Goa is the place which is traditionally known for tourism. In
fact Goa is also a favorable place for manufacturers. Goa is the second largest
producer of iron ore in India. Goa has produced 20.3 % of India’s total iron
ore. And they exported over 70 percent of the output. Pharmaceutical is a key
industry for Goa’s industrial sector. Goa pharmaceutical manufacturers produce
12 percent of total medicines produced in the country. Goa manufacturers have
well-developed social, physical and industrial infrastructure.
The state’s 10 percent of the total investment is spent to
manufacturing industry. Goa is a base for some manufacturing industries like
fertilizers, electrical machinery, automatic washing machines, fish-net making
machines, printed circuit boards, cements, pharmaceuticals, pharmaceuticals
machinery, tyres and tubes. Goa manufacturers contribute more to the state’s
economic growth and country as well. A large proportion of population can speak
more than one foreign language like English and Portuguese. This knowledge in
literacy speaks sound in highly skilled and well educated labour pool. Goa
manufacturers have advantage of such labour pool.
Goa government offers several industrial policies and
incentives to encourage manufacturers to invest more on manufacturing. Thus Goa
manufacturing industry contributes more to the economic development of the
state. Goa manufacturers concentrate more on research and development to meet
the competitiveness among other manufacturers. They are strong in technological
advancements because of the highly developed information technology industry.
This is the reason behind the quality products of Goa manufacturers.
Bizbilla.com has reputed and genuine manufacturers list for
global trade. Bizbilla connects you with the quality manufacturers of various
categories in Goa.