English,
industries such as biotechnology and IT. which helps boost the state’s tourism and ITeS
industries.
High inflow of international tourists driving tourism
revenue.
Note: 2016-17 estimate for GSDP based on NSDP figures – GSDP is calculated as percentage of NSDP based on data for FY12-16
Source: Economic Survey of Goa, 2014-15, Press Information Bureau GSDP: Gross State Domestic Product
4 GOA For updated information, please visit www.ibef.org
GOA VISION 2035
The foundation of high The state plans to preserve its
quality governance should natural beauty at all costs
be fairness, accountability To ensure vibrant future for the
and transparency. habitats of the state.
Goa plans to emerge as the To conserve Goa’s biodiversity,
most well-governed state in Governance Preserve beauty embrace responsible mining,
India. and serenity develop tourism sites.
Vision 2035
Goa’s per capita GDP is
Value chains to Knowledge centric In spite of its higher literacy
twice that of India and the
success rate, the state plans to move
state aims to exceed that in
one step ahead.
the next 25 years.
To depend on natural
resources and related logistic The state plans to be a
industries, tourism and related knowledge-centric destination in
services, healthcare & pharma the upcoming years.
industry, etc.
Source: Goa Chamber of Commerce and Industry
5 GOA For updated information, please visit www.ibef.orgGOA FACT FILE
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 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.
Source: Census 2011
6 GOA For updated information, please visit www.ibef.orgGOA IN FIGURES … (1/2)
Parameter Goa All states Source
Economy 2016-17 2016-17
Aranca Estimates based on NSDP figures provided by
GSDP as a percentage of all states’ GSDP 0.4 100.0
Directorate of Economics and Statistics, Goa
Aranca Estimates based on NSDP figures provided by
GSDP growth rate (%) 12.5 10.98
Directorate of Economics and Statistics, Goa
Aranca Estimates based on NSDP figures provided by
Per capita GSDP (US$) 6,044.5 1,611
Directorate of Economics and Statistics, Goa
Physical Infrastructure 2016-17 2016-17
Installed power capacity (MW) 548.08 334,399.83 Central Electricity Authority, as of January 2018
Telecom Regulatory Authority of India, as of
Wireless subscribers (No)1 93,210,472 11,624,7043
November 2017
Telecom Regulatory Authority of India, as of
Internet subscribers (million) 35 429.24
September 2017
National Highway length (km) 262 100,087.08 NHAI & Roads and Building Department
Major and minor ports (No) 1+5 13+187 India Ports Association
Airports (No) 1 125 Airports Authority of India
1Denotes Goa including Maharashtra
7 GOA For updated information, please visit www.ibef.orgGOA IN FIGURES … (2/2)
Parameter Goa All states Source
Social Indicators
Literacy rate (%) 88.7 73.0 Census 2011
Birth rate (per 1,000 population) 12.9 20.4 SRS Bulletin, September 2017
Investments
Department of Industrial Policy & Promotion, From
FDI equity inflows (US$ billion) 0.964 357.47
April 2000 to September 2017
Industrial Infrastructure
Completed and Operational PPP projects DEA, Ministry of Finance, Government of India, July
9 1,565
(No) 2016
Ministry of Commerce & Industry, Department of
Exporting SEZs (No) 0 222
Commerce, December 2017
Note: PPP: Public Private Partnership, SEZ: Special Economic Zone, 1Only notified and formally approved SEZ
8 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – GSDP
At current prices, Goa’s gross state domestic product (GSDP) was GSDP
Visakhapatnam
of Goa at current
port traffic
prices(million
(in US$tonnes)
billion)
about US$ 9.16 billion in 2016-17.
The GSDP increased at a compound annual growth rate (CAGR) of 10.00
CAGR 7.6%
7.6% between FY12-17..
9.00
9.16
Goa’s economic growth is driven by the strong performance of
industrial sectors such as mining, tourism and pharmaceuticals. 8.00
8.14
7.00
7.17
6.00
6.35
5.72
5.39
5.00
4.00
3.00
2.00
1.00
0.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17E
Note: 2016-17 estimate for GSDP based on NSDP figures – GSDP is calculated as percentage of NSDP based on data for FY12-16
Source: Directorate of Economics and Statistics Goa, Government of Goa, Economic Survey 2016-17, Aranca Research
9 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – NSDP
Goa’s net state domestic product (NSDP) was about US$ 8.55 billion NSDP
Visakhapatnam
of Goa at current
port traffic
prices(million
(in US$tonnes)
billion)
in 2016-17.
