Snapshot

6 mn tourist arrivals in 2016, five times the population of Goa

Goa attracts a large number of tourists from across the globe and is accessible through an international airport. International carriers operate around 500 air charter flights between Goa and countries such as Germany, Russia, the UK, Sweden, Switzerland, Finland and Norway.

Goa is a coastal state located in Western India. Goa is accessible through sea-route and has a presence of one of the 12 major ports in India at Mormugao. The state is also well-connected through rail and road routes. The National Highway-17 connects Goa with Mumbai in Maharashtra and other major cities in Karnataka. 

The state is richly endowed with minerals such as iron ore, manganese, ferro-manganese, bauxite and silica sand. It has about 22 industrial estates established by Goa Industrial Development Corporation. Goa has installed power capacity to produce 560 MW.

Iron Ore

3rd largest iron ore concentrate in India

Highest Literacy

3rd highest literacy rate amongst Indian states

Cargo Traffic

Highest growth in cargo traffic (60%) registered by Mormugao port during 2016-17

Tourism

Tourism is the highest contributor to Goa's GSDP under the service sector.

The state recorded tourist arrivals of 6.3 mn in 2016, with a sector growth of 20%. The state hosts multiple social and cultural events on a global scale annually.

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IT and ITeS

As per state budget 2016-17, Government of India granted the approval to the state government for constructing the Electronics Manufacturing Cluster in Tuem.

The central government also provided the state with a central assistance of $ 7.6 mn.

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Pharmaceuticals

Export of pharmaceutical products from Goa was recorded to be 5,076 metric tonnes during 2015-16.

The pharmaceutical industry is one of the major employers in the state.

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Mining

Iron ore exports from the state increased from 0.6 mn tonnes in 2014-15 to 3.57 mn tonnes in 2015-16, thereby witnessing a 4X growth.

The mining belt of Goa covers an area of approximately 700 sq km and is mostly concentrated in Bicholim, Salcete, Sanguem and Quepem.

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62

Urbanisation Rate

Females/ 1000 Males
973

Female/Male Ratio

Male/Female Ratio

Demographics

About 67% of Goa's population is in the working age group of 15-59 years.

Goa stands at 26th position in terms of population among all states in India. The total population of the state is 1.5 mn.

  • Open

    Goa Beach Shack Policy 2016-19

    To accelerate the shack allotment process.

  • Open

    Goa Investment Policy 2014

    To make Goa an aspirational investment destination by making…

  • Open

    Goa IT Investment Policy 2015-20

    To create a world class IT infrastructure in Goa.

  • Open

    Goa IT Policy 2018

    To create a globally competitive IT ecosystem, and promote i…

  • Open

    Goa IT Policy Schemes

    The various schemes for investment promotion under the Goa I…

  • Open

    Goa Minerals Policy 2013

    To develop and exploit mineral resources in a scientific and…

  • Open

    Goa Startup Policy 2017

    To promote the state as a preferred startup destination and…

  • Open

    Goa Startup Scheme 2017

    Schemes under 'Goa Startup Policy 2017'

  • Open

    Goa State Mission for Food Processing Sc…

    To increase processing levels, reduces wastage and increase…

  • Open

    Goa State Solar Policy 2017

    To promote solar energy as a source of power in the state an…

Investible Projects

Investment Opportunities in Goa

  • Projects

    46

  • Opportunity

    $989.98 mn

  • Promoters

    4

  • District

    2

  • Private Projects

    0

  • Govt. Projects

    46

open

$187.12 mn

Belgaum-Panjim Road Upgradation Project [North Goa-Belgaum]

State (s) Goa
open

$168.58 mn

Convention Centre Project [Goa]

State (s) Goa
open

$140.48 mn

Majorda-Madgaon Station Flyover Project [South Goa]

State (s) Goa
open

$119.41 mn

Berths Development Project - Mormugao [South Goa]

State (s) Goa

Data on Map

  • Information about Goa
  • Industries in Goa

Major Investors

Updates from Goa