GOA PEARL OF THE ORIENT
For updated information, please visit www.ibef.org October 2017 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
. The iron ore production in the state has increased from 1.78 million tonnes in 2015-16 to 7.1 million tonnes India’s major iron ore in 2016-171. Export of iron ore witnessed tremendous growth in 2014-15 after the exclusion of the ban on producer the export of iron ore which was effective from October 5, 2012 till November 2013. Exports increased at an annual growth rate of 1.4% in 2014-15 over 2013-14.
. During 2016-17, the total traffic handled by Mormugao port was recorded to be 33.18 million tonnes, thereby 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. growth . Moreover, 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 6,80,683.
Note: 1Up to February 2017 Source: Economic Survey of Goa, 2014-15, Mormugao Port Trust Goa, Ministry of Mines, Ministry of Tourism, Aranca Research
3 GOA For updated information, please visit www.ibef.org ADVANTAGE GOA
March 2015 High Economic Growth Facilitating infrastructure August 2017 . GSDP compounded annual growth rate was at about . Goa has a well-developed social, physical and Installed 12.59% between 2005-06 and 2015-16. 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$ 6,372 in 2015-16. to be a globally recognised leisure destination. It also power capacity: has significant port infrastructure. capacity: 400.02 MW 548.08 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.
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 . In spite of its higher literacy twice that of India and the 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
5 GOA For updated information, please visit www.ibef.org GOA 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.org GOA IN FIGURES … (1/2)
Parameter Goa All states Source
Economy 2015-16 2015-16
Advanced Estimates provided by Directorate of GSDP as a percentage of all states’ GSDP 0.4 100.0 Economics and Statistics Goa Advanced Estimates provided by Directorate of GSDP growth rate (%) 1.48 8.71 Economics and Statistics Goa Advanced Estimates provided by Directorate of Per capita GSDP (US$) 6,372 1,546 Economics and Statistics Goa
Physical Infrastructure 2016-17 2016-17
Installed power capacity (MW) 548.08 329,226.27 Central Electricity Authority, as of August 2017
Telecom Regulatory Authority of India, as of July Wireless subscribers (No) 94,648,9441 1,186,790,005 2017 Telecom Regulatory Authority of India, as of June Internet subscribers (No) 35,470,0001 431,210,000 2017
National Highway length (km) 262 100,087.08 NHAI & Roads and Building Department
Major and minor ports (No) 1+5 13+187 India Ports Association
Airports (No) 1 125 Airports Authority of India
1Denotes Goa including Maharashtra
7 GOA For updated information, please visit www.ibef.org GOA IN FIGURES … (2/2)
Parameter Goa All states Source
Social Indicators
Literacy rate (%) 88.7 73.0 Census 2011
Birth rate (per 1,000 population) 14.4 21.6 Economic Survey 2016-17 and SRS Bulletin
Investments
Department of Industrial Policy & Promotion, From FDI equity inflows (US$ billion) 0.96 342.40 April 2000 to June 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 Operational SEZs (No) 101 222 Commerce, September 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.org ECONOMIC SNAPSHOT – GSDP
. At current prices, Goa’s gross state domestic product (GSDP) was GSDPVisakhapatnam of Goa at current port traffic prices (million (in US$ tonnes) billion) about US$ 7.20 billion in 2015-16. 8.00 . The GSDP increased at a compound annual growth rate (CAGR) of CAGR 9.75% 9.75 per cent between 2005-06 and 2015-16.
7.00
. Goa’s economic growth is driven by the strong performance of
7.20
industrial sectors such as mining, tourism and pharmaceuticals.
6.78
6.00
6.50
6.14
6.10
5.00 5.75
5.51
4.00 4.86
3.00 3.66
3.25
2.00 2.84
1.00
0.00
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa GSDP, Economic Survey 2016-17
9 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP
. Goa’s net state domestic product (NSDP) was about US$ 8.55 billion NSDPVisakhapatnam of Goa at current port traffic prices (million (in US$ tonnes) billion) in 2016-17. 9.00 . The NSDP grew at a CAGR of 7.70% between 2011-12 and 2016- CAGR 7.70%
17.
8.00 8.55
7.00
6.00
6.31
5.00 5.90
5.63
5.37
4.00 4.97
3.00
2.00
1.00
0.00
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa NSDP, Economic Survey 2016-17
10 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PER CAPITA GSDP
. The state’s per capita GSDP^ was US$ 4,784 one of the highest in GSDPVisakhapatnam per capita of portGoa trafficat current (million prices tonnes) (in US$) India, during 2015-16. 7,000.0 . Goa’s per capita GSDP increased at a CAGR of 9.20 per cent CAGR 9.20% between 2005-06 and 2015-16.
6,000.0
5,000.0
5,512.0
5,432.0
5,129.0
4,000.0
4,784.0
4,228.0
4,212.0
3,000.0
3,381.0
3,099.0
2,000.0
2,413.0
2,202.0
1,985.0
1,000.0
0.0
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa Per Capita GSDP, Economic Survey 2016-17
11 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PER CAPITA NSDP
& . The state’s per capita NSDP was US$ 5,637.96 in 2016-17 NSDPVisakhapatnam per capita of Goaport attraffic current (million prices tonnes) (in US$) . Goa’s per capita NSDP increased at a CAGR of 6.96 per cent 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 NSDP in the state.
