Upcoming Industrial Policy of Goa will remove red tapism, assures Hon’ble Minister Shri Godinho
“The much-awaited MOPA Airport will become a reality in 45-60 days as the airbus on trial basis landed just a week ago. This airport is set to redefine the logistics industry
in Goa as it will have a fully integrated logistics section to handle perishable goods as also general goods and heavy industrial cargo. This airport is slated to be one of the
15 hubs along the Trans-Atlantic, Mediterranean, Trans-Pacific flight paths,” said Shri Mauvin Godinho, Hon’ble Minister for Transport, Industries, Panchayat and Protocol,
Government of Goa at the Roadshow for Invest Goa at WTC Mumbai. The two-day Invest Goa Summit will be held from October 6-7, 2022 at Goa.
Speaking about the slew of reforms being carried out to promote ease of doing business in the state, the Hon’ble Minister informed, “The upcoming Goa Industrial Policy will be a landmark initiative to promote ease of doing business in the state. Under this policy, government approval will be given instantaneously for all the industrial projects that are eco-friendly. The government is simplifying the procedure for SANAD for conversion of industrial and commercial land. The state has also relaxed floor area ratio for 4 star and 5 star hotel projects. Besides, the minimum land required for eco-tourism project has been reduced from 20,000 sq m to 5,000 sq m. In the latest evaluation of ease of doing business survey, the state’s ranking improved from 24th slot to 16th. The state government has passed 57 amendments to de-criminalise minor offenses and reduce penalty under various Acts and the relevant notifications will be issued shortly.”
The minister informed that the state is promoting IT, ITeS, pharmaceuticals, biotechnology, agro-processing and niche tourism as focus sectors for investment.
Speaking on this occasion, Dr. Vijay Kalantri, Chairman, MVIRDC World Trade Center Mumbai remarked, “WTC Mumbai will support Invest Goa program by leveraging our global network of more than 320 WTCs across around 100 countries/regions. The Center will also promote Goa through the diplomatic missions and trade attaches of foreign countries in India.”
Dr. Kalantri suggested the Hon’ble Minister to promote Goa as the safest destination for foreign and local investors in the country. He remarked, “Goa is the top ranking location for tourism in India and this bears testimony to the law and order, peace and safety of the state. Goa is the only state in India to adopt a Civil Code and it has achieved gender equality. In order to attract investment in the state, the state government may announce dedicated industrial parks for a select list of sectors such as electric vehicle, green energy, green hydrogen, agro-processing and textiles.”
In his introductory remarks, Mr. Ralph de Souza, President, Goa Chamber of Commerce & Industry remarked, “Goa is indeed a place where you can do “Business with Pleasure” and where it is a “Pleasure to do Business”. Goa was one of the top 10 destinations to visit during the millennium and another three times thereafter. Goa contributes 15% to the indigenous pharma production of India and 80% to the construction equipment manufacturing of the country. The state is a temple of learning where 100% population is well and truly educated. The state enjoys direct flight connectivity with 11 European destinations. The railway authority is planning to double the tracks to reduce travel time between Mumbai and Goa to less than five hours on express trains.”
The event was also addressed by Mr. Lalit Gandhi, President, Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) and Mr. Manguirish Pai Raiker, Chairman, National Council for MSME, ASSOCHAM. Ms. Ujjwala Singhania, Immediate Past President of FICCI Ladies Organisation and Mr. Sanjay Amonkar, Director General, Goa Chamber of Commerce & Industry also participated at the event.
The program was graced by consular corps from foreign countries and members of trade and industry.