Foreign Direct Investment (FDI) in Goa

Why Invest in Goa

• Tourism Industry: A global hotspot for leisure, medical, and eco-tourism.
• Proximity to Markets: Strategic location with excellent connectivity to Mumbai and other coastal regions.
• Sustainable Development: Focus on sustainable tourism and renewable energy projects.
• Government Incentives: Investor-friendly policies promoting infrastructure development and business opportunities.

Incentives & Schemes

• Tourism Infrastructure: Special incentives for setting up tourism-related infrastructure and services.
• Industrial Investment: Benefits for manufacturing and mining, especially in eco-friendly industries.
• Renewable Energy: Focus on solar energy and wind energy projects to support green growth.

Key Economic Data: Goa

Category	Details
Capital	Panaji
GSDP (2023–24)	₹84,000 crore
Growth Rate	8.5%
Per Capita Income	₹5,05,000
Top Sectors	Tourism, Mining, Agriculture, Services
FDI Share in India	0.3%
Top FDI Sources	UAE, USA
Cumulative FDI (FY2024)	₹1,200 crore (Q1)
Policy Impact	Focus on sustainable tourism, renewable energy, and infrastructure
Recent FDI	₹500 crore (2020–21)

Latest Insights

• Goa attracted ₹1,200 crore in cumulative FDI by Q1 FY2024.
• Tourism remains the driving force of the state’s economy, with strong government support for eco-tourism and hospitality.
• Government initiatives are promoting green energy and sustainable tourism growth.