5000.00 5637.86
4000.00
4193.09
3000.00 4026.93
3767.74
3637.50 3349.14 2000.00
1000.00
0.00
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Source: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa per capita NSDP& - Geometric mean of YoY calculation from 2004-05 to 2014-15
12 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSDP
µ . In 2015-16, the tertiary sector accounted for 46.67% of GSDP at VisakhapatnamGSDP composition port traffic by (million sector tonnes) 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 per cent), and the primary sector (1.67 per 80% cent). 7.11% . Growth in the tertiary sector has largely been driven by the tourism 70% industry, which facilitated growth of other related industries such as 60% banking and financial services, real estate, and business services. 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: Aranca Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics Goa, Government of Goa Sector-wise %share of GSDPµ -Geometric mean of YoY calculation from 2004-05 to 2015-16
13 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – AGRICULTURAL PRODUCTION
. Cashew processing has been a traditional industry in the state. Annual production Crop Cashew apple is also used in the production of feni, a local liquor, 2015-16 (in thousand tonnes) which has become internationally popular. Cashew nut production in Fruits 81.28 the state witnessed an increase of 15% during 2015-16, with the Vegetables volume produced reaching 30,291 tonnes, by 2015-16. 82.59
. Agriculture in Goa comprises cultivation of crops like paddy, cashew, Flowers (loose) 0.12 coconut and seasonal vegetables and pulses, and provides Spices 0.25 livelihood support to nearly 12% of the state’s 1.5 million population. Plantation crops 109.45
Source: Economic Survey of Goa, 2014-15, Indian Horticulture Database 2014-15, National Horticulture Board, State Budget 2016-17
14 GOA For updated information, please visit www.ibef.org ECONOMIC 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
VisakhapatnamFisheries port exports traffic from (million Goa tonnes) Iron oreVisakhapatnam exports from Mormugao port traffic Port (million Trust tonnes) (‘000 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 9000
20.0 20.0
42.9 41.3 63.3 70.7 69.8 68.3 70.2
23.2 6000 0.0 0.0 3,570 3000
604
2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2007-08 0 Value (US$ million, LHS) Quantity ('000 tonnes) 2014-15 2015-16 2016-17
Source: Ministry of Mines, Mormugao Port Trust Goa
15 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – GOA EXPORT POTENTIAL
Commodities exported from Mormugao Port
Commodities 2013-14 (in million tonnes) 2014-15 (in million tonnes) 2015-16 (in million tonnes) 2016-17 (in million tonnes)
Iron ore & iron ore pellets 0.04 0.60 3.57 14.72 Other ores 0.16 0.27 0.21 NA Total ores 0.20 0.87 3.78 14.72 Alumina NA 0.02 0.02 0.05 Steel slabs 0.06 0.06 NA 0.14 Hot rolled coils 1.21 1.63 0.84 1.82 Container cargo 0.12 0.17 0.14 0.17 Granite 0.36 0.30 0.31 0.29 Other cargo 0.28 0.27 0.31 0.14 Wheat 0.04 NA NA NA Sugar 0.06 0.01 0.01 NA Total exports 2.33 3.33 5.41 17.33
Source: Mormugao Port Trust, Goa; NA – Not available
16 GOA For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – FDI INFLOWS & INVESTMENTS
. According to the Department of Industrial Policy & Promotion (DIPP), FDI equityVisakhapatnam inflows, 2008 port- 09traffic to 2017 (million-18 (US$ tonnes) million )
FDI inflows into the state of Goa, during April 2000 to June 2017,
totaled to US$ 960 million. 350 302 . Under the State Budget 2017-18, government has made a provision 300 of US$ 0.96 million for the Tillari project. 250
200 169 . As per state budget 2017-18, construction of the international airport
150
83
at Mopa in Taluka Pernem, will be started in the current fiscal. The
100
38
37
35 29
estimated project cost is US$ 467.2 million. The project will be 18
50 17 9
developed by GMR Airports Limited.
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 June 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
17 GOA For updated information, please visit www.ibef.org ANNUAL BUDGET 2017-18… (1/2)
. The Gross Budget presented for 2017-18 is US$ 2.42 billion as against US$ 2.19 billion in 2016-17. A sum of US$ 145.59 million has been allocated for social sector, US$ 70.65 million has been allocated for child & women empowerment and US$ 28.26 million for tribal welfare.
. Increase in PWD budget allocation of US$ 282.61 million.
. 20 MLD water treatment plant for Panaji will be completed till 2018.
. 100 dual pump solar power water supply projects in remote areas will be introduced.
. New sewage system in Candolim & Bicholim. US$ 15.62 million provided for creating additional infrastructure for 36th National Games in 2018.
. US$ 22.31 million allotted to improve public transport, especially to tourist destinations. Dedicated traffic management plan for all major cities in Goa. Betul, Chapora & Talpana jetties will be upgraded. Focus on total implementation of current IT policy; Startup Promotion Board to be established. Regional plan to be completed & notified by December 2017.
Source: Finance Department, Government of Goa
18 GOA For updated information, please visit www.ibef.org ANNUAL BUDGET 2017-18 … (2/2)
Annual budget (estimates in US$ million)
Departments Budget allocations (2017-18) Education 234.79 Public works 307.76 Sanitation 51.99 Water resources 52.08 Mining 8.59 Agriculture 26.72 Social welfare 48.46 Medical and Public Health 79.63 Tourism 31.07 Panchayats 29.83 Urban development and municipalities 1.49 Sports & youth affairs 32.03 Transport 42.38
Source: State Budget 2015-16, Government of Goa
19 GOA For updated information, please visit www.ibef.org PHYSICAL 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 285.49 km per 100 sq. km of area, as District highways 815 of 2014-15. . As per budget 2016-17, under the National Highway Development Programme (NHDP- Phase III), projects for 4 laning of NH-17 as well Ongoing Road Development Projects as NH-4 received the in-principle approval during 2015-16. . As per budget 2017-18, work on Zuari Bridge and Mumbai-Goa state Project Name Project Cost (US$ Million) highway is under progress. Bambolim Goa Subway Conversion 1.41 . During 2016-17, for construction of a high-level road bridge between (from pedestrian to motorable) Cottombi & Savoi-Verem, across the Mandovi river, the state Biana to Bogda roads 4.54 government has proposed an allocation of US$ 3.20 million. Similarly, for undertaking a 2-lane bridge in order to connect Bridge over river Tiracol 12.12 Caranzalem & Kharwada in Madkai, an amount of US$ 2.49 million has been proposed during 2016-17. Bridge over river Zuari 5.19 . As per Budget 2017-18, dedicated cell would be made in PWD to Miramar Circle to NIO Circle and Raj look after PM Gram Sadak Yojana & other infrastructure works. By 9.45 Bhavan FY’17, Amona Virdi bridge & New Mandovi bridge is slated for completion, while the work of new Khandepar bridge costing US$ Bridge over river Mandovi 55.10 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.org PHYSICAL 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 the west to the east. The rail tracks cross at the most important junction of the state, the Madgaon railway station; Vasco-da-Gama is the other important railway station. . Konkan Railways, which connects Mumbai, Goa & Mangalore, has considerably boosted tourism. The Mormugao port is connected through a broad gauge line. . The Government has pulled off a new double-decker luxury train service on Konkan Railways route that commutes tourists from Mumbai to Goa. . In 2015, the Konkan Railway Corporation (KRC) commenced construction of 3 new railway stations, at Sarzora in South Goa and Neura & Mayem in North Goa, in addition to its existing 9 stations. . In order to improve the connectivity between Goa and Mumbai, the Government of India introduced a Double Decker Express train on December 6, 2015. . US$ 14.87 million has been allocated under 2017-18 budget towards Konkan Railways. 4 railway overbridges are to be built in Goa with financial support from the Rail Ministry. . On 22nd May 2017, state-of-the-art, high-speed, 15 coach train Tejas Express, with a speed of 200 km/hour, made its debut. The train would run between Mumbai to North Goa, covering a distance of 579 km in 8.5 hours. The train has 2 classes — executive chair car & chair car, and is equipped Source: Maps of India with facilities such as automatic doors, secured gangways, Wi-Fi, LCD screens, magazines, tea-coffee vending machines, bio-toilets, etc.
