13 Feb 2025 • Development
Visit of business delegation of CII Members to Mauritius
A 12-member business delegation of the Confederation of Indian Industry is on a 2-day visit to Mauritius to explore investment and business opportunities. The business delegation comprises Indian companies that operate in sectors like such as Infrastructure, Engineering, and Construction, Information Technology, Financial Services, Circular Economy, Pharma Manufacturing, Retail and Telecommunications.
In this context, the Economic Development Board Mauritius hosted the business delegation on Thursday 13th February 2025 which started with a courtesy visit to the Chairperson of EDB, Mr Sanjay Bhunjun and the Deputy CEO, Mr Sachin Mohabeer followed by a business forum. The Chairperson highlighted the role and functions of the EDB as the National Investment and Trade Promotion Agency of the Government of Mauritius and reiterated that the focus is on increasing investment and expanding exports for the country.
During the business forum, the delegates had the opportunity to learn about the investment and business opportunities. They were also informed about how Mauritius plays a vital role for market development for its economic operators through preferential access to both developed and emerging markets. The CII Business delegation had the opportunity to interact with local and foreign companies operating in Mauritius to discuss partnership possibilities. The Deputy High Commissioner of India to Mauritius, H.E. Mr Vimarsh Aryan graced the business forum by his august presence.
It is worth noting that many Indian companies, both private and PSUs, are present and well established in Mauritius since many decades. In addition, a number of Indian companies have made Mauritius their platform of choice for cross-border investment in the region. In the same vein, global investors have invested in India through the Mauritius International Financial Centre. Mauritius offers an excellent platform for preferential market access as ‘Made in Mauritius’ products have duty free access to many markets including the regional one.
The multifaceted relationship that transcends geographical boundaries, encompassing economic, bilateral, and cultural ties. Economically, the two nations have forged robust partnerships, with India being a significant investor in Mauritius and vice versa. The bilateral economic cooperation is exemplified by collaborative ventures in sectors such as finance, information technology, and renewable energy.
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