The NSDP grew at a CAGR of 7.70% between 2011-12 and 2016- 9.00
CAGR 7.70%
17.
8.55
8.00
7.00
6.00
6.31
5.90
5.63
5.37
5.00
4.97
4.00
3.00
2.00
1.00
0.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Source: Directorate of Economics and Statistics Goa, Government of Goa, Economic Survey 2016-17
10 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – PER CAPITA GSDP
The state’s per capita GSDP was US$ 6,044.5 one of the highest in GSDP
Visakhapatnam
per capita of port
Goa traffic
at current
(million
prices
tonnes)
(in US$)
India, during 2016-17.
Goa’s per capita GSDP increased at a CAGR of 6.86% between CAGR 6.86%
2011-12 and 2016-17.
7,000.0
6,000.0
6,044.5
5,409.3
5,000.0
4,797.4
4,337.9
4,000.0
3,876.6
3,628.4
3,000.0
2,000.0
1,000.0
0.0
2011-12
2012-13
2013-14
2014-15
2015-16
2016-
17E
Note: 2016-17 estimate for GSDP based on NSDP figures – GSDP is calculated as percentage of NSDP based on data for FY12-16
Source: Directorate of Economics and Statistics Goa, Government of Goa, Aranca Research
11 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – PER CAPITA NSDP
The state’s per capita NSDP was US$ 5,637.96 in 2016-17. NSDP
Visakhapatnam
per capita of port
Goa traffic
at current
(million
prices
tonnes)
(in US$)
Goa’s per capita NSDP increased at a CAGR of 6.96% between
2011-12 and 2016-17. CAGR 6.96%
Certain factors, such as substantial foreign exchange earnings from 6000.00
mining and tourism industries, contributed to the high per capita
5637.86
NSDP in the state.
5000.00
4000.00
4193.09
4026.93
3767.74
3637.50
3349.14
3000.00
2000.00
1000.00
0.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
Source: Directorate of Economics and Statistics Goa, Government of Goa, Economic Survey 2016-17
12 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
In 2015-16, the tertiary sectorµ accounted for 46.67% of GSDP at Visakhapatnam
GSDP composition
port trafficby
(million
sectortonnes)
constant prices, followed by secondary sector with a share of
46.45% and the primary sector contributing a share of 6.88%..
100%
At 7.11%, the tertiary sector had the highest growth among all three 45.19% CAGR 46.67%
sectors between 2004-05 and 2015-16. It was followed by the 90%
secondary sector (6.92%), and the primary sector (1.67%).
80%
Growth in the tertiary sector has largely been driven by the tourism 7.11%
industry, which facilitated growth of other related industries such as 70%
banking and financial services, real estate, and business services.
60%
50% 42.54% 46.45%
40%
6.92%
30%
20%
10%
12.27%
1.67%
6.88%
0%
2004-05 2015-16
Primary Sector Secondary Sector Tertiary Sector
Source: 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
13 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION
Cashew processing has been a traditional industry in the state. Annual production
Category
Cashew apple is also used in the production of feni, a local liquor, 2016-17 (in thousand tonnes)
which has become internationally popular. During 2016-17, cashew Food-grains 122
nut production in the state was estimated at 30,200 tonnes.
Rice 116.07
Agriculture in Goa comprises cultivation of crops like paddy, cashew,
coconut and seasonal vegetables and pulses, and provides Cashew 30.2
livelihood support to nearly 12% of the state’s 1.5 million population. Arecanut 3
Sugarcane 40.2
Milk 51.36
Source: Economic Survey of Goa, 2014-15, Indian Horticulture Database 2014-15, National Horticulture Board, State Budget 2016-17, DAHD
14 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – EXPORTS
Commodity wise container traffic handled at Mormugao port (tonnage in metric tonnes)
2013-14 2014-15 2015-16 2016-17
Item
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
325 2,537 750 6,151 636 5,076 555 4,522
products
Total export 6,445 101,453 8,682 144,423 8,682 108,286 NA NA
Visakhapatnam
Fisheriesport
exports
trafficfrom
(million
Goatonnes) Iron oreVisakhapatnam
exports from Mormugao
port trafficPort Trust
(million (‘000 tonnes)
tonnes)
37.8 42.7 32.8 42.9 15000 14,723
80.0 37.2 60.0
60.0 21.5 27.0 40.0 12000
40.0 18.3
42.9
41.3
63.3
70.7
69.8
68.3
70.2
20.0 9000
2007-08 23.2
20.0 6,729
0.0 0.0 6000
3,570
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
3000
604
0
Value (US$ million, LHS) Quantity ('000 tonnes) 2014-15 2015-16 2016-17 2017-18*
Note: * up to January 2018, Data is as per latest available information
Source: Ministry of Mines, Mormugao Port Trust Goa
15 GOA For updated information, please visit www.ibef.orgECONOMIC 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
Date: Data is as per latest available information
Source: Mormugao Port Trust, Goa; NA – Not available
16 GOA For updated information, please visit www.ibef.orgECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
According to the Department of Industrial Policy & Promotion (DIPP), FDI equity
Visakhapatnam
inflows, 2008-09
port traffic
to 2017-18
(million(US$
tonnes)
million)
FDI inflows into the state of Goa, during April 2000 to September
2017, was US$ 964 million.
