Mauritian Prime Minister Advocates for Indian Investment to Boost Economic Growth

Mauritian PM Navinchandra Ramgoolam emphasizes the importance of Indian investment for economic growth at a community event with PM Narendra Modi. He highlights contributions from the Indian diaspora and outlines reforms to create a business-friendly environment. Modi receives Mauritius’ highest civilian honor, reinforcing the strong relationship between the two countries.

On March 11, 2025, Mauritian Prime Minister Navinchandra Ramgoolam urged Indian investors to engage with opportunities in Mauritius, emphasizing that such participation is essential for economic expansion. Speaking at a community event with Prime Minister Narendra Modi, he acknowledged the substantial contributions of the Indian diaspora across various sectors, including construction, tourism, healthcare, hospitality, and financial services.

With approximately 35 million Indians excelling in technology, medicine, and finance globally, India is recognized as a crucial partner for Mauritius. Ramgoolam stated, “Your participation is vital for the economic growth of Mauritius. When you come here, you enrich our country as well.” He encouraged Indian investors and emphasized the importance of reducing bureaucratic obstacles and fostering an inviting investment climate in Mauritius.

Ramgoolam outlined plans for economic reforms designed to simplify business operations, asserting their commitment to reducing bureaucracy. He mentioned the establishment of an arbitration center to expedite commercial dispute resolutions, saying, “We’re going to lessen the commercial cost so that disputes can be resolved quickly.” He reaffirmed that investors desire clarity, predictability, and adherence to the rule of law.

The Prime Minister expressed a desire for Mauritius to seek international expertise, particularly from India, to enhance its legal and business frameworks. He announced aspirations for foreign judges, including those from India, to elevate standards within the jurisdiction.

During this significant engagement, Ramgoolam awarded Prime Minister Narendra Modi with Mauritius’ highest civilian honor, the Grand Commander of the Order of the Star and Key of the Indian Ocean. This recognition highlighted Modi as the first Indian recipient and underscored the strength of India-Mauritius relations, with Modi thanking the people of Mauritius for their honor and reflecting upon their shared historical connection during his visit, which was attended by over 3,500 individuals.

In summary, Prime Minister Navinchandra Ramgoolam’s call for Indian investment signifies a pivotal step for Mauritius’ economic future, stressing the role of the Indian diaspora and promising significant economic reforms. The awarding of the Grand Commander honor to Prime Minister Narendra Modi further solidifies the strong bilateral ties, marking strategic cooperation between the two nations. The commitment to reducing bureaucratic hurdles and enhancing legal structures signals a positive outlook for potential investors from India.

Original Source: indianexpress.com