Daijiworld Media Network – Panaji

Panaji, Sep 11: In a move to strengthen the logistics and warehousing sector, the Goa government has approved a new policy offering a host of incentives, including capital investment subsidies and support for local employment.

Chief Minister Pramod Sawant announced after Wednesday’s cabinet meeting that the policy aims to attract investment and create jobs. Industries Minister Mauvin Godinho said companies employing at least 60% Goan workers will receive full benefits, while those with 40–60% Goans will qualify for partial incentives.

Key provisions include a capital investment subsidy of up to Rs 50 lakh, an interest subsidy on loans for three to five years, full reimbursement of stamp duty and registration fees, and electricity duty reimbursement for cold chain units. Firms will also be eligible for a skill development subsidy of up to Rs 5,000 per Goan worker—capped at Rs 50 lakh for a maximum of 1,000 workers—as well as subsidies for quality certification and up to Rs 2 lakh to upgrade logistics and management software.

Godinho highlighted the sector’s growing potential, noting that most recent investment proposals are in logistics and warehousing. With the Manohar International Airport at Mopa enhancing rail, road, air, and sea connectivity, he said the new policy could transform Goa into a major logistics hub.