Govt looking to establish ‘mini-Silicon Valley’ with GCCs in Goa: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has said that the government is looking to set up a “mini-Silicon Valley” replete with a hub for global capacity centres in Goa. Stating that the presence of the wellness industry, regenerative tourism, and home stays alongside five-star hotels and cultural tourism make Goa an attractive destination, the Minister highlighted a recent survey which had judged the state as the best wedding destination in India.

Speaking at Amazing Goa Global Business Summit where he had joined remotely from Mumbai, the Minister said that 23 industrial estates in the coastal state are currently attracting investments which presents a large opportunity for global and domestic investors to co-develop.

The Central and the state government aim to create an additional framework for hi-tech industries to come to Goa as a preferred destination for data centres, to develop and designing high quality semiconductor chips and for producing high-quality electronics and automobile products. Several plans of the state government in the sector may also need Central funding.

The Goa Information Technology Development Corporation (GITDC) is already working on a plan to set up a data centre on 11,185 square metres of land in the state and is in process of estimating the total project cost and identification of potential suppliers for the requisite technology and infrastructure. Plans also include a cloud-based data centre on public-private partnership (PPP) mode and a revenue share arrangement.

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