Business and Economy of Calangute

Calangute is a major contributor towards the development of the Goan economy. The main reason behind this is the fact that Calangute is a popular tourist destination. The Goan economy itself is highly dependent on the tourism sector. Infact, this sector contributes nearly 12% towards the economy's growth. The pristine beaches of Calangute, the historical churches, varied cuisine, temples, and several cultural fests are all major factors that attracts tourists time and again to this place.It is not just Indian tourists but hoards of foreign nationals constantly visit Goa.

Fishing Industry in Calangute

Since Calangute is the longest beach in North Goa, the fishing sector is another important contributor of the economic growth.The fishermen here are involved in activities like prawn hatcheries and brackish water fish farms.There has been a steady increase in the fish production of the state. Thanks to the various education programs of the government for the fishermen living in these small fishing hamlets. This in turn has led to the upliftment and welfare of the fisher-folk.

Mining in Calangute

Another sector that is mentionable is the mining sector. The Goan land is blessed with rich minerals such as iron-ore, manganese, limestone and bauxite. Small mines located in and around Calangute too contribute towards the economic growth.

Agriculture in Calangute

Apart from the above mentioned sectors, agriculture plays a pivotal role in the Calangute region. Crops like rice, maize, bajra, ragi, pulses are cultivated here. The cashew-crop is something unique to this region.

The Goan economy has witnessed tremendous growth over the last few years. This has happened due to the contribution of a great many sectors.