Goa to Receive New IT Park and Startup Cluster for Greenfield Development says State Minister

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Goa is set to receive a boost in its technology sector, with plans afoot for a greenfield IT park and a start-up cluster that will house more than 5,000 professionals. State IT Minister Rohan Khaunte confirmed that the IT park project will be constructed in Porvorim, while the start-up cluster will be located in Chimbel, both close to Panaji. Khaunte revealed that over 150-200 small and medium-sized companies will take up residence in the new working spaces. Goa has already witnessed a surge in start-ups, and the contribution of MSMEs to its GDP is 30% with 50% of exports. These businesses have made significant strides in a variety of industries including tech, tourism, hospitality, and e-commerce.

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