India’s major iron ore • Goa is one of the major iron ore producers in India. The state produced 10.6 million tonnes producer of iron ore during 2012-13.
Leading medicine • Goa accounts for around 12 per cent of total medicines produced in India. The state’s manufacturer pharmaceuticals industry generated US$ 2.1 billion in revenue over 2011-12.
• Goa is one of the fastest growing states in the country. It had the second-highest per Strong economic growth capita NSDP in the country in 2012-13.
• Goa is traditionally known as a tourist paradise for its natural scenery, unique beaches Tourist paradise and cultural diversity. The state attracted 3.1 million tourists, including 492,322 foreign visitors, in 2013.
Source: Economic Survey of Goa 2013–14, Aranca Research Strong growth in • The fisheries sector in Goa recorded the highest production since 2009 at 87,984 tonnes fisheries sector in 2013. Fish exports from the state stood at 32,804 tonnes during 2013-14.
• Goa is the second state in India to achieve a 100 per cent automatic telephone system Quality infrastructure with a solid network of telephone exchanges. Goa is also one of the few power surplus states in the country, and has achieved 100 per cent rural electrification in 2011-12.
Fourth-highest road • Goa has the fourth-highest road density in the country; road density was 285.5 km per 100 density in India sq km as of March 2012 against the national average of 142 km.
• According to 2011 census data, Goa has the fourth-highest literacy rate in the country at High literacy rate 88.7 per cent against the national average of 73.0 per cent.
Source: Economic Survey of Goa 2013-14, Ministry Of Road Transport and Highways, Government of India, Aranca Research Facilitating infrastructure 2013-14 HighGrowing economic demand growth 2016-17F • Goa has a well-developed social, • Average GSDP growth rate was at Installed about 13.5 per cent between 2004– physical and industrial Peak 05 and 2012-13. infrastructure, and virtual power connectivity. electric capacity: • The state has one of the highest per load: capita incomes in the country. • It has an international airport that is 400 MW in line its ambition to be a globally 815 MW recognised leisure destination. It also has significant port infrastructure. Advantage Goa Strong presence in mining, Rich labour pool
tourism and pharmaceuticals • Goa’s high rate of literacy has attracted knowledge-based industries • Abundant reserves of iron ore. such as pharmaceuticals, • Established base for the biotechnology and IT. pharmaceuticals industry and an • A large proportion of the population emerging destination for can speak English, which helps boost knowledge-based industries such the state’s tourism and ITeS as biotechnology and IT. industries. • High inflow of international tourists driving tourism revenue.
Source: Economic Survey of Goa, 2012-13, Planning Commission of India, Press Information Bureau GSDP: Gross Domestic State Product • The state plans to preserve its • The foundation of high 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 • In spite of its higher literacy twice that of India and the Value chains to Knowledge centric rate, the state plans to move state aims to exceed that in success 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 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 Goa
Capital Panaji Geographical area (sq km) 3,702 Administrative districts (No) 2 Population density (persons per sq 394 km) Total population (million) 1.46 Goa is located in the western region of India. The state shares its border with the Arabian Sea to the west, Male population (million) 0.74 Maharashtra to the north and Karnataka to the south and Female population (million) 0.72 the east. Sex ratio (females per 1,000 males) 942 Languages spoken are Konkani, Marathi, Portuguese, Hindi Literacy rate (%)* 88.7 and English.
Goa’s administrative headquarters are located at Panaji (the state capital) and Margao. The state has two districts: North Source: Government of Goa Website: www.goa.gov.in, Census 2011 Goa and South Goa. Parameter Goa All states Source
Economy 2012-13 2012-13
Planning Commission Databook, GSDP as a percentage of all states’ GSDP 0.4 100.0 Annual Plan 2013-14 of Goa Planning Commission Databook, Average GSDP growth rate (%)* 15.8** 15.6** Annual Plan 2013-14 of Goa Planning Commission Databook, Per capita GSDP (US$) 4,055.1 1,414.4 Annual Plan 2013-14 of Goa Physical infrastructure
Installed power capacity (MW) 400.0 248,509.6 Central Electricity Authority, as of May 2014 Ministry of Road Transport & Highways, National Highway length (km) 269 79,116 as of March 2013
Major and minor ports (No) 1+5 13+187 Indian Ports Association
Airports (No) 1 133 Airports Authority of India Social indicators Literacy rate (%) 88.7 73.0 Census 2011
Birth rate (per 1,000 population) 13.1 21.6 SRS Bulletin (www.censusindia.gov.in), 2012
*Calculated in Indian Rupee terms, **2004-05 to 2012-13, SRS: Sample Registration System Parameter Goa All-States Source
Investment
Department of Industrial Policy & Promotion, FDI equity inflows (US$ million) 789 219,407 April 2000 to April 2014
Outstanding investments (US$ billion) 3.5 2,658.2 CMIE (2012-13)
Industrial Infrastructure
PPP projects (No) 2 1,339 www.pppindiadatabase.com
SEZs (No) 3 392.0 Notified as of August 2013, www.sezindia.nic.in
PPP: Public Private Partnership, SEZ: Special Economic Zone At current prices, Goa’s Gross State Domestic Product GSDP of Goa at current prices (in US$ billion) (GSDP) was about US$ 6.4 billion in 2012-13.
