Mauritian Prime Minister Navinchandra Ramgoolam emphasized the importance of Indian investment in economic growth during a community event on March 11, 2025. He announced several reforms to attract foreign investors and recognized the contributions of the Indian diaspora. The event coincided with Modi receiving Mauritius’ highest civilian honor, strengthening India-Mauritius relations.
On March 11, 2025, Mauritian Prime Minister Navinchandra Ramgoolam urged Indian investors to explore opportunities within Mauritius, emphasizing their participation as “vital” for the nation’s economic growth. Speaking at a community event alongside Indian Prime Minister Narendra Modi, he highlighted the significant contributions made by the Indian diaspora across various sectors such as construction, tourism, healthcare, hospitality, and financial services.
Ramgoolam pointed out that India, with its global diaspora of approximately 35 million skilled individuals in technology, medicine, and finance, serves as a pivotal partner for Mauritius. He expressed his desire to encourage Indian investment, stating, “Your participation is vital for the economic growth of Mauritius. When you come here, you enrich our country as well.”
To attract more foreign investors, Ramgoolam introduced several economic reforms aimed at enhancing the business climate in Mauritius. He committed to reducing bureaucracy and eliminating red tape, saying, “We are looking forward to making businesses easier to do, less bureaucracy, less red tape.” A significant initiative includes establishing an arbitration center that will facilitate quicker resolutions of commercial disputes.
He stressed that investors prioritize “clarity, predictability, and… the rule of law,” and stated that Mauritius seeks international expertise, including from India, to elevate its judicial and business frameworks. Ramgoolam expressed an interest in collaboration, noting, “We’re looking forward to the judges from abroad… I’m sure from India also we can get because we want to raise the standards.”
The call for investment coincided with the conferment of Mauritius’ highest civilian honor, the Grand Commander of the Order of the Star and Key of the Indian Ocean, to Prime Minister Narendra Modi during his state visit. This accolade recognizes Modi as the first Indian recipient and the fifth overall worldwide, acknowledging his contributions to reinforcing India-Mauritius relations.
Modi expressed his gratitude for this honor, highlighting the historical and cultural ties between the two nations, and reiterated India’s commitment to strengthening bilateral cooperation. He remarked on Mauritius’ strategic importance for India in the Indian Ocean, while also recognizing shared efforts in infrastructure, education, and capacity development. “This is not just an honour for me, it is an honour for the historic bond between India and Mauritius,” Modi stated at the event attended by over 3,500 people.
In conclusion, Prime Minister Navinchandra Ramgoolam has actively encouraged Indian investment in Mauritius, highlighting its essential role in fostering economic growth. By implementing economic reforms and inviting collaboration, Mauritius aims to create a more business-friendly environment. The recent conferral of a prestigious honor upon Indian Prime Minister Narendra Modi underscores the strong ties between Mauritius and India, reflecting a commitment to enhancing bilateral cooperation in diverse sectors.
Original Source: indianexpress.com
