The Goa Investment Promotion Board (Goa IPB) has approved nine projects worth an estimated 733 INR-Crore. These projects are expected to create 2,319 jobs in the state. The board greenlight new investments and expansions in the pharmaceutical, warehousing, machine tools, and beverage sectors.
Among the approved projects is Procter & Gamble’s proposal to expand operations at its Usgao manufacturing facility. This will be implemented through its subsidiary, Gillette Diversified Operations. The multinational company plans to introduce a new product line for multivitamins and supplement tablets with an investment of 320 INR-Crore. Additionally, Zydus Lifesciences Ltd received approval to expand its manufacturing at the existing Kundaim industrial estate.
Also Read: World Economic Forum 2025: Key Investments
The Goa IPB also approved a large warehousing facility by Express Machines and Scaffolding Pvt Ltd. Furthermore, an eco-tourism project at Quepem, operated by Indian Hotels Corporation Ltd, was granted approval for expansion. Overall, these projects are expected to bring significant investment and job opportunities to the state.
Biltrax Construction Data is tracking 33,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