7.7 The GSDP increased at a compound annual growth rate CAGR 7.4 (CAGR*) of 13.5 per cent between 2004-05 and 2012-13. 13.5%* 6.4 6.1 5.5 4.9 Goa’s economic growth is driven by the strong performance of industrial sectors such as mining, tourism and 3.7 pharmaceuticals. 3.2
2.8
(Q)
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2012-13 2011-12 (P) 2011-12
Source: Planning Commission, Annual Plan 2013-14 of Goa, Economic Survey of Goa, 2013-2014, *In Indian Rupee terms P- Provisional Estimates, Q – Quick Estimates Goa’s Net State Domestic Product (NSDP) was about US$ NSDP of Goa at current prices (in US$ billion) 5.5 billion in 2012-13. 8.0 CAGR 6.7 The NSDP rose at a CAGR* of 13.3 per cent between 2004- 6.4 6.5 13.3%* 05 and 2012-13. 5.5 5.3 4.8 5.0 4.2
3.5 3.2 2.8 2.5
2.0
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11
2011-12 (P) 2011-12 2012-13 (Q) 2012-13
Source: Planning Commission, Annual Plan 2013-14 of Goa, Economic Survey of Goa, 2013-2014, *In Indian Rupee terms P- Provisional Estimates, Q – Quick Estimates The state’s per capita GSDP was US$ 4,055.1, one of the GSDP per capita of Goa at current prices highest in India, over 2012-13. (in US$)
4,219 Goa’s per capita GSDP increased at a CAGR* of 12.0 per 4,164 4,055 CAGR cent between 2004-05 and 2012-13. 3,584 12.0%* 3,328 3,044
2,413 2,202
1,985
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11
2011-12 (P) 2011-12 2012-13 (Q) 2012-13
Source: Planning Commission, Annual Plan 2013-14 of Goa, Economic Survey of Goa, 2013-2014, *In Indian Rupee terms P- Provisional Estimates, Q – Quick Estimates The state’s per capita NSDP was US$ 3,012.4, one of the NSDP per capita of Goa at current prices highest in India, in 2012-13. (in US$)
Goa’s per capita NSDP increased at a CAGR* of 9.9 per 3,616 3,580 3,146 cent between 2004-05 and 2012-13. CAGR 9.9%* 2,947 3,012 Certain factors, such as substantial foreign exchange 2,699 earnings from mining and tourism industries, contributed to the high per capita NSDP in the state. 2,102
1,718 1,919
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11
2011-12 (P) 2011-12 2012-13 (Q) 2012-13
Source: Planning Commission, Annual Plan 2013-14 of Goa, Economic Survey of Goa, 2013-2014, *In Indian Rupee terms P- Provisional Estimates, Q – Quick Estimates In 2012-13, the tertiary sector accounted for 55.5 per cent GSDP composition by sector (US$ 3.6 billion) of GSDP, followed by the secondary sector (31.8 per cent; US$ 2.1 billion) and the primary sector (12.7 CAGR* per cent; US$ 0.8 billion). 45.3% 16.9% 55.5% At 16.9 per cent, the tertiary sector had the highest growth among all three sectors between 2005-06 and 2012-13. It was followed by the primary sector (12.1 per cent), and the secondary sector (9.6 per cent). 40.8% 9.6% 31.8%
12.1% Growth in the tertiary sector has largely been driven by the 13.9% 12.7% tourism industry, which facilitated growth of other related industries such as banking and financial services, real 2005-06 2012-13 (Q) estate, and business services. Primary Secondary Tartiary
Source: Economic Survey of Goa, 2013-2014 *In Indian Rupee terms Q – Quick Estimates Rice is the major crop in the state followed by coconut, Annual production vegetables, sugarcane, banana and cashew nut. Crop 2012-13 (in tonnes) Over 2012-13, the paddy production in Goa was 184,282 Paddy 184,282 tonnes. Coconut 123*
Groundnut is the principal field oil seed crop in the state. Vegetables 80,511 Sugarcane 46,006 Coconut production in Goa totalled 122.7 million nuts during Banana 25,920 2012-13. Cashew nut 23,804 Cashew processing has been a traditional industry in the Mango 9,040 state. Cashew apple is also used in the production of feni, a Groundnuts local liquor, which has become internationally popular. 7,469 Cashew nut production reached 23,804 tonnes in 2012-13. Pulses 8,974 Pineapple 4,800
Source: Economic Survey of Goa, 2013-14, Directorate of Agriculture, Goa, Horticulture 2012-13, *Million nuts Mining and mineral products are major exporting items from Fisheries exports from Goa the state. 100.0 52.0 42.7 Tourism is a key foreign exchange earning sector for the 37.2 37.8 75.0 33.9 39.0 state. 27.0 21.5 50.0 18.3 26.0 In 2013, fish exports from the state stood at 33,939 tonnes, 63.2 70.7 70.9 70.5 25.0 13.0 realising foreign exchange worth US$ 70.5 million. 45.4 40.4 22.6 Goa is a major iron ore exporting state in the country. 0.0 0.0 2007 2008 2009 2010 2011 2012 2013 Value (US$ million, LHS) Quantity (thousand tonnes, RHS) Exports of iron ore stopped from mid 2012 after a mining ban by the High Court. Source: Economic Survey of Goa, 2013-14
Iron Ore Exports from Goa Exports are expected to ramp up as the central government has recently lifted the ban on iron ore production. 25,000 20,000 15,000 10,000 5,000 0 2009-10 2010-11 2011-12
Iron ore exports Source: mines.nic.in According to the Department of Industrial Policy & Break up of outstanding investments by sectors Promotion (DIPP), FDI inflows for Goa totalled US$ 789 (2013-14) million from April 2000 to April 2014.
