Mauritian Prime Minister Navinchandra Ramgoolam urged Indian investors to engage with Mauritius for economic growth. He highlighted the Indian diaspora’s contributions and outlined reforms to create a business-friendly environment. Modi was awarded Mauritius’ highest honor during his visit, emphasizing the strong ties between the two nations.
On March 11, 2025, Mauritian Prime Minister Navinchandra Ramgoolam appealed to Indian investors to explore opportunities in Mauritius, deeming their involvement crucial for the nation’s economic advancement. At an event attended by Indian Prime Minister Narendra Modi, Ramgoolam praised the contributions of the Indian diaspora across various sectors, including construction, tourism, healthcare, hospitality, and financial services.
He emphasized India’s pivotal role as a partner for Mauritius, noting the significant global presence of the Indian diaspora, which comprises approximately 35 million individuals excelling in diverse fields such as technology, medicine, and finance. Ramgoolam stated, “Your participation is vital for the economic growth of Mauritius. When you come here, you enrich our country as well.” He expressed a strong desire to attract more Indian foreign investors to the island nation.
To facilitate this investment, Ramgoolam announced a series of economic reforms designed to create a more business-friendly atmosphere in Mauritius. He committed to reducing bureaucratic hurdles and streamlining processes, stating, “We are looking forward to making businesses easier to do, less bureaucracy, less red tape.” A key initiative includes the establishment of an arbitration center to ensure swift resolution of commercial disputes.
Highlighting the importance of clarity and predictability in the business environment, Ramgoolam noted that addressing commercial costs would enhance dispute resolution efficiency. Additionally, he expressed Mauritius’s interest in international expertise to enhance its legal and business frameworks, indicating a collaborative approach, particularly with India.
This investment initiative coincided with a significant honor conferred upon Prime Minister Narendra Modi during his two-day State visit to Mauritius. Ramgoolam awarded him the Grand Commander of the Order of the Star and Key of the Indian Ocean, marking Modi as the first Indian and only the fifth recipient of this prestigious accolade, recognizing his efforts in strengthening India-Mauritius relations.
In his acceptance speech, Prime Minister Modi acknowledged the historic and cultural ties between the nations and reaffirmed India’s dedication to enhancing bilateral cooperation. He described Mauritius as a critical strategic partner for India in the Indian Ocean region, drawing attention to previous collaborations in infrastructure, education, and capacity-building. Modi stated, “This is not just an honour for me, it is an honour for the historic bond between India and Mauritius.”
In conclusion, Prime Minister Navinchandra Ramgoolam’s call for Indian investment underscores the crucial role of the Indian diaspora in Mauritius’ economic growth. The reforms aimed at reducing bureaucratic obstacles and establishing an arbitration center signify a commitment to improving the business climate. Additionally, the recognition of Prime Minister Modi with a prestigious honor exemplifies the deep-rooted ties and cooperation between India and Mauritius, reinforcing mutual economic and strategic interests.
Original Source: indianexpress.com