21 GOA For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – AIRPORTS … (1/2)
. Goa has 1 airport at Dabolim, which functions as a domestic as well as an international airport. The state is connected to most Indian cities by air. . The state ranks among the top 10 in all-India air traffic, most of which is tourism related. . The state has good connectivity in terms of international flights, including chartered flights from European countries. . Passenger footfalls at the Goa airport during 2016-17 reached 68,56,362 with aircraft movement reaching 47,801flights. . The state introduced a new terminal in February 2014 at Dabolim. . As per state budget 2016-17, for the establishment of an international airport at Mopa in Taluka Pernem, on PPP basis, the Government of Goa has already issued proposals to shortlisted builders. The state has acquired 7.4 million sq. metres of land for the airport. The airport is being designed to handle 4 million passengers, in addition to the 4 million capacity at Dabolim, to create a total capacity of 8 million by 2018. The project will be developed by GMR Airports Ltd. The 1st phase of the airport is expected to be commissioned during financial year 2019-20. . Moreover, for the development of the civil aviation sector in the state, an allocation of US$ 22.33 million has been proposed by the state government. . GMR secured a deal worth US$ 687.33 million with the Government of Goa to develop a greenfield airport at Mopa. . As per Budget 2017-18, Dabolim airport will be upgraded on a time-to-time basis even after the completion of Greenfield Mopa international airport.
Source: Airports Authority of India, Department of Tourism, Government of Goa Economic Survey of Goa, 2014-15, Goa Investment Policy 2014
22 GOA For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – AIRPORTS … (2/2)
Goa passenger traffic (million) Goa aircraft movement (Nos.)
8 60,000 7
50,000
6
6.86 40,000
5
47,801
4 5.37 30,000
39,030
4.51
3
3.89 33,422
20,000
3.54
3.52
28,904 27,430
2 3.08
26,804
2.85
24,326 24,018 2.63 10,000
1 20,182
0 0
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 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 2,014
Source: Airports Authority of India
23 GOA For updated information, please visit www.ibef.org PHYSICAL 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 MT. A total of 5.03 MT of capacity Major ports . Mormugao was added during period 2015-16. . Panaji . The River Navigation Department was established to provide safe, . Chapora dependable & affordable transport facilities on different ferry routes Minor ports . Betul of Goa’s inland waters. . Talpona . The Mormugao harbour, a multi-purpose general cargo berth . Tiracol situated in the port town of Vasco-da-Gama, handles local & international maritime cargo traffic. Commodity-wise Traffic Handled at Mormugao Port during 2016-17 . During 2016-17, the total traffic handled by Mormugao port was recorded to be 33.18 million tonnes, thereby registering a growth of Commodity Quantity (metric tonnes) 59.70% over the same period in the previous year, which is the highest growth rate among 12 major ports of the country. POL (Petroleum, Oil & Lubricants) 630,000
. In 2015-16, the general cargo traffic handled at the port was Iron ore 14,720,000 recorded to be 15.75 million tonnes. Moreover, containerised cargo of 345.42 thousand tonnes of gross tonnage was also handled by Coke and coal 12,750,000 Mormugao port. Granite 290,000 . State-of-the-art patrol vessel ICGS Shaunak, the largest & most advanced new generation OPV was added to Coast Guard fleet in Container cargo 230,000 February 2017. Phosporic Acid 3,40,000
Note: P - Provisional Source: Ministry of Shipping, Government of India, Indian Ports Association, Mormugao Port Trust (1) As of October 2015
24 GOA For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – POWER
. As of August 2017, Goa had a total installed power generation VisakhapatnamInstalled 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 and 48.71 MW by private utilities. Thermal power plants
accounted for a significant share in the total installed capacity with 500.0
521.32 MW, whereas nuclear energy and renewable energy 548.1 540.56
contributed 26 MW and 0.76 MW respectively.
. Goa is one of the few states in India to achieve 100% rural 400.0
electrification.
430.02
412.45
400.2
400.02 400.02 386.9 . The state generates power from its 48 MW naphtha-based plant of 380.9
300.0 357.2 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 various underground cabling projects for 2016-17 and has made
required financial provisions for these projects.
