Goa - Investment and Industrial Policies
The State of Goa is located in the western coast of India. It is bound by Maharashtra in the North, Karnataka in the south and east. It is administratively divided into two districts and 11 talukas. In 2001 census, 359 villages including 12 uninhabited villages from the rural areas and 44 towns (14 statutory and 30 census towns) constitute urban areas.
Though the State has an length of 105 kms from north to south and it measures 60 kms in its maximum width west to east, its total area is only 3702 square kilometers.
The State of Goa, traditionally a rural economy with a strong mining base, has been transformed into a fast-growing industrial center since liberation. The number of Small-Scale, Cottage & Tiny Industrial Units have crossed the 6000 mark. The number of Medium & Large-Scale units rose from a mere 46 units in 1961 to 147 as of today. The industries encompass 50 sub-sectors with a thrust in pharmaceuticals, electrical and automobile accessories. This has been possible due to tremendous strides the State has taken to achieve all round development since its liberation.
Biotechnology has established itself as an engine of economic growth globally. With its outstanding contribution in the fields of agriculture, human and animal healthcare, environment management and processing industry. It is widely acclaimed as the technology of the 21st century, the impact of which is expected to be far greater than that of the trailblazing achievements of information technology in the last few decades.
Goa has an ideal advantage to make the state an attractive destination for attracting software and hardware companies and even promote local IT companies. It has good infrastructure for promoting IT.
The IT/ ITES industry is extremely suited to Goa owing to the industry's inherently non-polluting character and the fact that it makes only conservative demands on precious resources such as land, electricity and water. The government is keen to encourage the IT/ITES industry in the state in a big way. The government firmly believes that information technology is the key to enhancing the welfare of the citizens of Goa as IT can create employment opportunities for an increasing proportion of the population in a variety of diverse sub-sectors.