During 2013-14, outstanding project investments in the state 5.6% Services were US$ 3.3 billion, with the services sector accounting for 7.0% 77.1 per cent. 0.2% Manufacturing 8.6% 1.5% Some of the large projects under construction include the Irrigation Konkan Railway’s Sky Bus metro rail, the Tillari irrigation project and a part of Power Grid Corporation’s Western Grid Real Estate Strengthening Scheme-II. Mining 77.1% Major projects under the planning stage include Mopa Electricity airport, Panaji-Vasco sea link, Oceanarium and water augmentation project.
Source: CMIE Goa’s government has a planned expenditure of US$ 1,354.2 million for the year 2014-15 compared to US$ Annual Budget 1,245.9 million in 2013-14. (Estimates in US$ million)
Revenue receipt is expected to grow 11.6 per cent, resulting 2013-14 2014-15* in a revenue deficit of US$ 1.6 million for 2014-15. Total receipt 1,212.1 1,352.6 The fiscal deficit stood at US$ 269.3 million for 2014-15, 19.6 per cent higher than US$ 225.2 million for 2013-14. Total 1,245.9 1,354.2 expenditure The budget size for 2014-15 has been estimated at US$ 1,760.0 million against US$ 1,567.0 million in 2013-14. Fiscal deficit 225.2 269.3
Budget highlights: Capital 402.5 NA expenditure Invest in new world class infrastructure projects using private enterprise and capital.
The government plans to make the mining sector Source: Government of Goa debt free by paying US$ 56.7 million to the banks *2014-15 numbers are converted using exchange rate of INR 60/US$ over the next three years. To build two state-of-the-art garbage treatment plants for the state; one at Calangute and the other at Curchorem on a Build- Own-Operate-Transfer (BOOT) basis. Both plants are expected to be ready within a year.
US$ 131.8 million allocated for the social sector; allowance under Griha Aadhar Scheme hiked to US$ 20.1 per month; Ladli Laxmi and DSSS and other schemes to continue.
New industrial estates to be set up at Latambarcem, Shiroda, Sancordem and Poinguinim. Existing industrial estates to be expanded.
Various water works under JICA taken up; water treatment plant at Ganjem, Opa and Zuarinagar in advanced stages of execution; all steps to result in 24*7 water supply for the entire state of Goa over the next three years.
100 greenhouses to be constructed to motivate cultivation of selected vegetables, fruits and flowers; about US$ 5.9 million allocated for Fisheries Department’s various activities. Includes US$ 0.2 million to set up an Aqua Marine Amusement Park.
Loans for farmers under the Krishi Card Scheme hiked to US$ 836.0 at a nominal interest of 0.1 per cent; this would benefit 15,000 odd farmers from June 1, 2014.
Dabolim Airport to be taken up as an Airline Hub.
* 2014-15 numbers are converted using exchange rate of Rs. 60/US$ The state had a road density of 285.5 kms per 100 sq km of area, as of March 2012.
Goa has earmarked an outlay of US$ 234 million towards the development of roads and bridges in its 12th Five-Year Plan (2012–17).
Road length (km) – Road type As of March 2011 National Highways 269* Roads under PWD 5,044.58
Roads under Municipalities 381.74
As of March 2012, total length of roads in the state was Roads under Panchayats 4,724.17 10,768.18 kms. Roads under Forests 74.13 Goa had a total of 269 kms of national highways, as of March 2013. Source: Maps of India, NH-17 runs along India's West Coast and links Goa to Ministry of Road Transport & Highways, Economic Survey of Goa 2011-12 PWD: Public Works Department, *As of March 2013 Mumbai in the north and Mangalore to the south. NH-4A running across the state connects Panaji to Belgaum (Karnataka) in the east. The total railway route in Goa is around 69 km long, comprising two rail tracks: the Konkan Railways line and 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 and Mangalore, has considerably boosted tourism.
The Mormugao port is connected through a broad gauge line.
The government is planning to introduce a new luxury train on the Konkan Railways route to commute tourists from Mumbai to Goa.
Source: Maps of India 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.
The Goa airport received 3,156,536 passengers and handled 24,162 flights during 2012-13*.
The state has introduced a new terminal in February 2014 at Dabolim.
The Goa government is planning to construct a new greenfield international airport at Mopa, in the Pernem taluka, on a BOOT basis. A global tender for the construction of the new airport at Mopa would be floated by the end of July 2014.
The state has acquired 7.4 million sq metres of land for the airport in Pernem taluka, which is expected to have a tourist capacity of eight million.