2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18* . 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: * August 2017 Source: Central Electricity Authority, State Budget 2016-17 Economic Survey of Goa, 2014-15
25 GOA For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – TELECOM
. Goa is among the few states in the country to have 100% automatic Telecom infrastructure – July 2017 telephone systems with a good network of telephone exchanges. Wireless subscribers(1) 94,648,944 . Goa has a fibre-optic cable network spread through the state; it provides high-speed access for a wide range of internet-related Wireline subscribers(1) 1,839,379 services. All the gram panchayats in the state of Goa are connected with optical fiber. Internet subscribers(1) 35,470,0002
. In Goa, all the Gram Panchayats are already connected with optical Tele-density(1) 109.99 fibre cable. By the middle of December 2015, total number of post offices functioning in the state was recorded at 258, Post offices 2583
. By the end of July 2017, 20,401,3591 subscribers had submitted requests for mobile number portability in the state. Moreover, the Some of the major telecom service providers tele-density in the state stood at 109.99%1, as of July 2017. . Bharat Sanchar Nigam Limited (BSNL)
. In December 2016, the Government of Goa announced the launch of . Tata Indicom Goa Yuva Sanchaar Yojna, under which the state would be providing 100 minutes of free talk time and 3 GB of internet data every month, . Bharti Airtel free with a new SIM card. . Aircel Limited
. Reliance Communications
Note: 1Denotes Maharashtra including Goa, 2As of June 2017, 3As of December 2015 Source: Economic Survey of Goa, 2014-15, Telecom Regulatory Authority of India
26 GOA For updated information, please visit www.ibef.org DEVELOPMENT PROJECTS: URBAN INFRASTRUCTURE
. Panaji is one of the 65 cities identified under the Jawaharlal Nehru . In 2015, under National Urban Information System (NUIS) scheme, National Urban Renewal Mission (JNNURM). Cuncolim, Curchorem Cacora, Mapusa, Margao, Mormugao of Goa have received US$ 1.9 million & US$ 1.3 million is yet to be . Under JNNURM, two projects costing around US$ 15.6 million have received. National Urban Information System was introduced by been sanctioned for Panaji. Areas of development under these projects Ministry of Urban Development in March 2006. The purpose of this are heritage conservation and water supply for Panaji and surrounding scheme is to develop the geographic information system database areas under the jurisdiction of the corporation of the city of Panaji, Goa. for 152 towns/cities in the country. In Goa, 5 towns/cities are covered . As per the state budget 2017-18, the state government has planned under this scheme. construction of second integrated Municipal Waste Treatment Plant . In April 2017, 6 rivers of Goa – Mandovi, Zuari, Chapora, Sal, along with transfer station at Cacora in South Goa on Designed Built Mapusa & Chumbharjua – have been notified by the union Finance Operate & Transfer (DBFOT) basis. government as national waterways under the National Waterways . As per budget 2017-18, US$ 81.81 million would be allocated for Panaji Act, 2016. 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 amount of US$ 17.25 million has been allocated for garbage 0.6 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 0.23 capita per day (LPCD), respectively. 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.org DEVELOPMENT PROJECTS: PUBLIC PRIVATE PARTNERSHIP (PPP) PROJECTS
As of July 2017, Goa had 9 PPP projects, of which one project is in pre-construction stage, three projects are under construction and five projects are in operation and maintenance stage.
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.org DEVELOPMENT PROJECTS: SEZ AND INDUSTRIAL ESTATES … (1/3)
. As of September 2017, Goa had seven formally approved and three Sector-wise formally approved SEZs in Goa, September 2017 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% Biotech industries such as biotechnology and IT/ITeS. The Goa Industrial 29% 14% Development Corporation (Goa-IDC) assists in establishing IT industries in specific industrial areas and estates. Goa-IDC has 14% established 20 industrial estates in various talukas of Goa. It plans to Pharmaceuticals 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, September 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 Peninsula Pharma Research investments of around US$ 4.2 billion in the state during 2014-19. 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 2014-15
29 GOA For updated information, please visit www.ibef.org DEVELOPMENT 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
Growth in number of MSMEs since 2000
Year No. of units
2000 5,949
2005 6,954
2010 7,350
2014 7,793
Source: Ministry of Commerce & Industry, Department of Commerce
30 GOA For updated information, please visit www.ibef.org DEVELOPMENT 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.org SOCIAL INFRASTRUCTURE – EDUCATION … (1/2)
. The state has a literacy rate of 88.7 per cent according to the data of Literacy rate (%) Census 2011; the male literacy rate is 92.65 per cent & the female literacy rate is 84.66 per cent. Total 88.70
. During 2015-16, the total enrolments in schools were recorded to be Male 92.65 239,884. . As of 2015-16, the number of government as well as government-aided & Female 84.66 unaided primary schools was recorded to be 1,190. Similarly, the state recorded 434 middle schools, 403 secondary schools & 104 higher Some of the higher education institutions secondary schools under these categories. . Shree Rayeshwar Institute of Engineering and Information . As per state budget 2017-18, the Government of Goa has proposed to Technology allocate US$ 6.24 million as financial assistance for Goa University, . Padre Conceicao College of Engineering . Goa is planning to set up an Indian Institute of Science, Education and Research, an Indian Institute of Technology (IIT) and an Indian Institute of . National Institute of Oceanography Management (IIM) by 2035; to become a leading educational hub in the . Parvatibai Chowgule College of Arts & Science country. . Don Bosco College . Vasco, Margao & Panaji are proposed to be developed as a smart cities in the state. . St. Xavier’s College
. In Budget 2017-18 the state government allocated US$ 0.89 million . BITS Pilani Goa campus additional grants for primary schools, that impart education in Marathi & Konkani, 15 additional supervisors & 50 counselors in all schools & higher secondary’s to be recruited, 11th standard students to be given laptops with a budget of US$ 7.44 million, transport facility for students, integrated educational complexes at Mapusa & Margao to be developed.
