For over 10 years, efforts to provide industrial have remained at a standstill, much to the frustration of local entrepreneurs and manufacturing units. The Rs 10 crore budgetary allocation made for Goa Industrial Development Corporation (GIDC) is insufficient to address the requirements of the industrial estates atVerna,Kundaim, Pilerne, Madkai, Colvale and other places.
Goa’s industrialists want the government to allocate higher funding, particularly if power, raw water, roads and other amenities need to be put in place at Latambarcem, Shiroda, Panchawadi, and Sanguem industrial estates.
According to the government’s own admission, industrial plots cannot be allotted at Latambarcem as roads and power infra are not available.
Goa Investment Promotion Board approved four investment proposals in Latambarcem Industrial Estate while GIDC allotted a 50,000 sqm plot to Unichem Laboratories in April 2021.