Source: Airports Authority of India *Data from April 2012 till February 2013 Goa has 255 kms of rivers and canals, providing an economical mode for goods transport. Ports
• The River Navigation Department was established to Major ports Mormugao provide safe, dependable and affordable transport facilities • Panaji on different ferry routes of Goa’s inland waters. • Chapora Minor ports • Betul The Mormugao harbour, a multi-purpose general cargo • berth situated in the port town of Vasco-da-Gama, handles Talpona local and international maritime cargo traffic. • Tiracol
During 2012-13, the Mormugao port handled cargo traffic of around 17.7 million tonnes, which was around three per Source: Ministry of Shipping, Government of India Indian Ports Association cent of total cargo traffic handled by India’s 13 major ports. 2013-14* - Till January 2014 Economic Survey of Goa, 2013-14 For 2013-14*, the port handled a cargo traffic of around 9.5 million tonnes.
About 7.4 million tonnes of iron ore was exported over 2012-13 from the Mormugao port to China, Japan and Italy.
Iron ore exports from the Mormugao port accounted for 27.4 per cent of total iron ore exports from all Indian ports. As of April 2014, Goa had a total installed power generation Expressions of interest have been received by the capacity of 400.02 MW. The state had per capita power government from a number of companies for setting up a consumption of 1,845 kWh* over 2012-13. gas power plant in the state.
Goa is one of the few states in India to achieve 100 per cent The government is in the process of framing congenial rural electrification. regulatory policies to encourage participants to generate power from renewable sources. 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 Installed power capacity (MW) stations.
The industrial sector is the largest consumer of electricity, 430.0 followed by the domestic sector. The Goa Electricity Department controls power infrastructure in the state. 400.2 400.2 The state has received an allocation of a coal block in 380.9 386.9 Chhattisgarh from the Government of India, which has a power generating capacity of 1,800 MW. Under the 357.2 agreement with the developer of the block, Goa is entitled to receive a minimum power of 270 MW.
The project for laying a gas pipeline by GAIL from Gokak to Goa for gas transportation to Goa has been completed. 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
Source: Central Electricity Authority, Economic Survey of Goa, 2012-13 and 2013-14 Goa is among the few states in the country to have 100 per cent automatic telephone systems with a good network of Telecom infrastructure (2011-12) telephone exchanges. # Post offices 263
Goa has a fibre-optic cable network spread through the Public call offices (PCOs)^ 4,157 state; it provides high-speed access for a wide range of internet-related services. Telephone connection^ 150,654*
As of December 2010, Goa had 150,654 telephone Mobile connection^ 179,927* connections and 179,927 mobile connections of Bharat Sanchar Nigam Limited (BSNL).
As of March 2011, there were 137 telephone Some of the major telecom service providers exchanges/telex (BSNL) in the state. Bharat Sanchar Nigam Limited (BSNL) Tata Indicom Bharti Airtel Aircel Limited Reliance Communications
Source: Economic Survey of Goa, 2010-11, Goa Economy in figures – 2012, India Post *As of December 2010 ^Relates to BSNL, #As of January 2013 Panaji is one of the 65 cities identified under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Water supply • Water supply in Goa’s urban and rural areas is 143 The JNNURM city development plan has identified several and 82 litres per capita per day (LPCD), infrastructure projects, with the bulk of investments to be respectively. made in the areas of water supply, urban environment, traffic and transportation. • Goa’s water tariffs are among the cheapest in the country. Under JNNURM, two projects costing around US$ 15.6 • million have been sanctioned for Panaji. Areas of The state has proposed an investment outlay of US$ 160.1 million for water supply and sanitation development under these projects are heritage conservation th projects in its 12 Five-Year Plan (2012–17). and water supply for Panaji and surrounding areas under the jurisdiction of the corporation of the city of Panaji, Goa.
As on March 31, 2014, two other projects have been Source: JNNURM, Ministry of Urban Development, www.urbanindia.nic.in, approved under the JNNURM scheme, with a total Public Works Department of Goa sanctioned amount of US$ 18.1 million. Investment Contract authority Project PPP type Stage (US$ million) Ports
Captain of Ports, Goa Cruise terminal at Aguada 6.5 BOT-Annuity Under construction
Construction of berth 5A and 6A at Mormugao Mormugao Port Trust, Goa 47.8 BOT-Toll In operation port Mormugao Port Trust, Goa Development of coal terminal at Mormugao port 48.5 DBFOT Commissioned Roads
Construction of four/six lanes of Ministry of Road Transport & Maharashtra/Goa border to Panaji- 410.7 BOT-Toll Under construction Highways Goa/Karnataka border of section NH-17
Ministry of Road Transport & Four-laning of Goa/Karnataka border-Panaji, 78.7 BOT-Toll Under construction Highways Goa stretch of NH-4A Airport
Government of Goa New international airport at Mopa in North Goa 460.3 BOOT In planning
Source: http://www.pppindiadatabase.com, National Highways Authority of India, Mormugao Port Trust, Goa BOT: Build-Own-Transfer, BOOT: Build-Own-Operate-Transfer As of March 2013, Goa had seven formally approved and three notified special economic zones (SEZs).
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 state has indicated intentions to expand in the talukas of Salcette, Mormugao, Canacona, Pernem, Bardez, Tiswadi, Ponda and Bicholim, and make new establishments in Latambarcem (Bicholim), Carambolim (Tiswadi), Shiroda (Ponda), Sacordem (Dharbandora) and Poinguinim (Canacona).
