PROCEDURE TO START AN INDUSTRY IN GOA

The Industry/entrepreneur desiring to invest in Goa must register in the Goa-Online Portal . After registration, the industry/entrepreneur must apply for In-Principle approval under “All Services” tab. Fill in the application form and attach relevant documents. Submit the application and pay the requisite initial processing fee online as displayed during the application. The application is then verified by Goa-IPB and investors are asked for shortcomings in documents (if any). Subject to successful verification, applications are evaluated by the concerned officers and placed to the Board for approval. The Board approves/rejects the application based on the evaluation and other criteria.

The industry/entrepreneur based on their requirement must select one of the 3 options during the online application process:

• Application For new investment/expansion (Requiring land from IPB land bank)
• Application for facilitation only (investor having land with clear title and zoning)

New Investment / Expansion: The investor can demand land from the Goa-IPB industrial land bank during the online application. Once In-principle approval is given, the land is allotted to the investor and the investor must pay for the land as per the rates mentioned in the Goa-Industrial Development Corporation (GIDC) regulations. Further Goa-IPB will facilitate for necessary approvals of the investor from the departments required for establishment and operations.

Investor possessing private land in Goa: The investor possessing private land with clear title and zoning can apply for facilitation from the Goa-IPB for approval of approvals/clearance required for establishment of industry in the private land. This includes, notification of Investment Promotion Area (IPA), change of land use (SANAD) and all other approvals required for establishment and operation of the industry.

Industrial Land through GIDC auction: The investor can acquire the land prior to applying for In-principle approval through the auction conducted by GIDC periodically. Once the plot is allotted, the applicant can apply for in-principle approval for facilitation purpose.