State hopeful of attracting more investment through revamped industrial policies

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    Digital Goa, Jan 2 – Goa govt’s newly introduced policy and regulatory changes will attract more investment in the industrial sector and enhance revenue and job opportunities, asserted CM Pramod Sawant today. He also announced that Invest Goa Summit 2024 will be held in Goa on Jan 29 in Panaji to attract investment in the state. Sawant was speaking to media persons after holding Industry Interaction Progamme with GCCI, CII, GSIA and other industry bodies. New Goa IDC logo was also launched during the event. Industry bodies welcomed the reforms brought through Goa Industrial Development Corporation (Allotment, Transfer, and Sub-Lease Regulations), 2023 including single-window clearance for land allotment and construction of industries. Commercial plots will be made available to industries through a simplified auction route. Transfer and sublease processes have also been liberalised as a part of the “ease of business exit” policy. The notified rules also speak of incentives to women entrepreneurs, intellectual property holders and startups. The state government has accorded industry status to logistics warehouses and Information technology (IT) & ITES companies, CM informed.