The government is in the process of acquiring approximately 3.3 million sq metres of land for these initiatives. The state has already acquired 1,777,593 sq metres of land for expansion of industrial estates at Sancoale, Madkai, Tuem, Colvale and Verna as well as for setting up of new industrial estates at Dhargal in Pernem taluka and Poinguinim in Canacona talukas in line with the Regional Plan for Goa 2021.
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 in the next five years, facilitating a new investment of US$ 4.2 billion in the state. Source: www.sezindia.nic.in Goa Industrial Development Corporation Governor’s speech quoted by Business Standard Notified Special Economic Zones (SEZs)
Name/developer Primary industry Location
Meditab Specialities Private Limited Pharmaceuticals Taluka Ponda
Penisula Pharma Research Centre Pvt Ltd Biotechnology Mormugao
K Raheja Corp Pvt Ltd IT/ITeS Verna
Special Economic Zones (SEZs) with formal approval
Industry Location SEZ (No)
Biotechnology Verna, Sancoale 2
IT/ITeS Verna, Bardez 2
Pharmaceuticals/chemicals Tal-ponda 1
Services Verna 1
Gems and jewellery Verna 1
Source: www.sezindia.nic.in 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 The state has a literacy rate of 88.7 per cent according to the data of Census 2011; the male literacy rate is 92.7 per Literacy rate (%) cent and the female literacy rate is 84.7 per cent. Total 88.7
Over 2011-12, student enrolments at the primary, middle Male 92.7 and secondary school levels were 100,256, 75,863 and 63,603, respectively. Female 84.7
As of 2011-12, the state had 1,232 primary schools, 444 middle schools, 380 secondary schools and 86 higher secondary schools. Some of the higher education institutions The government is making efforts to reinforce its • Shree Rayeshwar Institute of Engineering and educational policy towards bridging regional and gender Information Technology gaps, reducing the drop-out rate, emphasising skill • Padre Conceicao College of Engineering development and vocational programmes to curb • unemployment. National Institute of Oceanography • Parvatibai Chowgule College of Arts & Science • Goa is planning to set up an Indian Institute of Science, Don Bosco College Education and Research, an Indian Institute of Technology • St. Xavier’s College (IIT) and an Indian Institute of Management (IIM) by 2035; • BITS Pilani Goa campus to become a leading educational hub in the country.
Source: Economic Survey of Goa, 2010-11, 2012-13 and 2013-14 Goa Economy in Figures – 2012, Goa Investment Policy 2013 Goa has a number of leading engineering, business management, medical and legal institutes. Educational infrastructure - 2011-12
Primary schools 1,232 The Maritime School, under the Captain of Ports Department, Government of Goa, is among the first of its Middle schools 444 kind in the country.
Secondary schools 380 As of 2011-12, the state had 33 vocational and professional institutes, 29 universities and colleges for professional Higher secondary schools 86 education, 21 universities and colleges for general education and four teachers training institutes. Vocational and professional institutes 33
The state government is planning to set up its second Teachers training institutes 4 medical college in an under-construction district hospital at Margao. Universities & colleges for general 21 education Goa College of Pharmacy, set up in 1842, is one of the Universities & colleges for professional oldest institutes in India. It offers bachelor’s, master’s and 29 diploma courses in pharmacy. In 2012, the institute had 60 education seats for bachelor's degree, 60 seats for diploma and 23 seats for master’s degree in various fields of pharmacy. Industrial Training Institutes (ITIs) 14
Source: Goa Investment Policy 2013, Goa Economy in Figures 2012, Goa at a Glance 2010, Goa College of Pharmacy, Government of Goa The state has better health ratios compared to the rest of the country. Annually, around 271^ persons were served Health infrastructure (As of 2011-12) per hospital bed. Hospitals 161 Some of the renowned hospitals in the state include Apollo Community health centres 5 Victor Hospital in Margao, Manipal Hospital in Panaji and Vrundavan Shalby Hospital in Mapusa. Primary health centres 20
Sub-centres 205 A new district hospital with a capacity of 500 beds is under construction in Margao. The state government is targeting to Dispensaries 30 start operations at this hospital by the end of 2014. Total beds in hospitals 5,336 In 2013, a new primary health centre was inaugurated in Sanquelim. Health indicators (2011) Construction of a 44-bed hospital was completed and it was Population served per hospital bed 271^ inaugurated in mid 2013. (2011-12)
Birth rate* 13.1
Death rate* 6.6
Infant mortality rate** 10
Source: Goa Economy in Figures - 2012, Sample Registration System (SRS) Bulletin September 2013, Economic Survey of Goa, 2013-14 *Per thousand persons, **Per thousand live births, ^Only government sector has been considered There are several sports complexes in Panaji, Margao, Ponda and other cities. Football is the major sporting activity; cricket is also growing in popularity.
Goa has a number of churches, chapels and 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 state is home to the Goa Football Association and many renowned clubs such as Sporting Clube de Goa and the Vasco Sports Club.
The main sports arenas are the Jawaharlal Nehru Fatorda Stadium and the Dr Rajendra Prasad Stadium in Margao, the Tilak Maidan Stadium in Vasco da Gama and the Campal Sports complex in Panaji.
In 2014, the state hosted the third Lusofonia Games, a multinational multi-sport event from 18–29 January. The infrastructure created for the games would generate revenue for the state and would be utilised for the National Games too.
