Goa-IPB held its 38th Board meeting on 12th Feb 2025 under the Chairmanship of CM Dr Pramod Sawant
Goa-IPB held its 38th Board meeting on 12th Feb 2025 under the Chairmanship of Hon’ble Chief Minister Dr Pramod Sawant. The Board approved 9 projects with an investment potential of Rs. 733 crores with proposed employment of 2319 persons. The kind of projects approved include Pharmaceutical manufacturing, Warehousing, Machine tools manufacturing and Beverage manufacturing.
The Hon’ble Chief Minister along with the Hon’ble Minister for Industries emphasized on the need to ensure that maximum number of jobs created through these projects are provided for locals. The industry association representatives on the Board were nudged to coordinate with government agencies towards skilling of Goans.
Among the projects approved, there is an expansion by Procter & Gamble, under their subsidiary ‘Gillette Diversified Operations Pvt. Ltd.’ who will be manufacturing multi-vitamin tablets and food graded softgel capsules. There is also a project from Zydus Lifesciences Ltd. who will be manufacturing Repsules in a new unit proposed by them. Both these projects are by MNCs who have chosen Goa as their manufacturing base over many other countries in the world. This shows the ever-improving Ease of doing business in Goa as well as export
competitiveness of the State.
The Government of Goa has granted industry status to Logistics sector under which M/s Express Machines and Scaffolding Pvt. Ltd. was duly approved by the Board to set up another large warehousing facility in he State. One of the earlier approved eco-tourism project of the Board in Quepem region, which is now branded under Indian Hotels Corporation Ltd., was granted approval for expansion thereby showcasing the popularity of Goa both as industrial as well as tourism destination.
