Goa to Become Startup & Logistics Hub: Suresh Prabhu

Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu said his ministry is working on a blueprint to make Goa a startup and logistics hub.

He said this after the inauguration of the ‘green’ building centre at Kudaim Industrial Estate by ACC Cement Company in partnership with Goa’s ALCON group.

Prabhu said that global investors will meet in Goa in December to help finance the start-up community in the State.

He said the Centre was thinking of making Goa as the start-up and logistics hub to create more jobs and that it will also promote agricultural export from the coastal state.

Prabhu quoted, “Goa has a port, good railway connection, and an airport. We have already sent a team here. We are preparing a blue print, and the State government will have to be part of that.”

“One of the problems faced by start-ups is finance. We have called all global players who are into financing. This event, to be held on December 7, will bring in global players for investment in the sector for the first time,” Prabhu said.

“We are thinking of creating a national hub of start-ups in Goa,” he said, adding that he is also looking forward to see the state become a new hub of “green ideas”.

A logistics hub will also be set up in Goa as the state has the entire infrastructure required for the facility, he mentioned.

“All logistics-related issues are under my ministry. We are preparing for the first time an integrated logistics plan for India and in that plan, I had said that we will keep a logistics hub in Goa,” he said.

Prabhu said, “Goa is ideal for creating the logistics hub which will result in huge job creation.”