Goan Small Scale Industries to get huge Boost through GSL Contract

Very soon the tiny and small scale industries of Goa will have huge boost in their business on the account of big order bagged by the Goa Shipyard Limited to build “Make in Goa” 12 minesweepers costing 32,000 crores. This can be also considered as ACCHE DIN of Goan SSI & Tiny industries. According to the information revealed by the GSL CMD to the media on Wednesday CMD RAdm Shekhar Mittal has assure the 90 per cent of the benefits of the Defence Ministry order to build 12 minesweepers will go to the local small scale and tiny industries based in Goa. “It is ‘Make in Goa’ from now onwards with Goan industry heading for the largest slice of the pie from the Rs 32,000 crore order bagged by Goa Shipyard Limited” Said Mittal.

According to CMD of Goa Shipyard the huge order has tremendous scope to manufacture the small components and ancillaries in Goa and Goan units will be given the first preference in become the suppliers. He laid his trust on the local units and their quality control standards. The Vasco based government undertaking Goa Shipyard is open for the setting up of production facilities for local units and ready to support them with technology tie-ups, finance and marketing support. The 32,000 crore order from the Ministry of Defence will bear the fruits over the period of 10 years actual rewarding will start from 2018.

Mittal was addressing the three days South Korea Delegation Meet on “Make in Goa” for Defence and Marine Ancillary Industry. Total 30 Korean companies have participated into it to collaborate with the local units in production. The company is in process of setting up a 24X7 facilitation cell to promote tie-ups and address concerns, the cell will address the queries from the Korean companies.

The meet was organized by CII Goa chapter along with GSL to bring all the stakeholders on one platform to explore the possibilities of involvement of local manufacturing units into this big project. Policy makers from India and South Korean governments along with all the heads of public and private shipyards in both the countries were participated into this meet.


Prominent delegates from Korea are Park Sun Kook, president, Bhusan Chamber of Commerce and Industry, Yoon so Park, chief director, Korean Marine Equipment Research Institute along with CEOs of attending Korean companies. From the Indian side the heads of Pipavav Shipyards, MDL Shipyards, Naval HQs and Coast Guard were present. Local agencies such as DITC, EDC were also present. Officials from MOD and Ministry of Transport, Delhi have specially come down for the occasion.

Goan industry was out in full force for the meet with participation from about 54 companies. A business-to-business (B2B) meeting between Goan and Korean companies took place earlier in the afternoon with across-the-table sessions. Prominent industrialists were spotted talking to Korean counterparts.

Later during the event Parag Joshi, president, CII-Goa delivered a speech followed by Parth Sharma, vice chairman, Indian Chamber of Commerce, Korea. Sharma said that Korean ship building industry is the largest in the world and is seriously looking at India as a market. But persuading them to come to Goa to forge collaborations was difficult. Shekhar Sardesai, president, GSIA made the concluding address.

Source: NT

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