Source: Economic Survey of Goa, 2014-15, Goa State Budget 2016-17
32 GOA For updated information, please visit www.ibef.org SOCIAL INFRASTRUCTURE – EDUCATION … (2/2)
Educational infrastructure, 2015-16 (Government, Government . Goa has a number of leading engineering, business management, medical and legal institutes. Aided & Unaided)
. The Maritime School, under the Captain of Ports Department, Primary schools 1,190 Government of Goa, is among the first of its kind in the country. Middle schools 434 . As per the state budget 2016-17, under Goa Scholarship Scheme, the state government proposed to add ten more scholarships for Secondary schools 403 students by providing a unique 2 year funding window from the date of their selection. Higher secondary schools 104
. The state government is planning to set up its 2nd medical college in Vocational and professional 1 30 an under-construction district hospital at Margao. institutes
1 . Goa College of Pharmacy, set up in 1842, is one of the oldest Teachers training institutes 5 institutes in India. It offers bachelor’s, master’s & diploma courses in Universities & colleges for general 1 pharmacy. In 2015, the institute had 60 seats for bachelor's degree, 25 education 60 seats for diploma & 23 seats for master’s degree in various fields Universities & colleges for 1 of pharmacy. 27 professional education . As per state budget 2017-18, the Government of Goa has proposed 1 to implement a new programme in the state for providing yoga Industrial Training Institutes (ITIs) 14 training as well as value education to the students of 350 primary schools through Education Development Corporation of Goa.
Source: Educational Statistics at a Glance 2015-16, Government of Goa, 12014-15
33 GOA For updated information, please visit www.ibef.org SOCIAL INFRASTRUCTURE – HEALTH
. The state has better health ratios compared to the rest of the country. Health infrastructure (as of October 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 (2015) construction as per Budget 2017-18. 1 Birth rate 14.4 . Further, the state government has also made a provision of US$ 2.43 million for buildings, US$ 0.18 million for books & periodicals & US$ 1 Death rate 8.4 0.70 million for various equipment for Goa Medical College. 2 . A provision of US$ 0.12 million has also been made for supplies and Infant mortality rate 11.32 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.org CULTURAL INFRASTRUCTURE
. There are several sports complexes in Panaji, Margao, Ponda & other cities. Football is the major sporting activity; cricket is also growing in popularity. The state is home to the Goa Football Association & many renowned clubs like Sporting Clube de Goa & the Vasco Sports Club.
. Goa has a number of churches, chapels & convents of unmatched architectural beauty; most of these were built during the Portuguese rule. Some of the famous churches include Church of St. Francis of Assisi, Basilica of Bom Jesus (mortal remains of St. Francis Xavier enshrined), Lady Rosary and St. Augustine. . The 5th Youth Delphic Games 2016 was hosted in Goa from February 1-14, 2016. The game combined 6 art categories & over 70 sub-categories, with many artistic events and activities. The age limit for participating in these games was between 15 to 25 years. . The key hotels in Goa include Leela Kempinski, at Cavelossim, Taj Fort Aguada at Bardez, Park Hyatt at Cansaulim & the Intercontinental at Canacona. The Panjim Inn, Cidade-de-Goa & Majorda Beach Resort are well-known hotels in Margao. . Goa is popular for traditional forms of performance arts like Natak, Tiatr & Zagor as well as modern art forms like Goan trance. . Directorate of Sports & Youth Affairs of Goa has launched the Vision 2020 programme in an effort to encourage sports & produce Olympic players from the state. . Department of Art & Culture organizes ‘Lokotsav’, to promote handicrafts & folk forms. The 18th Lokotsav festival was organized in January 2016. Further, as per the budget 2016-17, the state government had proposed to implement a project on Goa’s intangible cultural heritage for its identification, mapping & development across the state. . From November 12-22, 2016, the state hosted an international event with 15 of the world's best travel bloggers, to showcase its rich cultural diversity, history, food, adventure & luxury experience. According to the state tourism department, the event was expected to be witnessed by 4.5 million people across 30 countries, digitally. . Construction of Konkani Bhavan under Konkani Academy is proposed under state budget 2017-18. . In December 2016, Goa hosted a new music festival “Wonderwall”, which was curated by the Indian DJ Nikhil Chinappa. . At the Goa carnival, the Indian Navy float showcased the profile of naval branch of the Indian armed forces, which provides coastal security & carries out anti-piracy operations. . Goan film industry announced plans to collaborate with Jharkhand for making films. Under the central government 'Ek Bharat Shreshtha Bharat’ programme, the government of both the states organized a festival at ‘’Inox Courtyard’’ at Panaji on May 27 2017.
35 GOA For updated information, please visit www.ibef.org INDUSTRIAL 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.org SMART CITY & AMRUT
. Panaji city is one of the 13 shortlisted cities in Fast Track Mode of City Challenge under Smart Cities Mission of the Ministry of Urban Development, Government of India. Through participation in this challenge, Panaji aims to fast track the achievement of a world- class city while retaining its heritage and cultural values. In order to convert Goa into a smart state, the CCP (Corporation of the City of Panaji) has set forth sub goals to create an enabling environment to preserve local heritage and to promote cultural tourism, to increase engagement of citizens to improve quality of life, to transform the city into a biodiverse and a sustainable city, to redesign Panaji as an inclusive ecomobile city and to enhance resource efficiency to attain a landfill- free city.
. The winning area based strategies proposed by Panaji include Retrofitting of Open Spaces Management, of Lake, River Precinct and sea shore protection, of Heritage areas, of Flood Management and unique projects such as building incubation centers and GIS based property and land management system.
. As per the Smart City Proposal, the list of projects in Panaji include:
• Area Based Development: Service improvement for urban poor in Mala Fontainhas area, Integrated Urban Water Management, Church Square Revitalization, Provision of basic services in entire area (2sqkm), etc
• Smart Transportation and Eco Mobility: Digital Enabled System for Public Bike Share System, Air Quality monitoring stations, Smart Parking, Smart Component for buses (GPS, automated fare collection etc.), etc
• Smart Environmental Services: Trolley Bins with RFID tags, Biometric Attendance in 12 Zonal Offices, CCTV Surveillance of black spots, etc
. Under AMRUT (Atal Mission for Rejuvenation & Urban Transformation) scheme by the Government of India, the city of Panaji has been selected from the state of Goa. The main aim of the scheme is to promote use of public & non-motorised transport, & provide each household with tap connections as well as enhance & develop greenery across these local bodies during 2015-16 to 2019-20. The first instalment of Central Assistance (i.e. 20% of approved amount of Rs. 4.07 crores) has been released to the state of Goa.
