Goa to host Invest Goa 2024 summit on January 29

Godinho said that the summit would showcase the launch of various initiatives taken by Goa IDC to enhance the Ease of Doing Business in the state and various platforms being provided to industries interested in investing in Goa.

The minister said that 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 said that organizing an event like Invest Goa 2024 brings numerous benefits to Goa, like other large-scale investment summits.

The minister said that 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 said.

Godinho said that while Goa is already known for its robust tourism sector, events like Invest Goa 2024 help in diversifying the state’s economy by attracting investments in new and varied sectors like renewable energy, logistics and warehousing, IT and ITeS. The minister said that increased investment leads to the creation of employment opportunities across various sectors, benefiting the local population.