The key hotels in Goa include Leela Kempinski, at Cavelossim, Taj Fort Aguada at Bardez, Park Hyatt at Cansaulim and the Intercontinental at Canacona. The Panjim Inn, Cidade-de-Goa and Majorda Beach Resort are well-known hotels in Margao.
Goa is popular for traditional forms of performance arts such as Natak, Tiatr and Zagor as well as modern art forms such as Goan trance.
Directorate of Sports and Youth Affairs of Goa has launched the Vision 2020 programme in an effort to encourage sports and produce Olympic players from the state. Goa Industrial Development Corporation (Goa-IDC) is the nodal agency established for setting up of industrial estates and offering developed plots to industrial units in the state.
Goa-IDC has established 20 industrial estates, spread across the state’s talukas, and is currently working on the expansion of existing industrial estates as well as establishing new ones.
Industry clusters Industries
Rubber, plastics, petroleum products, pharmaceuticals, electronics and Verna telecommunication equipment. Engineering, oil products, plastics, leather, textiles, food processing, soaps and Bicholim agro products. Rubber, plastics, petroleum products, pharmaceuticals, steel fabrications and Kundaim aluminum furniture. Printing, plastics, herbal hair oils, cosmetics, ice blocks, engineering items and Margao industrial diamond tools.
Mormugao Shipbuilding and repair.
Metal works, engineering, cold storage, food processing, electronic products, Corlim paper products, chemicals, paints and varnishes.
Vasco Shipbuilding and repair.
Source: Goa Industrial Development Corporation Apart from having an established iron ore mining industry, Goa has emerged as a manufacturing base for several Number of enterprises registered during 2013-14 leading companies in areas such as fertilisers, tyres and (up to December 2013) under EMP-I tubes, cement, electrical machinery, fish-net making machines, automatic washing machines, printed circuit Parameter Micro Small Medium boards, pharmaceuticals and pharmaceutical machinery. Units (no) 357 53 6 Mining (iron ore and manganese), pharmaceuticals, and iron and steel industries are located in North Goa, while Proposed investment mining and shipbuilding industries are present in South 3.6 7.5 4.0 (US$ million) Goa.
Tourism is the largest segment in the services sector; the Expected Goa Tourism Development Corporation (GTDC) is employment 2,396 1,295 328 responsible for promoting tourism in the state. generation (no)
As of December 2013, the state had 7,793 micro, small and medium enterprises (MSMEs) and 191 large scale Key industries In Goa industries. • Tourism Over 2013-14 (up to December 2013), 416 entrepreneurs • Food processing have been recognised under the Entrepreneurs • IT/ITeS Memorandum Part-I (EMP-I), which is expected to have • Mining generated 4,019 jobs. • Biotechnology The state is in the process of developing the logistics sector • Pharmaceuticals in Goa by forming a special logistics group and constructing • Fishing several bridges to address the existing deficiency with regard to logistics and warehousing. Source: Economic Survey of Goa, 2013-14 • The cluster is run by the Goa Pharmaceutical Manufacturers’ Association (GPMA) and accounts for around 12 per cent of the country’s medicine production. • Principal products manufactured are tablets, capsules, ointments, liquid orals and injectibles. Pharmaceutical Cluster • The cluster has an annual growth rate of 18–20 per cent; and, currently, 40 units are functioning under the cluster. • Total revenues of US$ 2,085.9 million and exports worth US$ 1,043.0 million have been recorded in 2011-12. • Fixed investment of US$ 104.3 million has been made.
• The cluster is run by Goa Cashew Entrepreneurs’ Welfare Society with 300 functional units. • Cashew kernel is the major product manufactured. Cashew Cluster • Total revenues of US$ 9.4 million and exports worth US$ 3.1 million recorded in 2011-12 • Fixed investment of US$ 5.2 million has been made. • The cluster has an employment potential of 45,000 man days.
Source: Ministry of MSME, Government of India Brief industrial profile of South Goa district Despite being a small state and a late starter in the IT industry, Goa is ideally placed to capitalise on the Some of the key players opportunities available in the sector. • Smartlink Network Systems Ltd
• Zenith Computer Pvt Ltd Goa is one of the most literate states in India, with a literacy • PCS Technology Ltd rate of over 87.0 per cent; most Goans are conversant with the English language, which is the lingua franca for the IT • Crompton Greaves industry.
The state is close to several business centres, such as Rajiv Gandhi IT habitat, Dona-Paula Mumbai, Pune and Bangalore, of the country that provide growth opportunities. • Situated seven kilometres away from the state capital of Panaji. Goa University offers a postgraduate course in computer • Developed on an area of around 95 acres with the sciences, and there are over 250 other institutes imparting aim to attract IT/ITeS/BPO/KPO industries. IT training and education. • IT habitat is expected to attract investments to the tune of US$ 147–184 million. Info Tech Corporation of Goa Ltd, an undertaking of the • Government aims to create employment for 10,000– state government, is planning to redesign Rajiv Gandhi IT 12,000 persons through this park. Habitat at Dona Paula that has been built to attract IT/ITeS/BPO/KPO industries.
Source: The Directorate of Industries, Trade and Commerce, Government of Goa, http://www.infotechgoa.com/ • Formerly D-Link (India) Private Limited, Smartlink Network Systems Ltd is one of India’s leading Smartlink Network networking companies, offering an integrated value proposition that includes design and Systems Ltd 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. In 2013-14, the company earned US$ 24.9 million in revenue. It has 17 offices in the country.
