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Corporates and MNCs in Goa

Goa has seen significant development in the corporate sector in the recent years. Well known companies both domestic and international have responded well to the offerings of Goa and called for investments. The official figures indicate that Goa till date has 6047 industrial units, with an investment of Rs 1941 crore.

Big industries that have approached the government to start business in Goa with a total investment of more than Rs 21 crore could create many jobs. Some of them are Lakme Lever Ltd, Binani Industries Ltd, which proposes to manufacture molded glass fibre products, FDC Ltd, Indian Oil Corporation with plans for LPG filling plants.

Corporates and MNCs in Goa have added suitable features like recreational facilities that make for an invigorating work culture, removing any hint of fatigue and monotony. They have ensured that the office spaces in Goa have the right ambience to make work exciting and make employees realize their potential.

Pepsi Foods Ltd, one of the biggest soft drink MNC is likely to take over its bottling operations in Goa and Karnataka from its three-year old franchise bottler. Its marketing operations in the three Konkan districts of Maharashtra are being handled here.

The Hindustan Coca Cola Bottling Southwest Pvt. Ltd has now commissioned a 30-crore mega plant in Goa. There are industries like Rs. 520 crore worth Italian project of automobile parts of Taksid Kalyani waiting for the extension of tax holiday to get into action. Japan and several firms from Singapore and Hong Kong have shown interest in exploiting Indian tourism sector in a major way.

Major cellular service operators in Goa include names like Reliance Infocomm, Tata Indicom, BSNL, Hutch, Bharti Airtel and Idea cellular.

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