Tag: GoaBusiness

Events in Goa

Malabar Gold & Diamonds Enters Goa with State’s Largest Jewellery Showroom in Panjim

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

Malabar Gold & Diamonds announced its entry into Goa with the opening of its first showroom in the state at Dayanand Bandodkar Marg, Miramar, Panjim. The new store, which is also the largest jewellery showroom in Goa, marked a significant milestone for the brand as it expanded into a market shaped by strong family traditions, lifestyle-led consumption and consistent domestic and international tourism.

The showroom was inaugurated by Bollywood actor Anil Kapoor in the presence of Filsor Babu, Regional Head – Karnataka, along with senior members of the Malabar Gold & Diamonds management team, guests and well-wishers. Spread across more than 6,000 square feet over a Ground plus one floor layout, the Panjim showroom was designed as a large-format destination store with clearly defined category zones, comfortable browsing spaces and an organised service flow to enhance the customer experience.

Goa represents a distinct jewellery market supported by long-standing local demand and evolving lifestyle preferences. The Panjim showroom reflected Malabar’s strategy of entering high-potential markets with scale and depth, allowing customers to explore and compare a wide range of designs, price points and occasions under one roof.

The store showcased Malabar Gold & Diamonds’ extensive portfolio across bridal, festive and everyday jewellery. Customers could explore traditional wedding collections, heritage-inspired designs and contemporary styles across gold, diamond, platinum and gemstone jewellery, curated to suit diverse tastes and lifestyles. Alongside occasion-led jewellery, the showroom also featured modern everyday designs such as diamond pendants, bracelets, studs, cocktail rings and platinum pieces, offering versatility across age groups.

Commenting on the launch, M. P. Ahammed, Chairman of Malabar Group, said Goa was a market with a deep cultural connection to jewellery and customers who value variety and quality. He noted that the large-format store was created to bring the full breadth of Malabar’s portfolio together while continuing the brand’s focus on transparency, comfort and consistent quality.

As part of the 15th edition of its Brides of India campaign, Malabar Gold & Diamonds extended limited-period offers at the Goa showroom, including up to 30 percent off on making charges on gold, uncut and gemstone jewellery and up to 30 percent off on diamond value, valid until January 18, 2026. The showroom also offered Malabar’s standard customer assurances such as transparent pricing, lifetime maintenance, BIS-hallmarked gold, certified diamonds and detailed product disclosure, reinforcing the brand’s commitment to trust and quality as it entered the Goan market.

Business

RFC Delegation Visits EDC to Study Turnaround Strategy and Success Measures

allycaralgoa

The Goa Economic Development Corporation (EDC) welcomed a delegation from the Rajasthan Financial Corporation (RFC), which visited its office to study and exchange insights on the successful turnaround strategies implemented by EDC over the years.

The RFC delegation was led by Dr. Har Sahay Meena, IAS, Executive Director, accompanied by Ramesh Sankhala, RAcs, ED (Finance) and Richhpal Pawaria, Manager. Their visit aimed to understand the structural reforms, innovative practices, and operational efficiencies that have contributed to EDC’s strong performance and sustainable growth.

During the session, EDC Managing Director B.S. Pai Angle, along with General Manager Ashwin Kamat and Deputy General Manager John Souza, delivered an in-depth presentation. They highlighted the challenges EDC faced in previous years, the strategic interventions adopted, and the transformative steps that led to significant improvement in operations and outcomes.

The interaction served as a platform for mutual learning, enabling both institutions to explore collaborative approaches, share experiences, and enhance institutional practices to better support entrepreneurship and economic development.

The visit reinforced the importance of knowledge-sharing among state financial institutions across the country, with EDC standing as a model of innovation, resilience, and effective financial management.

Business

Dr. Sagar Salgaocar Takes Charge as Chairman of ASSOCHAM Goa, Driving Vision for Viksit Goa 2037

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

Goa’s business community has welcomed new leadership at the helm of the ASSOCHAM Goa State Council, as Dr. Sagar Salgaocar, Managing Director of Geno Pharmaceuticals Pvt. Ltd., takes charge as Chairman. Joining him as Co-Chairman is Shri Mangirish Salelkar, CEO of Umang Software Technologies Pvt. Ltd. Their appointment comes under the national leadership of Shri Nirmal Minda, Executive Chairman of UNO Minda Group and the newly elected President of ASSOCHAM India.

As the former Co-Chairman of the State Council, Dr. Sagar Salgaocar has played a key role in fostering strategic partnerships between industry, government, and civil society. His leadership has significantly contributed to Goa’s socio-economic progress by building platforms for dialogue and collaboration between diverse sectors.

Speaking about his new role, Dr. Salgaocar said, “In addition to our ongoing initiatives, we will focus on new growth areas such as education, tourism, sustainability, environment, start-ups, and MSME acceleration. The goal is to enhance the ease of doing business and promote ‘Make in India’ across Goa while collaborating with trade bodies to create employment and business opportunities.”

Co-Chairman Shri Mangirish Salelkar expressed a forward-looking vision focused on innovation and inclusivity. “Our goal is to make Goa a hub where technology, sustainability, and entrepreneurship work hand in hand. Fostering innovation and bridging the industry-government and industry-academia gaps are essential to contribute towards the vision of Viksit Goa 2037,” he shared.

The new leadership marks a significant step toward aligning Goa’s industrial growth with national development priorities, creating a stronger ecosystem for businesses, entrepreneurs, and innovators. With a focus on collaboration, sustainability, and the empowerment of MSMEs, ASSOCHAM Goa’s renewed leadership is set to play a pivotal role in shaping the State’s economic and innovation-driven future.

TechPulse

Last Chance to Register: Goa Startup Accelerator Program Applications Close September 10

Tanisha Cardozo

With just days remaining for the application deadline, Goan startups are urged to seize the opportunity to register for the Goa Startup Accelerator Program, an initiative led by the Startup and IT Promotion Cell, Department of Information Technology, Electronics and Communications (DITE&C). The program, which was launched in July 2025, will close its application window on September 10, 2025.

The accelerator program is being conducted under the leadership of Hon’ble Minister Shri Rohan Khaunte, and driven by the vision of empowering local innovation through structured support. The initiative aims to scale up 30 MVP-stage startups that are either registered or actively building in Goa. Selection will be done through a competitive process involving open applications and nominations by an expert committee comprising incubators, industry leaders, and ecosystem stakeholders.

Designed to nurture startups with real market potential, the Goa Startup Accelerator offers selected participants access to business and technical mentorship, investment opportunities, real-time requirement mapping, one-on-one clinics, workshops, and a concluding demo day where startups can pitch to investors and industry leaders.

Speaking about the program, Shri Kabir Shirgaonkar, Director of DITE&C, highlighted the relevance of such initiatives in today’s innovation landscape. He said, “Goan startups today are not just addressing real-world problems but also generating employment opportunities in the State. Through our Goa Startup Accelerator Program, we aim to support promising startups, facilitating access to investment and industry expertise. After a rigorous selection process, top 30 startups will be chosen to participate in the program. We invite high-potential startups to apply and join us in shaping the future of Goa’s startup landscape.”

As the program’s final application deadline approaches, MVP-stage startups from Goa are encouraged to apply immediately and join a program designed to fuel rapid and sustainable growth in the local startup ecosystem.

To apply, visit the official website and complete the application form before September 10, 2025.