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Information on Industries of Goa
Medium scale industries include the manufacturing of pesticides, fertilisers, tyres, tubes, footwear, chemicals, pharmaceuticals, wheat products, steel rolling, fruits and fish canning, cashew nuts, textiles, brewery products.
Zuari Industries and Sesa Goa are two S&P CNX 500 conglomerates which have corporate offices in Goa. The Goa government has recently decided to not allow any more special economic zones (SEZs) in Goa. This is in stark contrast to policy followed by other states of India. SEZs are known to bring tax revenues for the government and employment option for local citizens since industries flock there for lower tax rates as compared to other areas. Currently there are 16 planned SEZs in Goa. This decision was taken by state government after strong opposition to SEZs by political parties and Goa catholic church.