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Shop 11
c/o Heritage Organizers
Sodder's Landmark
Tito's Road
Baga, Bardez
Goa 403516

Tel:
+91 98 90 449 719

Email:
enquiries@eclipsepm.com

 
Economy

Tourism is Goa's primary industry handling 12% of all foreign tourist arrivals in India. Tourism is particularly important along Goa's coastal stretch, but its impact is more limited in the interior parts of the state. Goa also has India's only casino, which is on a luxury cruise liner.

The land away from the coast is rich in minerals and ores and mining forms the second largest industry. Mining in Goa focuses on ores of iron, bauxite, manganese, clays, limestone and silica.

Agriculture, while of shrinking importance to the economy over the past four decades, offers part-time employment to a sizable portion of the populace. Rice is the main agricultural crop, followed by ragi, cashew and coconut.

The fishing industry provides employment for about forty thousand people, though recent official figures indicate a decline of the importance of this sector and also a fall in catch, perhaps coupled with the fact that traditional fishing has given way to large-scale mechanised trawling.

Small 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.

Goa is also notable for its low liquor prices due to its very low excise duty on alcohol.

Another source of cash inflow into the state comes from many of its citizens who work abroad and remit money to their families.

 

 
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