Mauritian Prime Minister Navinchandra Ramgoolam has called for Indian investment, essential for the island’s economic growth. He highlighted the contributions of the Indian diaspora and outlined reforms aimed at enhancing business ease in Mauritius. The message coincided with the awarding of Mauritius’ highest honor to Indian Prime Minister Narendra Modi, celebrating their historical ties and cooperation.
On March 11, 2025, Mauritian Prime Minister Navinchandra Ramgoolam urged Indian investors to explore opportunities in Mauritius, asserting that their involvement is essential for the nation’s economic growth. Speaking at an event attended by Indian Prime Minister Narendra Modi, Ramgoolam highlighted the contributions of the Indian diaspora in various sectors, including construction, tourism, healthcare, hospitality, and financial services.
Ramgoolam acknowledged India’s significant global diaspora, which numbers around 35 million, and their excellence in diverse fields. He remarked, “Your participation is vital for the economic growth of Mauritius. When you come here, you enrich our country as well,” encouraging more Indian investment in Mauritius.
To attract investors, Ramgoolam presented a series of economic reforms aimed at enhancing business convenience in Mauritius. He committed to reducing bureaucratic hurdles and eliminating red tape, stating, “We are looking forward to making businesses easier to do, less bureaucracy, less red tape.” A significant reform includes the establishment of an arbitration centre to facilitate swift resolution of commercial disputes.
Moreover, he emphasized the importance of providing investors with clarity, predictability, and adherence to the rule of law. Mauritius seeks international expertise to strengthen its judicial and business frameworks, and Ramgoolam expressed hope for collaboration with Indian legal professionals: “We’re going to lessen the commercial cost so that disputes can be resolved quickly.”
This investment initiative was complemented by an important ceremony where Prime Minister Modi was awarded Mauritius’ highest civilian honour, the Grand Commander of the Order of the Star and Key of the Indian Ocean, marking a significant moment in India-Mauritius relations. Modi became the first Indian and the fifth global recipient of this prestigious accolade, which acknowledges his efforts in enhancing bilateral relations.
During the event, Modi expressed gratitude and emphasized the historic and cultural ties between India and Mauritius. He reaffirmed India’s dedication to furthering cooperation, stating, “The people and the government of Mauritius have decided to confer upon me their highest civilian honour. I humbly accept this decision with great respect. This is not just an honour for me, it is an honour for the historic bond between India and Mauritius.”
In summary, Prime Minister Navinchandra Ramgoolam of Mauritius has made a compelling appeal for Indian investment, highlighting its critical role in the nation’s economic growth. By implementing economic reforms aimed at reducing bureaucratic barriers and establishing mechanisms for efficient dispute resolution, Mauritius is positioning itself as a favorable business destination. The conferment of the Grand Commander honor upon PM Narendra Modi signifies the deep cultural ties and ongoing commitment of both nations to strengthen their partnership.
Original Source: indianexpress.com