302
350
300
250
169
200
150
83
100
40
38
35
29
18
17
50
9
0
1
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
Note: 1Up to September 2017
Current Ongoing Projects under GSIDC Source: Department of Industrial Policy & Promotion
Project Category Start date End date Status as on July 2016 Estimated cost (in US$ million)
Construction of Bridge across river Mandovi
Connectivity July 2014 September 2017 40% completed 54.23
at Panaji
Construction of Panchayat Complex at Public
March 2014 February 2016 75% completed 1.26
Chicalim Amenities
Establishing infrastructure for Organic February
Environment August 2016 80% completed 0.45
Waste Management Facility 2014
Infrastructure works for Sanjay Centre for Sports & November
November 2016 60% completed 1
Special Education at Bogda, Vasco. Education 2014
Construction of Primary Health Centre at Healthcare
July 2015 October 2016 32% completed 0.51
Navelim, Margao, Goa. Facilities
Date: Data is as per latest available information
17 GOA For updated information, please visit www.ibef.orgANNUAL 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
18 GOA For updated information, please visit www.ibef.orgANNUAL 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
19 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – ROADS
NH-17 runs along India's West Coast & links Goa to Mumbai in the Road type Road length (km)
north & Mangalore to the south. NH-4A running across the state
connects Panaji to Belgaum (Karnataka) in the east. As of May 2015, National highways 262
the construction of 4 state highways, 10 major district roads & 76
rural roads are under progress. State highways 232
The state had a road density of 68.7 km per 1,000 sq. km of area, as District highways 815
of December 2016.
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. The
project was under progress as of February 2017.
As per Budget 2017-18, dedicated cell would be made in PWD to
look after PM Gram Sadak Yojana and other infrastructure works.
Around 65% of the work on New Mandovi bridge was completed as
of August 2017 while work on the 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.
Source: Directorate of Transport PWD: Public Works Department, State Budget 2016-17
20 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – RAILWAYS
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 west to 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.
The Government of India introduced a Double Decker Express train on
December 6, 2015 to improve connectivity between Goa & Mumbai, t.
An amount of 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 May 22, 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 like automatic doors, secured gangways,
Wi-Fi, LCD screens, magazines, tea-coffee vending machines, bio-
toilets, etc.
Source: Maps of India
21 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)
Goa has one 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 47,801 flights.
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.
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. In January 2018, the state government
appointed consultants to monitor the construction of the airport.
Source: Airports Authority of India, Department of Tourism, Government of Goa Economic Survey of Goa, Goa Investment Policy 2014
22 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)
Goa passenger traffic (million) Goa aircraft movement (Nos.)
8 60,000
7
50,000
6.86
6
47,801
40,000
5
5.42
5.37
39,030
36,904
4 30,000
4.51
33,422
3.89
28,904
27,430
26,804
3
3.54
3.52
24,326
20,000
24,018
3.08
2.63
2
10,000
1
0 0
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
2017-18*
Freight handled by Goa airport (tonnes)
2013-14 2014-15 2015-16 2016-17 2017-18*
4,767 4,498 4,880 4,103 3,564
Note: * April – December 2017
Source: Airports Authority of India
23 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – PORTS
Goa has 255 km of rivers & canals, providing an economical mode Ports
for goods transport. As of March 2016, the total capacity at
Mormugao port stood at 48.79 million MT. A total of 5.03 MT of Major ports Mormugao
capacity was added during period 2015-16. The port had a capacity Panaji
of 50.04 million MT during 2016-17.
