Mauritian Prime Minister Navinchandra Ramgoolam urged Indian investors to consider opportunities in Mauritius, highlighting their importance for economic growth. During an event with Prime Minister Modi, he emphasized reforms to reduce bureaucracy and improve the business environment. Modi was honored with a prestigious award, reflecting the strong ties between India and Mauritius.
On March 11, 2025, Prime Minister of Mauritius, Navinchandra Ramgoolam, called for Indian investors to explore opportunities in Mauritius, emphasizing their critical role in the nation’s economic growth. During a community event attended by Indian Prime Minister Narendra Modi, Ramgoolam acknowledged the contributions of the Indian diaspora in key sectors such as construction, tourism, and healthcare.
Ramgoolam identified India’s global diaspora of approximately 35 million individuals, who excel in various fields including technology and finance, as a vital partner for Mauritius. He stated, “Your participation is vital for the economic growth of Mauritius. When you come here, you enrich our country.” He encouraged increased investment from Indians, especially foreign investors.
To create a more business-friendly environment, Ramgoolam outlined a series of economic reforms aimed at reducing bureaucracy and red tape. He noted, “We are looking forward to making businesses easier to do,” and announced plans for the establishment of an arbitration center to expedite commercial dispute resolutions.
He further stressed the importance of “clarity, predictability, and… the rule of law,” in facilitating investments. Mauritius is actively seeking international expertise to improve its judicial and business frameworks, with Ramgoolam highlighting the potential involvement of Indian judges to raise standards in these areas.
The investment initiative coincided with the conferral of the Grand Commander of the Order of the Star and Key of the Indian Ocean upon Prime Minister Modi, marking him as the first Indian recipient of this honor. Modi expressed gratitude for the accolade during a community gathering with over 3,500 attendees, reaffirming India’s commitment to enhancing bilateral cooperation and recognizing the strong historical ties between India and Mauritius.
In conclusion, Prime Minister Ramgoolam’s call for Indian investment underscores the importance of the Indian diaspora in driving Mauritius’ economic growth. With committed reforms to enhance the business climate and facilitate international collaboration, Mauritius positions itself as an attractive investment destination. The mutual recognition between the two nations further solidifies their strategic partnership in the Indian Ocean region, promising future growth and cooperation.
Original Source: indianexpress.com
