Chief Minister Dr. Pramod Sawant chaired the 40th Meeting of the Goa Investment Promotion & Facilitation Board (Goa-IPB), in the presence of the Industries Minister Shri Mauvin Godinho , GIDC Chairman Shri Reginaldo connect , Chief Secretary, Dr. V. Candavelou, IAS, senior officials and industry representatives.
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β’ Approved 10 new projects with a total investment of βΉ217.25 crore, generating 941 jobs across sectors such as aviation & adventure tourism, food processing, automobile & mobility, packaging, tourism & hospitality, logistics, electronics and toys manufacturing.
β’ The Board also reviewed large investment proposals seeking incentives under the Goa Industrial Growth & Investment Promotion Policy, 2022:
β Vedanta Ltd.: βΉ722 crore DI Pipe manufacturing project, 585 jobs
β 3B Advanced Composites Pvt. Ltd.: βΉ1500 crore expansion in glass fibre manufacturing, 1,000 jobs
β Siemens Ltd.: βΉ363 crore medium voltage switchgear unit at Verna, 182 jobs.
