The central government will collaborate with the Goa government to create a framework to attract high-tech industries, including data centres and semiconductor facilities, aiming to establish a “mini Silicon Valley” in Goa, commerce and industry minister Piyush Goyal said on Friday.
“In this framework, we envision developing Goa as a preferred destination for data centres, semiconductor chip design and development, and high-end electronics and automotive manufacturing,” he said while addressing the Amazing Goa Global Business Summit.
Goyal also highlighted plans to create a mini hub for Global Capability Centers (GCCs) of multinational corporations in Goa. “With data storage capacity, infrastructure, and a high quality of life, I am confident Goa will emerge as a business center that the world will envy,” he added.
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In September, Goyal proposed a new township dedicated to entrepreneurs, startups, innovators, and disruptors, envisioned as India’s Silicon Valley. He acknowledged Bengaluru’s role as India’s current tech capital but suggested a partnership with the National Industrial Corridor Development Corporation (NICDC) to establish a concentrated support area for emerging businesses.
NICDC, a government entity, is responsible for creating 20 smart industrial cities across India’s key corridors, with cabinet approval for 12 cities granted in August.These comments by the minister had led to a mild political storm with Karnataka industries minister M B Patil saying that Bengaluru was not built in a day; it took decades, centuries to build the city. You can build roads and infrastructure but the ecosystem takes decades to build.
Goyal’s remarks sparked some political tension, as Karnataka industries minister MB Patil responded that Bengaluru’s ecosystem took decades, even centuries, to develop, noting that while infrastructure can be built quickly, a robust tech ecosystem requires time. Goyal later criticised Karnataka’s perceived neglect of Bengaluru’s business environment, suggesting the state focus on transforming Tumakuru Industrial Township—among the 12 approved smart cities—into a Silicon Valley-like hub.
From: financialexpress
Financial News