Chapora
• During 2017-18*, the general cargo traffic handled at the port was Minor ports Betul
recorded to be 21.35 million tonnes.
Talpona
The River Navigation Department was established to provide safe, Tiracol
dependable & affordable transport facilities on different ferry routes
of Goa’s inland waters. Commodity-wise Traffic Handled at Mormugao Port during
2016-17
The Mormugao harbour, a multi-purpose general cargo berth
situated in the port town of Vasco-da-Gama, handles local & Commodity Quantity (metric tonnes)
international maritime cargo traffic.
POL (Petroleum, Oil & Lubricants) 630,000
During 2016-17, the total traffic handled by Mormugao port was
recorded to be 33.18 million tonnes, thereby registering a growth of Iron ore 14,720,000
59.70% over the same period in the previous year, which is the
highest growth rate among 12 major ports of the country. Coke and coal 12,750,000
State-of-the-art patrol vessel ICGS Shaunak, the largest & most Granite 290,000
advanced new generation OPV was added to Coast Guard fleet in
February 2017. Container cargo 230,000
Phosporic Acid 3,40,000
Note: P – Provisional, *up to January 2018
Source: Ministry of Shipping, Government of India, Indian Ports Association, Mormugao Port Trust
24 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – POWER
As of January 2018, Goa had a total installed power generation Visakhapatnam
Installed power
port traffic
capacity
(million
(MW)tonnes)
capacity of 548.08 MW.
600.0
Of the total installed capacity, 499.32 MW was managed by central
utilities, 48.71 MW by private utilities and 0.05 MW by state utilities..
548.1
Thermal power plants accounted for a significant share in the total
540.56
500.0
installed capacity with 521.32 MW, whereas nuclear energy and
renewable energy contributed 26 MW and 0.76 MW respectively.
430.02
Goa is one of the few states in India to achieve 100% rural 400.0
412.45
400.2
400.02
400.02
electrification.
386.9
380.9
357.2
The state generates power from its 48 MW naphtha-based plant of
300.0
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 200.0
by the domestic sector. Goa Electricity Department controls power
infrastructure in the state.
100.0
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 0.0
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
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.
Note: * as of January 2018
Source: Central Electricity Authority, State Budget 2016-17 Economic Survey of Goa, 2014-15
25 GOA For updated information, please visit www.ibef.orgPHYSICAL INFRASTRUCTURE – TELECOM
Goa is among the few states in the country to have 100 per cent Telecom infrastructure – November 2017
automatic telephone systems with a good network of telephone
exchanges. Wireless subscribers(1) 93,210,472
Goa has a fibre-optic cable network spread through the state; it Wireline subscribers(1) 1,779,189
provides high-speed access for a wide range of internet-related
services. All the gram panchayats in the state of Goa are connected Internet subscribers(1)(2) 30,870,000
with optical fiber.
Tele-density(1) 109.06
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,
Moreover, the tele-density in the state stood at 109.061, as of Some of the major telecom service providers
October 2017. Bharat Sanchar Nigam Limited (BSNL)
In December 2016, the Government of Goa announced the launch of Tata Indicom
Goa Yuva Sanchar Yojna, under which the state would be providing
100 minutes of free talk time and 3 GB of internet data every month, Bharti Airtel
free with a new SIM card. Aircel Limited
Reliance Communications
Note: 1Denotes Maharashtra including Goa, 2As of September 2017
Source: Economic Survey of Goa, 2014-15, Telecom Regulatory Authority of India
26 GOA For updated information, please visit www.ibef.orgDEVELOPMENT PROJECTS: URBAN
INFRASTRUCTURE
Panaji is one of the 65 cities identified under the Jawaharlal Nehru National Urban Information System was introduced by Ministry of
National Urban Renewal Mission (JNNURM). Urban Development in March 2006. The purpose of this scheme is to
develop the geographic information system database for 152
Under JNNURM, two projects costing around US$ 15.6 million have
towns/cities in the country. In Goa, 5 towns/cities are covered under
been sanctioned for Panaji. Areas of development under these projects
this scheme.
are heritage conservation and water supply for Panaji and surrounding
areas under the jurisdiction of the corporation of the city of Panaji, Goa. In April 2017, six rivers of Goa – Mandovi, Zuari, Chapora, Sal,
Mapusa and Chumbharjua were notified by the union government as
As per the state budget 2017-18, the state government has planned
national waterways under the National Waterways Act, 2016.