Zenith Computer Pvt 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.
• PCS is an Indian technology company headquartered in Mumbai. The company focuses on PCS Technology Ltd facilities management services, software services as well as computer hardware. The company’s gross revenues were US$ 18.1 million in 2012-13. 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. The mining belt of Goa covers an area of approximately 700 sq km and is mostly concentrated in the four talukas of Some of the key players Bicholim, Salcete, Sanguem and Quepem. • Sesa Goa
• The Dempo Group Goa is the second-largest iron ore producer in India, with a production capacity of 34.4* million tonnes over 2011-12. • V.M. Salgaocar and Company Ltd The state accounted for 20.3 per cent of total iron ore • V.S. Chowgule and Company Ltd production in India.
Mining (especially of iron ore), along with tourism, is an Source: Ministry of Mines, Ministry of MSME, important industry; the state accounted for over 70.0 per Government of India, cent of the country’s total iron ore exports (43.3* million *Provisional tonnes over 2011-12).
Most mines in Goa are of the open-cast type, which In 2012-13, production of iron ore in the state dropped to necessitates the removal of over burden overlying the iron 10.6 million tonnes on the back of Supreme Court’s ban on ore formations. iron ore mining.
Iron, manganese and bauxite ores are the major minerals Iron ore production is expected to revive as the apex court found in Goa. The state produced 850,000 tonnes of has lifted the mining ban. According to the Federation of bauxite and 19,000 tonnes of manganese ore over 2011-12. Indian Mineral Industries, mining would resume after the monsoon this year and exports would start in September. • Sesa Sterlite, also known as Sesa Goa, is a well-known mining company in India. It is the Sesa Sterlite Ltd 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. During 2013-14, the company reported revenue of US$ 4.7 billion.
The Dempo Group • 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.
V.M. Salgaocar & Bro • The company was founded in 1952 as a mining and export company. It is one of the leading Pvt Ltd 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.S. Chowgule and Company 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. Goa's pharmaceuticals industry generated revenue of US$ 2.1 billion over 2011-12; the state accounts for about 12 per Some of the key players cent of India's pharmaceutical production. • Ranbaxy Laboratories Ltd The pharmaceuticals industry is one of the major employers • Aventis Pharma Ltd in the state. • Blue Cross Laboratories Ltd • Cipla Ltd A large number of companies, such as Cipla, Aventis and Blue Cross, have set up manufacturing facilities in Goa.
Source: Ministry of MSME, Government of India 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.
GPMA is a registered body formed with the objective of uniting the pharmaceutical manufacturers in Goa. • Ranbaxy is among India’s leading pharmaceutical companies, with business operations in 43 Ranbaxy and manufacturing facilities in eight countries. The company has a manufacturing facility at Laboratories Ltd Ponda, Goa, where it manufactures steroidal, non-steroidal creams, ointments and lotions and non-beta-lactom tablets. In 2008, Japanese conglomerate Daiichi Sankyo Company Ltd became the largest shareholder in Ranbaxy. The company generated US$ 2.2 billion of revenues in 2013-14.
Aventis Pharma 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. The company generated revenue of US$ 309.5 million in 2013.
• Established in 1981, Blue Cross has carved a significant niche for itself in the Indian Blue Cross Laboratories pharmaceuticals market. In addition to its plant in Nashik, the company has a 12,000 sq m plant Ltd 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. Cipla 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$ 1.7 billion in 2013-14, 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. Goa is a globally recognised tourist destination, famous for Tourist arrivals in Goa (in million) its beaches and cultural diversity.
A blend of eastern and western culture, friendly and hospitable people and the common use of English as a 0.49 0.45 0.45 prominent language make Goa a veritable tourist paradise. 0.39 0.38 0.44 Tourism is Goa’s key economic activity, and has contributed 0.35 substantially to the state’s economic development in terms of employment generation and foreign exchange earnings. 2.63 2.34 2.21 2.02 2.13 2.20 2.23 Innovative marketing strategies to project Goa as an all-time leisure destination have resulted in higher tourist inflows over the years. 2007 2008 2009 2010 2011 2012 2013 (P) In 2013, the state attracted 3.1 million tourists, of which 0.49 Domestic Foreign million were foreign tourists.
For FY 2014, the number of charters that landed in Goa stood at 550 (until December end) and the number for FY Source: Department of Tourism, Government of Goa 2015 is expected to be at 1,400. Economic Survey of Goa, 2012-13, Times of India quoted P - Provisional
As of June 2013, Goa had 2,872 hotels, with a total of 27,988 rooms and a bed capacity of 50,732.
The state government has been proactive in encouraging public-private partnerships for promoting tourism by instituting a corpus fund. Goa has a coastline of about 104 kms and inland Annual fish catch (‘000 tonnes) waterways of about 250 kms. 100.0 5.0 4.7 91.2 The coast is full of creeks and estuaries formed by rivers; 88.8 90.0 87.1 86.6 4.5 over 87,984 tonnes of marine fish and 4,678 tonnes of 80.7 88.0 inland fish were harvested in 2013. 86.2 80.0 4.0
Goa is a major exporter of sea food to the US, Japan, 3.9 70.0 3.5 China, the Middle East and European countries. Fish 3.5 exports from the state stood at 33,939 tonnes (US$ 70.5 3.3 60.0 3.3 3.0 million) in 2013. 3.1 3.1
50.0 2.5 The government has made significant developments to 2007 2008 2009 2010 2011 2012 2013 provide and improve landing and berthing facilities to Marine (LHS) Inland (RHS) traditional fishermen and fishing boat operators.
