Thursday, November 21, 2024
Goa

Economy

Industry

Mining is one of the principal source of Goa's industrial and trade development and offers considerable scope for employment. Mineral resources are an asset of Goa and iron ore is a leading commodity. Other minerals include manganese ore and ferro-manganese ore which are produced and exported,
but iron ore occupies the pride of place in Goa's economy. Some of the most productive and important mines are located in the northern and eastern parts of Goa.

There are units manufacturing a variety of items like pesticides, fertilizers, tyres and tubes, iron ore pellets, foot wear, chemicals, pharmaceuticals, sugar, wheat products, steel rolling, fruits and fish canning, cashew nuts, textiles, brewery products etc. There are handicrafts units mainly engaged in the manufacture of wood, crafts, brass, pottery, handloom, leather and bamboo crafts etc.