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$22.31 million. All Funds allocated to Goa under SJSRY and NULM (US$ million)
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
0.6
amount of US$ 17.25 million has been allocated for garbage
management. 0.5
0.51
0.4
Water supply
0.3 0.37
Water supply in Goa’s urban and rural areas is 143 and 82 litres per
0.2
capita per day (LPCD), respectively. 0.23
0.2
0.1 0.14 0.13
Goa’s water tariffs are among the cheapest in the country.
0
The state has proposed an investment outlay of US$ 160.1 million for 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
water supply and sanitation projects in its 12th Five-Year Plan (2012-17).
Source: JNNURM, Ministry of Urban Development, Public Works Department of Goa SJSRY – Swarna Jayanti Shahari Rozgar Yojana NULM – National Urban Livelihoods Mission
27 GOA For updated information, please visit www.ibef.orgDEVELOPMENT PROJECTS: PUBLIC PRIVATE
PARTNERSHIP (PPP) PROJECTS
As of November 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.
PPP Projects - Goa
Project Name Sector Status Total cost (US$ million)
100 TPD solid waste management
Water sanitation Operation and Maintenance Stage 22.65
facility unit at Calangute
Implementation of municipal solid waste
Water sanitation Operation and maintenance stage 23.10
treatment plant at Bardez in North Goa
Development of Berth No. 7 Transport Operation and maintenance stage 33.60
Construction of Berth 5A; 6A at
Transport Operation and maintenance stage 34.15
Mormugao in South Goa
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 Transport Under Construction 188.14
Marmugao port
Setting up of 10 TPD solid waste
Water sanitation Under Construction 2.33
management unit at Pernem
Construction of cruise terminal at
Transport Under Construction 12.42
Aguada
International Airport (Mopa) Project Transport Pre-construction Stage 465.64
28 GOA For updated information, please visit www.ibef.orgDEVELOPMENT PROJECTS: SEZ AND INDUSTRIAL
ESTATES … (1/3)
As of December 2017, Goa had seven formally approved and three Sector-wise formally approved SEZs in Goa, December
notified special economic zones (SEZs). However, there are no
operational SEZs in the state and no in-principle approved SEZ. IT/ITES
On completion, the SEZs would primarily cover knowledge-based 14%
29% Biotech
industries such as biotechnology and IT/ITeS. The Goa Industrial
14%
Development Corporation (Goa-IDC) assists in establishing IT
industries in specific industrial areas and estates. Goa-IDC has
14% Pharmaceuticals
established 20 industrial estates in various talukas of Goa. It plans to
29%
expand eight of these existing units and establish another five
Gems and Jewellery
industrial estates.
The Government is committed to make Goa an aspirational
Sector-wise formally approved SEZs in Goa, December 2017
investment destination for best-in-class manufacturing, tourism,
entertainment and other service industries, including research and Sector Developer Number of SEZs
knowledge-based industries. Accordingly, the Government has set
IT/ITeS K. Raheja Corp Pvt. Ltd. 1
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. Peninsula Pharma Research
Biotechnology 1
Centre Pvt Ltd
Pharmaceuticals Meditab Specialities Pvt Ltd 1
Paradigm Logistics and
IT/ITeS 1
Distribution Pvt Ltd
Gems and
Planet Mercantile Company 1
Jewellery
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
29 GOA For updated information, please visit www.ibef.orgDEVELOPMENT PROJECTS: SEZS AND INDUSTRIAL
ESTATES … (2/3)
Formal approvals granted in the Board of Approvals after coming into force of SEZ Rules
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
Phase IV - Verna Industrial Estate, Goa. IT/ITeS 40.25
Limited
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
Survey No. 260, Village Socorro, Bardez Taluka, North
Panchbhoomi Infrastructure Private Limited IT 18.5
Goa District, Goa
Source: Ministry of Commerce & Industry, Department of Commerce
30 GOA For updated information, please visit www.ibef.orgDEVELOPMENT PROJECTS: SEZS AND INDUSTRIAL
ESTATES … (3/3)
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
Source: Goa Industrial Development Corporation
31 GOA For updated information, please visit www.ibef.orgSOCIAL INFRASTRUCTURE – EDUCATION … (1/2)
The state has a literacy rate of 88.7 per ent according to the data of Literacy rate (%)
Census 2011; the male literacy rate is 92.65% & the female literacy
rate is 84.66%. Total 88.70
During 2016-17, the total enrolments in schools were recorded to be Male 92.65
275,464.