Source: Census Organization of India, Smart Cities Mission, Corporation of the City of Panaji, AMRUT
37 GOA For updated information, please visit www.ibef.org KEY INDUSTRIES … (1/2)
. Apart from having an established iron ore mining industry, Goa has emerged as a manufacturing base for several leading companies in areas such as fertilisers, tyres & tubes, cement, electrical machinery, fish-net making machines, automatic washing machines, printed circuit boards, pharmaceuticals & pharmaceutical machinery.
. Mining (iron ore and manganese), pharmaceuticals, iron & steel industries are located in North Goa, while mining & shipbuilding industries are present in South Goa.
. Tourism is the largest segment in the services sector; the Goa Tourism Development Corporation (GTDC) is responsible for promoting tourism in the state.
. For the development of ‘Ease of doing business’ and ‘investor friendly ecosystem’ initiatives in the state, the state government has proposed to establish an EMS (Electronic Monitoring System) that will track the progress of all IPB granted single window clearances, as per state budget 2016-17.
. As per state budget 2016-17, the state government decided to impart skill-based training across various sectors to around 5,000 youths every year.
. The state is in the process of developing the logistics sector in Goa by forming a special logistics group and constructing several bridges to address the existing deficiencies with regard to logistics and warehousing.
. As per the state budget 2016-17, the state government proposed to take up the establishment work of a state-of-the-art festival venue as well as an IFFI Secretariat in the state on PPP basis. For the same purpose, an allocation of US$ 152.8 thousand has been made by Government of Goa. A dedicated task force is being set up to implement the project on fast track basis, as per Budget 2017-18.
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.org KEY INDUSTRIES – MAJOR CLUSTERS … (2/2)
. The cluster is run by the Goa Pharmaceutical Manufacturers’ Association (GPMA) and accounts for around 12% of the country’s medicine production.
. Principal products manufactured are tablets, capsules, ointments, liquid orals & injectibles. 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.org KEY 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 . Zenith Computer Pvt Ltd Goans are conversant with the English language, which is the lingua franca for the IT 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 . IT habitat is expected to attract investments to course in computer sciences, and there are over 250 other institutes imparting IT the tune of US$ 147–184 million. training and education. . Government aims to create employment for . Info Tech Corporation of Goa Ltd, an undertaking of the state government, initiated the 10,000–12,000 persons through this park. work of establishing an IT Park at Kadamba Plateau at Tuem during 2015-16.
. Under the budget 2017-18, work for setting up a new IT park in Chimbel is targeted for completion on priority.
. In April 2017, the state government announced an IT fund worth US$ 25.13 million, out of which USD 2.23 million is to be used for boosting the startup sector in the state. The government has also proposed a startup promotion board, and USD 74,371.56 to encourage incubation centers across the state.
Source: The Directorate of Industries, Trade and Commerce, Government of Goa
40 GOA For updated information, please visit www.ibef.org KEY 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 US$ 0.80 million in revenue during the first Smartlink Network quarter 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 net revenue reached US$ 4.75 million in 2016-17. . PCS has a manufacturing facility in Goa, where it produces desktop computers, notebook computers and servers. It has a production capacity of 7,000 to 8,000 desktop computers per month. PCS Technology Ltd
41 GOA For updated information, please visit www.ibef.org KEY INDUSTRIES – MINING … (1/2)
. 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)
. Iron ore exports from the state increased from 0.60 million tonnes in Iron ore-hematite 6,42,113 2014-15 to 3.57 million tonnes in 2015-16, thereby witnessing a huge growth. Iron ore-magnetite 2,15,557 . Most mines in Goa are of open-cast type, which necessitates the removal of over burden overlying the iron ore formations. During Manganese 23,271 2015-16, the state government created a separate District Mineral Bauxite 53,072 Foundation under the MMDR Act, 1957, as per which the state’s mining firms need to deposit an additional amount of 30% of the Quartz/silica sand 20,004 royalty paid to this fund.
Some of the key players Goa bauxite exports (tonnes)
. Sesa Goa 2013-14 2014-15 2015-16 . The Dempo Group 153,400 267,220 209,745 . V.M. Salgaocar and Company Ltd
. V.S. Chowgule and Company Ltd
Source: Ministry of Mines, Government of India
42 GOA For updated information, please visit www.ibef.org KEY 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 Vedanta Limited Goa, it has mining operations in Karnataka. The company reported revenues of US$ 1.42 billion during the first 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 V.M. Salgaocar & Bro education sectors. Over 10 million tonnes of material is handled at the mines every year during iron ore extraction. 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.org KEY INDUSTRIES – PHARMACEUTICALS … (1/3)
. Export of pharmaceuticals products from Goa was recorded to be 5,076 metric tonnes during 2015-16.
. The pharmaceuticals industry is one of the major employers in the state.
. A large number of companies, such as Cipla, Aventis and Blue Cross, have set up manufacturing facilities in Goa.
. Apart from the incentives and policy thrust, Goa has been selected because of its ambience and pollution-free environment, which is conducive to the pharmaceuticals industry.
. Goa Pharmaceutical Manufacturers' Association (GPMA) is a registered body formed with the objective of uniting the pharmaceutical manufacturers in Goa.
. According to the 2017-18 state budget, the state government has made an allocation of US$ 3.2 million for Deen Dayal Swasthya Seva, which provides the people of the state with a health cover through the insurance policy scheme, which includes a total of 443 medical treatments and procedures.
. In November 2016, Prime Minister of the Republic of Mauritius, inaugurated AYUR Herbarium project in North Goa, an initiative in association with Union AYUSH Ministry.
Some of the key players
. Ranbaxy Laboratories Ltd
. Aventis Pharma Ltd
. Blue Cross Laboratories Ltd
. Cipla Ltd
Source: Ministry of MSME, Government of India
44 GOA For updated information, please visit www.ibef.org KEY INDUSTRIES – PHARMACEUTICALS … (2/3)
. Sun Pharmaceutical Industries Ltd, one of India's largest pharmaceutical companies, is an integrated, research- based pharmaceutical company with a global presence The company has 50 manufacturing plants globally and reported revenues of US$ 288.40 million during the first quarter of 2017-18. The company announced the Sun Pharmaceutical acquisition of Ranbaxy Laboratories Limited in April 2014, and completed the acquisition deal in March 2015. The Industries Ltd company manufactures a wide range of generic medicines in its 45 manufacturing sites across the globe.
