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Second highest iron ore concentrate in India.

GOA

Beautiful heritage sites, white sand beaches, rich flora and fauna make Goa a tourist haven. The smallest state in India is also the richest one with the highest GDP per capita. This biodiversity hotspot is rich in ores and minerals and has mining as its second largest industry, while its economy is mainly tourism driven.  

 

Key upcoming projects

- Government has proposed setting up of an IT Hardware and Electronics Park and dedicated industrial parks for MSMEs in light engineering, IT and food processing sectors

- Greenfield Airport at Mopa in North Goa

- Smart Cities Mission, for which Panaji is the city identified in Goa

Highlights

  • 1
    Second highest iron ore concentrate in India
  • 2
    Highest growth in traffic (41%) seen by Mormugao port in 2015-16
  • 3
    Third highest literacy rate in India

HIGHLIGHTS

Key Sectors

Tourism

Tourism

Tourism is the highest contributor to the GDP of the state. Goa is a host of multiple social and cultural events on a global scale. It is the ‘party destination’ of India. 

Pharmaceutical

Pharmaceutical

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

Mining

Mining

Goa has a mining belt covering a large area which is mainly concentrated in Bicholim, Salcete, Sanguem and Quepem. The mining industry has witnessed significant growth over the past years.

IT and ITES

IT and ITES

As per the state budget of 2016-17, Government of India granted the approval to the state government for constructing the Electronics Manufacturing Cluster in Tuem by providing a central assistance of USD 7.6 million to the state government.