As per state budget 2017-18, the Government of Goa has proposed to Female 84.66
allocate US$ 6.24 million as financial assistance for Goa University,
Goa is planning to set up an Indian Institute of Science, Education and Some of the higher education institutions
Research, an Indian Institute of Technology (IIT) and an Indian Institute of Shree Rayeshwar Institute of Engineering and Information
Management (IIM) by 2035; to become a leading educational hub in the
Technology
country.
Padre Conceicao College of Engineering
Vasco, Margao & Panaji are proposed to be developed as a smart cities
in the state. National Institute of Oceanography
In Budget 2017-18 the state government allocated US$ 0.89 million Parvatibai Chowgule College of Arts & Science
additional grants for primary schools, that impart education in Marathi &
Don Bosco College
Konkani, 15 additional supervisors & 50 counsellors in all schools & higher
secondary’s to be recruited, 11th standard students to be given laptops St. Xavier’s College
with a budget of US$ 7.44 million, transport facility for students, integrated
BITS Pilani Goa campus
educational complexes at Mapusa & Margao to be developed.
Source: Economic Survey of Goa, 2014-15, Goa State Budget 2016-17
32 GOA For updated information, please visit www.ibef.orgSOCIAL INFRASTRUCTURE – EDUCATION … (2/2)
Goa has a number of leading engineering, business management, Educational Statistics, 2016-17
medical and legal institutes.
The Maritime School, under the Captain of Ports Department, Primary schools 1,181
Government of Goa, is among the first of its kind in the country.
Middle schools 68
As per the state budget 2016-17, under Goa Scholarship Scheme,
the state government proposed to add ten more scholarships for Secondary schools 401
students by providing a unique 2 year funding window from the date
of their selection. Higher secondary schools 99
The state government is planning to set up its 2nd medical college in Primary level teacher – pupil ratio 1:24
an under-construction district hospital at Margao.
Higher secondary level teacher –
Goa College of Pharmacy, set up in 1842, is one of the oldest 1:19
pupil ratio
institutes in India. It offers bachelor’s, master’s & diploma courses in
Vocational and professional 1
pharmacy. In 2015, the institute had 60 seats for bachelor's degree, 30
institutes
60 seats for diploma & 23 seats for master’s degree in various fields
1
of pharmacy. Teachers training institutes 5
As per state budget 2017-18, the Government of Goa has proposed Universities & colleges for general 1
25
to implement a new programme in the state for providing yoga education
training as well as value education to the students of 350 primary
Universities & colleges for 1
schools through Education Development Corporation of Goa. 27
professional education
1
Industrial Training Institutes (ITIs) 14
Source: Educational Statistics at a Glance 2015-16, Government of Goa, 12014-15
33 GOA For updated information, please visit www.ibef.orgSOCIAL INFRASTRUCTURE – HEALTH
The state has better health ratios compared to the rest of the country. Health infrastructure (as of June 2017)
Annually, around 276 persons were served per hospital bed during
2014-15. Primary health centres 47
Some of the renowned hospitals in the state include Apollo Victor Sub centers 218
Hospital in Margao, Manipal Hospital in Panaji & Vrundavan Shalby
Hospital in Mapusa. Community health centres 10
As of October 2017, the number of primary health centres & sub
Active district hospitals 3
centres in Goa were recorded to be 47 and 218, respectively.
In Budget 2016-17, the state government has proposed to construct Active sub-district hospitals 2
a new building of 44 bedded PHC Cansaulim & a new building of 12
bedded PHC Prina during 2016-17. The projects are under Health indicators (September 2017)
construction as per Budget 2017-18.
1
Further, the state government has also made a provision of US$ 2.43 Birth rate 12.9
million for buildings, US$ 0.18 million for books & periodicals & US$ 1
0.70 million for various equipment for Goa Medical College.
Death rate 6.7
2
A provision of US$ 0.12 million has also been made for supplies and Infant mortality rate 8
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
34 GOA For updated information, please visit www.ibef.orgCULTURAL 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.
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.
35 GOA For updated information, please visit www.ibef.orgINDUSTRIAL INFRASTRUCTURE
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.
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.
Metal works, engineering, cold storage, food processing, electronic products, paper products, chemicals, paints
Corlim
and varnishes.
Vasco Shipbuilding and repair.