The fishing industry in the state mainly comprises Source: Economic Survey of Goa, 2013-14 mechanised vessels, fish-processing plants, marketing network and shrimp farms which are mainly in the private sector. The state has been developing the necessary infrastructure required for the industry. Agency Description
Goa Industrial • It has been established with the purpose of securing land and assisting in fast and Development Corporation orderly establishment of industries in the 20 designated industrial areas and estates. (Goa-IDC)
• This is a state government-promoted financial institution to operate and manage Economic Development government-promoted financial schemes. Corporation • It acts as an investment company and provides financial assistance to entrepreneurs for starting as well as expanding business units.
The Goa State • This was set up as a Special Purpose Vehicle (SPV), with the basic aim to develop Infrastructure Development infrastructure in a time-bound manner. Corporation
• It promotes traditional arts and crafts, fashioned by the state’s artists and artisans. Goa Handicrafts Rural and • It performs functions related to procurement and distribution of indigenous and imported Small Scale Industries raw material, especially for small scale units. Development Corporation • It has been instrumental in starting the ‘Deen Dayal Swayamrojgar Yojana’, a scheme to develop self-employment opportunities for the youth. Agency • Description
• It promotes tourism and related activities in Goa. Goa Tourism Development Corporation • It focuses on developing eco-tourism, heritage tourism, adventure tourism, medical tourism and event tourism.
• It promotes investments in export-oriented projects, especially for the cultivation of exotic fruits and vegetables, floriculture, etc. Goa Horticulture Corporation • 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 • It looks after the development of IT-related infrastructure, ITeS and implementation of Ltd the government’s e-governance objectives. (ITG) Agency Contact information
Udyog Bhavan, Panaji- 403 001 Directorate of Industries, Trade and Commerce Goa Phone: 91-832-2226377 Website: http://www.goaditc.gov.in/
Narayan Rajaram Bandekar Bhavan, T.B Cunha Road, P.O. Box 59, Panaji - 403 001 Goa Chamber of Commerce & Industry Phone: 91-832-2424252 E-mail: [email protected] Website: http://www.goachamber.org/ Approvals and clearances required Departments to be consulted Estimated time in days
Incorporation of company Registrar of Companies NA
High Powered Coordination Committee (HPCC) Registration, Industrial Entrepreneurs for large and medium-sized projects, Director of NA Memorandum (IEM), Industrial Licences Industries, Trade and Commerce for small and micro projects
Allotment of land Goa-IDC 8 to 15
Permission for land use Goa-IDC 8 to 15
Goa State Pollution Control Board and Ministry of Site environmental approval 60 Environment and Forests
No objection certificate and consent Goa State Pollution Control Board 7 to 14 under Water and Pollution Control Acts Approvals and clearances required Departments to be consulted Estimated time in days
Approval of construction activity and Town and Country Planning Authority 30 building plan
Sanction of power State Electricity Department Up to 60
Registration under the State Sales Tax Sales Tax Department and Central and State NA Act and Central and Excise Act Excise Department 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.
Under the Nodal Agency Investment handled Chairmanship of
Goa Industrial Greater than The Chief Development HPCC US$ 1.09 million Minister Corporation (Goa-IDC)
Department of Director of District Below US$ 1.09 Industries, Industries, Trade Industries Trade and million Centre Commerce and Commerce 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.
Process for industrial set up in Goa
15 days Rejection Land not available
Evaluation and Detailed Preliminary Project Check on land recommendation templatised Report submitted to availability in by satellite expert proposal submitted IPB industrial estates consultant IPB Land to IPB Approval Earmarked 30 days Rejection
Receipt of all IPB decision on Nodal officer clearances for unit investment Evaluation and approval who to establish facility proposal along with recommendation by would assist with and start all approving satellite consultant all approvals Approval operations authorities 30 days 30 days 30 days 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 US$ 800–1,300 (for a 2,000 sq ft house per month)
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 Official Gazette dated 7-3-2013, Government of Goa The government of Goa is presently working on the drafting of a new industrial policy to be implemented in 2013 in order to boost investor confidence and attract new industries to Goa.
Objectives of the new industry policy 2013 are to encourage setting up of industries, which are non-polluting and employment-oriented, with the new thrust areas identified as electronics and pharmaceuticals.
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. Biotech Policy 2006
Objective • 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. Read more
Goa Special Economic Zone Policy 2006
• To augment infrastructure facilities to boost exports. Objective Read more
Goa Investment Policy 2013
Objective • Creating 50,000 jobs and investing US$ 4.2 billion in new projects in the next five years. • Providing 24*7 high-quality power0 supply and logistics infrastructure. Read more IT Policy 2005
Objective • To improve productivity in government offices, provide efficient service to citizens at reduced costs and increase export earnings from software, computers, computer peripherals, telecom and IT-enabling services by encouraging industries through fiscal and regulatory benefits.
Read more
Industrial Policy 2003
Objectives • 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 Average exchange rates
Fiscal 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
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