. 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 Aventis Pharma Ltd employs around 230 people.
. Established in 1981, Blue Cross has carved a significant niche for itself in the Indian pharmaceuticals market. In addition to its plant in Nashik, the company has a 12,000 sq m plant in Verna, Goa.
. The company’s products are sold in over 18 countries across the globe. WHO and local Food and Drug Administration (FDA) have approved the Goan plant. The company produces drugs belonging to major therapeutic segments like anti-bacterial, pain management, antispasmodic, cough and cold preparations, cardiology, diabetes, dermatology, anti-ulcer, antipyretics, etc. Blue Cross’s annual sales turnover is around US$ Blue Cross Laboratories Ltd 52 million and it has an employee strength of over 1,000.
. Established in 1935, Cipla is one of the oldest pharmaceutical companies in the country. It manufactures and markets bulk drugs and formulations. The company posted revenues of US$ 429.48 million during the first quarter
of 2017-18, and has a plant in Verna industrial estate. Among other formulations, the Goan plant manufactures Cipla Ltd anti-HIV/AIDS drugs that have earned Cipla a strong presence across the globe.
45 GOA For updated information, please visit www.ibef.org KEY INDUSTRIES – TOURISM
. For the year 2017-18, the state government has made an allocation of US$ 31.08 VisakhapatnamTourist arrivals port intraffic Goa (million(in million tonnes)) million to the tourism sector.
. Innovative marketing strategies to project Goa as an all-time leisure destination 7 Domestic Foreign have resulted in higher tourist inflows over the years.
. As of 2016, the number of passengers who arrived in the state on the basis of e- 6 0.68 tourist visas was recorded to be 1,04,442. Moreover, the state recorded a total of 6,80,683 foreign tourists from over 141 countries across the globe. 5.65 5 0.54 . For FY 2016-17 (up to February 13, 2017), the number of charters that landed in Goa stood at 632 with 1,57518 passengers. As of December 2015, Goa had 4.76 3,358 hotels, with a total of 31,767 rooms and a bed capacity of 56,595. 4 0.51 . The state government has been proactive in encouraging public-private 3.54 partnerships for promoting tourism by instituting a corpus fund. 3 0.49 . “Tourism by Tourists`” – a campaign started by Goa tourism, in December 2016, 0.45 0.44 0.45 bagged the “Asia Pacific Sabre Award” 0.39 0.38 2.62 2 0.35 2.33 2.21 2.13 2.2 2.22 . The number of tourists arriving in Goa by chartered flights from Russia witnessed 2.02 an increase in December 2016 in comparison with 2015, with the number of tourists increasing from 20,560 in December 2015 to 29,432 in December 2016. 1
. With the continuous in-flow of tourists, Russian & European tourists, in collaboration with locals from Arambol to Patnem, have started offering yoga 0 training classes to people. 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
. The Ministry of Tourism of India has sanctioned US$ 15.42 million for Development of a Coastal Circuit II in Goa under ‘Swadesh Darshan Scheme’.
Source: Department of Tourism, Government of Goa, Economic Survey of Goa, 2014-15
46 GOA For updated information, please visit www.ibef.org KEY INDUSTRIES – FISHERIES
. Goa has a coastline of about 104 kms and inland waterways of about VisakhapatnamAnnual fish port catch traffic (‘000 (million tonnes) tonnes) 250 km. The coast is full of creeks and estuaries formed by rivers;
101.05 thousand tonnes of marine fish and 4,403 tonnes of inland 87.9 128.1 105.7 140.0 86.6 5.0 fish were harvested in 2016. 86.1 101.1 120.0 91.1 88.7 87.0 4.0 100.0 80.6 . As per the economic survey 2016, 105,456 tonnes of fish were 4.4 80.0 3.7 4.6 3.0 3.2 3.3 caught in 2016. Moreover, in order to boost ornamental fish farming 60.0 3.0 3.5 3.8 2.0 40.0 2.4 4.6 in the state, a model ornamental fish farm is expected to be set up 20.0 1.0
during 2016-17 by the Department of Fisheries. 0.0 0.0
2008 2009 2010 2011 2012 2013 2014 2015 2016 . For 2016-17, the state government has also proposed to maximize 2007 the petrol quota from 1,200 litres to 1,700 litres, for the canoes of the Marine (LHS) Inland (RHS) fishermen. For this purpose, a financial assistance of US$ 0.77 thousand will be allocated by the state government. Source: Economic Survey of Goa, 2014-15 State Budget 2016-17
VisakhapatnamFish production port in traffic Goa (‘000(million tonnes) tonnes)
140 120 100 114.1 117.9 115.1 80 101.1 60 77.9 40 20 0 2012-13 2013-14 2014-15 2015-16 2016-17(P)
Source: Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture, Government of India Note: 2016-17(P) - provisional
47 GOA For updated information, please visit www.ibef.org KEY INVESTMENT PROMOTION OFFICES … (1/2)
Agency Description
Goa Industrial Development . It has been established with the purpose of securing land and assisting in fast and orderly establishment of Corporation (Goa-IDC) industries in the 20 designated industrial areas and estates.
. This is a state Government-promoted financial institution to operate and manage government-promoted Economic Development 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 Infrastructure . This was set up as a Special Purpose Vehicle (SPV), with the basic aim to develop infrastructure in a time- Development Corporation bound manner. . It promotes traditional arts and crafts, fashioned by the state’s artists and artisans. Goa Handicrafts Rural and Small . It performs functions related to procurement and distribution of indigenous and imported raw material, Scale Industries Development especially for small scale units. Corporation . It has been instrumental in starting the ‘Deen Dayal Swayamrojgar Yojana’, a scheme to develop self- employment opportunities for the youth. . 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 Ltd . It looks after the development of IT-related infrastructure, ITeS and implementation of the government’s (ITG) e-governance objectives.
