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The state is traditionally known as a tourist paradise, but it also has a robust presence in agriculture and fisheries as well as mining (iron ore and manganese). Being one of the highest literacy rates in the country, the flourishing set of knowledge-based industries, including pharmaceuticals, biotechnology, and IT, are exploring more investment opportunities in Goa.
The state is richly endowed with minerals such as iron ore, manganese, ferromanganese, bauxite, and silica sand. It has about 22 industrial estates established by Goa Industrial Development Corporation and an installed power capacity to produce 650.09 MW. This opens the doors for many new business opportunities in Goa. The state offers a low crime rate and strong infrastructure, including seven formally approved and three notified special economic zones (SEZs) (as of December 2022).
4th highest literacy rate amongst Indian states & UTs
Goa is the one of the most urbanized state in India with 62.17% urban population
Among top 3 states with highest Per Capita Net State Domestic Product in India