Invest Goa 2024 Summit To Begin On January 29: State Minister Godinho

The minister said that the Summit will be held in Panaji and aims to provide a platform for key stakeholders to interact, brainstorm, and discuss the best practices to focus on growth opportunities

The Goa Industrial Development Corporation (Goa-IDC) in collaboration with the Confederation of Indian Industry (CII) is organising the Invest Goa 2024 summit in Goa on January 29 to boost new investments in the state, State Industries Minister, Mauvin Godinho, said on Tuesday. 

In conversation with PTI, the minister said that the Summit will be held in Panaji and aims to provide a platform for key stakeholders to interact, brainstorm, and discuss the best practices to focus on growth opportunities going forward. Godinho informed that the event will see participation from industry experts, crucial government officials, thought leaders, distinguished political personalities, and other eminent stakeholders. 

The Summit would include the launch of several initiatives taken by Goa IDC to improve the ease of doing business in the state and showcase the multiple platforms being provided to industries interested in investing in the state, he said.

“The Summit will also showcase sectoral session on 'Logistics and Warehousing' sector on the theme Unleashing strategic investments in Logistics and Warehousing for Sustainable Growth, another sectoral session on the 'IT/ITeS' sector on the theme Tech Transformation: Navigating the Digital Future and a country session on the theme Global Synergy for Sustainable Prosperity: Collaborative Growth at Invest Goa 2024,” Godinho added. 

On the benefits that the event brings to the state, the minister noted, “Invest Goa 2024 is a platform to showcase the state's economic strengths and potential, attracting national and international investors. This leads to increased investment in various sectors, fuelling economic growth. Such events enhance Goa's visibility on the national and global stage, positioning it as a prime destination for business and investment. It helps in building a positive image and reputation internationally.”

He further stated that such events help diversify Goa’s economy by bringing in investments in new sectors such as renewable energy, logistics, and warehousing, among others. This would further lead to employment generation across various sectors, helping the local population, he noted.