Source: Goa Industrial Development Corporation
36 GOA For updated information, please visit www.ibef.orgSMART 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 (2 sq km), 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.
Source: Census Organization of India, Smart Cities Mission, Corporation of the City of Panaji, AMRUT
37 GOA For updated information, please visit www.ibef.orgKEY 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.
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.
Key industries In Goa Biotechnology
Tourism Mining
Food processing Pharmaceuticals
IT/ITeS Fishing
Source: Economic Survey of Goa, 2014-15, State Budget 2016-17
38 GOA For updated information, please visit www.ibef.orgKEY 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.
Pharmaceutical cluster
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.
The cluster is run by Goa Cashew Entrepreneurs’ Welfare Society with 300 functional units.
Cashew karnel is the major product manufactured.
Cashew cluster
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.
Source: Ministry of MSME, Government of India, Brief industrial profile of South Goa district
39 GOA For updated information, please visit www.ibef.orgKEY INDUSTRIES – IT/ITeS … (1/2)
Despite being a small state and a late starter in the IT industry, Goa is ideally placed to
Some of the key players
capitalise on the opportunities available in the sector.
Smartlink Network Systems Ltd
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 Zenith Computer Pvt Ltd
industry.
PCS Technology Ltd
As per state budget 2016-17, Government of India granted the approval to the state
Crompton Greaves
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. Rajiv Gandhi IT habitat, Dona-Paula
The state government is also planning to develop an electropreneur park in the Goa Situated seven kilometres away from the state
College of Engineering in association with India’s Software Technology Parks and
capital of Panaji.
contribution of local ESDM industry, as per the budget 2016-17.
Developed on an area of around 95 acres with
The state is close to several business centres, such as Mumbai, Pune and Bangalore,
the aim to attract IT/ITeS/BPO/KPO industries.
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 IT habitat is expected to attract investments to
training and education. the tune of US$ 147–184 million.
Under the Budget 2017-18, work for setting up a new IT park in Chimbel is targeted for Government aims to create employment for
completion on priority and the development of electronic city at Tuem has been 10,000–12,000 persons through this park.
approved.
In April 2017, the state government announced an IT fund worth US$ 25.13 million, out
of which US$ 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 US$ 74,371.56 to
encourage incubation centres across the state.
Source: The Directorate of Industries, Trade and Commerce, Government of Goa
40 GOA For updated information, please visit www.ibef.orgKEY INDUSTRIES – IT/ITeS … (2/2)
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 Rs 4.39 crore (US$ 0.68 million) in revenue
Smartlink Network during the first third of 2017-18. It has 17 offices in the country.
Systems Ltd
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.
Zenith Computer Pvt
Ltd
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 total income reached Rs 3.04 crore
(US$ 0.47) million in the third quarter of 2017-18.
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.
PCS Technology Ltd
41 GOA For updated information, please visit www.ibef.orgKEY INDUSTRIES – MINING
The mining belt of Goa covers an area of approximately 700 sq km & Goa mineral reserves
is mostly concentrated in the 4 talukas of Bicholim, Salcete,
Sanguem & Quepem. Mineral Reserves (In ‘000 tonnes)
The iron ore in Goa is export oriented with average annual export Iron ore-hematite 6,42,113
from Goa at around 30 million tonnes.
Most mines in Goa are of open-cast type, which necessitates the Iron ore-magnetite 2,15,557
removal of over burden overlying the iron ore formations. During
2015-16, the state government created a separate District Mineral Manganese 23,271
Foundation under the MMDR Act, 1957, as per which the state’s
Bauxite 53,072
mining firms need to deposit an additional amount of 30% of the
royalty paid to this fund.
Quartz/silica sand 20,004
Under state budget 2017-18, US$ 8.6 million has been allocated to
the mining sector.
Goa bauxite exports (tonnes)
2013-14 2014-15 2015-16
Some of the key players
153,400 267,220 209,745
Sesa Goa
The Dempo Group
V.M. Salgaocar and Company Ltd
V.S. Chowgule and Company Ltd
Source: As per latest available data
Source: Ministry of Mines, Government of India
42 GOA For updated information, please visit www.ibef.orgKEY INDUSTRIES – IT/ITeS … (2/2)
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 Rs 12,888 crore (US$ 1.99 billion) during the third
Vedanta Limited
quarter of 2017-18.
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
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
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
43 GOA For updated information, please visit www.ibef.orgYou can also read