48 GOA For updated information, please visit www.ibef.org CONTACT LIST
Directorate of Industries, Trade and Commerce Goa Chamber of Commerce & Industry
Udyog Bhavan, Narayan Rajaram Bandekar Bhavan, T.B Cunha Road, Panaji- 403 001 Goa P.O. Box 59, Panaji - 403 001 Phone: 91-832-2226377 Phone: 91-832-2424252 Website: http://www.goaditc.gov.in/ E-mail: [email protected] Website: http://www.goachamber.org/
49 GOA For updated information, please visit www.ibef.org KEY APPROVALS REQUIRED … (1/2)
Approvals and clearances required Departments to be consulted Estimated time in days
Incorporation of company Registrar of Companies N.A.
High Powered Coordination Committee (HPCC) for large Registration, Industrial Entrepreneurs Memorandum (IEM), and medium-sized projects, Director of Industries, Trade N.A. Industrial Licences 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 under Water and Goa State Pollution Control Board 7 to 14 Pollution Control Acts
Approval of construction activity and building plan Town and Country Planning Authority 30
Sanction of power State Electricity Department Up to 60
Registration under the State Sales Tax Act and Central Sales Tax Department and Central and State Excise N.A. and Excise Act Department
N.A. – Not Available
50 GOA For updated information, please visit www.ibef.org APPROVAL PROCESS … (1/2)
. The Goa Industrial Policy 2003 has revamped the single-window clearance mechanism in the state.
. HPCC, chaired by Goa’s Chief Minister, has been appointed responsible for dealing with large projects. Members of the committee include senior- most officers of concerned state departments.
. The Director of Industries, Trade and Commerce handles small scale industries. The Goa-IDC and the District Industries Centre act as nodal agencies for various projects in the state. Goa-IDC handles the creation of SEZs in the state.
Under the Investment handled Chairmanship of Nodal agency
Goa Industrial Greater than US$ Development HPCC The Chief Minister 1.09 million Corporation (Goa-IDC)
Department of Director of Below US$ 1.09 District Industries Industries, Trade Industries, Trade million Centre and Commerce and Commerce
51 GOA For updated information, please visit www.ibef.org APPROVAL PROCESS … (2/2)
. Goa Investment Policy 2013, which laid a special thrust on development of Special Investment Regions, aims to kick start investment in Goan economy.
. This policy aims to articulate various initiatives being undertaken to make Goa a preferred and aspirational investment destination.
. It aims to create an institutional framework for facilitating investments in the thrust areas as well as other areas decided upon by the Investment Promotion Board (IPB)/Government of Goa on an ongoing basis.
Process for industrial set up in Goa
15 days Rejection Land not available
Evaluation and Detailed Preliminary Project Check on land recommendation by templatised Report submitted to availability in satellite expert proposal submitted IPB industrial estates consultant IPB Land to IPB approval earmarked 30 days Rejection
Receipt of all Nodal officer IPB decision on Evaluation and clearances for unit to approval who would investment proposal recommendation by establish facility and assist with all along with all satellite consultant start operations approvals Approval approving authorities
30 days 30 days 30 days
52 GOA For updated information, please visit www.ibef.org COST OF DOING BUSINESS IN GOA
Cost parameter Cost estimate
Industrial land (per sq ft) US$ 10–50
Office space rentals (per sq ft per month) US 60 cents to US$ 2
Residential rentals (for a 2,000 sq ft house per month) US$ 800–1,300
Five-star hotel room (per night) US$ 160–800
Power cost (per kWh) Industrial: US 4.7–7.3 cents
Labour cost (minimum wage per day) US$ 3.9–5.5
Source: Industry sources, Goa-IDC, Ministry of Labour and Employment, Government of India, Electricity Department, Government of Goa
53 GOA For updated information, please visit www.ibef.org STATE ACTS & POLICIES … (1/2)
. The Government of Goa has introduced the new Goa Investment Policy 2014 in order to boost investor confidence and attract new industries to Goa.
. Main objectives of the new policy include: making Goa an aspirational investment destination by making business a pleasure, for best in class manufacturing, knowledge-based, tourism, entertainment and other service industries, while improving the environmental and social indicators of the state.
. The state Government has announced plans to introduce a comprehensive IT policy with the objective of supporting the Electronic System Design and Manufacturing (ESDM) sector in the state.
. The state Government is working on the new tourism policy with a vision of overall tourism development and to engage with private players to invest and develop infrastructure in the state.
54 GOA For updated information, please visit www.ibef.org STATE ACTS & POLICIES … (2/2)
Objectives
. To make state of Goa most preferred destination for investors there by making IT/ITeS/ESDM a vibrant industry IT Policy 2015 leading to inclusive growth and employment generation. Read more
Mining Lease Policy, . The state Government can directly auction the leases in order to secure the best returns for the grant of leases by
2014 way of a competitive bidding process. Read more
Goa Investment Policy . Creating 50,000 jobs and investing US$ 4.2 billion in new projects in the next five years. 2014 . Providing 24x7 high-quality power supply and logistics infrastructure to industries. Read more
. 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 Read Biotech Policy 2006 more generation. Objectives of the policy include prioritisation of the thrust areas for basic and applied research and technology development, and promotion of innovations in R&D by providing financial and infrastructural support.
Goa Special Economic . To augment infrastructure facilities to boost exports. Zone Policy 2006 Read more
. 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.
Industrial Policy 2003 . 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
55 GOA For updated information, please visit www.ibef.org EXCHANGE RATES
Exchange rates (Fiscal Year)
Year INR equivalent of one US$
2004-05 44.81
2005-06 44.14
2006-07 45.14
2007-08 40.27
2008-09 46.14
2009-10 47.42
2010-11 45.62
2011-12 46.88
2012-13 54.31
2013-14 60.28
2014-15 60.28
2015-16 65.46
2016-17 67.09
Q1 2017-18 64.46
Q2 2017-18 64.29
Source: Reserve Bank of India
56 GOA For updated information, please visit www.ibef.org DISCLAIMER
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57 GOA For updated information, please visit www.ibef.org