Latest Project Updates
Rs.12814 Million New 4 Lane Construction Project in North Goa, Goa
Executive Summary: The Ministry of Road Transport and Highways is executing a major Rs. 12,814 million highway expansion in North Goa. The project upgrades a 7-km bottleneck stretch of NH-748 from Boma to Old Goa into a four-lane corridor under the Hybrid Annuity Model, incorporating 4.2 km of elevated roadways and dedicated service lanes to streamline interstate coastal freight.
Rs.925 Million New Hotel Construction Project in North Goa, Goa
Executive Summary: A new luxury hotel is being constructed near Mopa International Airport in Goa, featuring comprehensive leisure amenities including a casino and banquet hall. Spanning over 28,000 sq.m of built-up area across seven levels, this Rs. 925 million development aims to support airport-based tourism. Currently awaiting environmental clearance, construction is scheduled for completion by the end of 2028.
Rs.600 Million Integrated Paints Mfg. Expansion Project in North Goa, Goa
Executive Summary: A leading coatings manufacturer is tripling its water-based paint capacity to 96,000 KL/Year in North Goa. The Rs. 600 million expansion at Kundaim Industrial Estate focuses on automated, eco-friendly production. Currently awaiting environmental clearance as of April 2026, the project features an accelerated construction phase scheduled for December 2026 to ensure immediate market readiness.
Rs.4000 Million Resort Expansion Project in South Goa, Goa
Executive Summary: A luxury expansion project in Arossim, South Goa, is being developed for ₹4,000 million. The project adds 194 premium rooms, signature restaurants, a spa, and a gym to enhance regional tourism. Currently under SEIAA review as of March 2026, construction is scheduled from October 2026 to December 2028, aiming for completion before the peak winter season.
Rs.423 Million New Tablets Mfg. Project in Goa
Executive Summary: A pharmaceutical manufacturer plans to set up a new formulation facility at Verna Industrial Estate, Goa, to expand tablet, capsule, and syrup production. The project includes constructing a 39,330.08 sq m industrial shed with an investment of Rs.423 million. Pollution control consent was obtained in March 2025, construction begins January 2026, targets completion by January 2028, and environmental clearance is under review.
Rs.1050 Million New Westin Goa Majorda Beach Resort and Spa in Goa
Executive Summary: A redevelopment and expansion project is planned for a beach resort and spa in Majorda, South Goa, covering 26,164.05 sq. m. The project is valued at Rs. 1,050 million, with construction scheduled from January 2026 to January 2031. As of November 2025, the proposal has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
New Gasification Based Waste Treatment Plant in Goa
Executive Summary: A new mega handloom park is planned near Auto Nagar in Mangalagiri, Guntur, Andhra Pradesh, spanning roughly 10–11 acres with an estimated investment of Rs.150 million. The project aims to develop a dedicated handloom production and support hub. As of November 2025, pre-project activities are underway, marking early progress toward establishing the proposed facility.
New Hotel Project in Goa
Executive Summary: A new 90-key hotel project is planned in Calangute, North Goa, designed to cater to both leisure and business travelers. The facility will feature an all-day dining restaurant, specialty bar, banquet and meeting venues, spa, and outdoor swimming pool, among other amenities. As of September 2025, the management contract has been signed and the project officially announced.
Rs.140 Million Fresh Mushroom Production Expansion Project in Ponda, Goa
Executive Summary: A mushroom production facility in Usgaon Village, Ponda, Goa, is set to expand its monthly output from 280 to 340 metric tonnes, adding 60 MT/month to meet increasing demand. The ₹140 million project has received approval from the state pollution control authorities as of July 2025, enabling the establishment of the expanded production operations.
Rs.2765 Million Primary Gas Insulated Sub-Station Expansion Project in South Goa, Goa
Executive Summary: Siemens is undertaking an expansion project at its facility in Verna Industrial Estate, Verna, Salcete, South Goa. The initiative focuses on increasing the production capacity of its Primary Gas Insulated Sub-Stations (GIS) from 1,200 to 1,800 units per annum, and Secondary GIS from 5,000 to 15,000 units per annum. Additionally, the expansion includes setting up production for 250 Compact Sub-Stations and 150,000 components annually, such as switching devices and drives. The project, aimed at strengthening Siemens' capabilities in advanced electrical infrastructure manufacturing, is estimated to cost ₹2,765 million. As of July 2025, environmental clearance has been secured from the state pollution control authorities.