“Mauritius, a Trusted Partner of India with Vast Business Opportunities”
Mumbai, Sept 10: Mauritius is one of India’s most trusted partners and offers vast business opportunities, said Mauritius Prime Minister Dr. Navinchandra Ramgoolam. He expressed confidence that the historical, cultural, and economic relations between India and Mauritius will further strengthen and that the India-Mauritius partnership will endure forever.
During his two-day visit to Mumbai, a Business Conclave was organized at Hotel Trident in his honor. Union Minister for Power and Urban Affairs Manohar Lal Khattar, along with heads of various industry groups, was present. The event was jointly organized by the Ministry of External Affairs, the Federation of Indian Chambers of Commerce and Industry (FICCI), the Confederation of Indian Industry (CII), and the Mauritius Economic Development Board.
Dr. Ramgoolam expressed satisfaction over the progress achieved under the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) signed between India and Mauritius, aimed at strengthening economic cooperation, boosting trade in goods and services, and encouraging mutual investments. He noted that bilateral trade between the two countries had reached USD 800 million (₹6,000 crore) in 2024. Mauritius aims to double its exports from USD 50 million to USD 100 million, he said, adding that imbalances in trade can be addressed through cooperation in financial services, tourism, and India-Africa-Mauritius trilateral collaborations.
Highlighting Mauritius’ commitment to establishing Special Economic Zones, Dr. Ramgoolam said these will create new opportunities for Indian companies in sectors such as IT, Artificial Intelligence, high technology, healthcare, education, and entertainment. Referring to global economic uncertainties and crises, he said that the India-Mauritius partnership is essential to tackle future challenges. He sought India’s cooperation in the fields of fisheries, marine energy, and port development.
He underlined that India-Mauritius ties are deeply rooted in history, culture, language, traditions, and shared values of people-to-people connect and mutual respect. Referring to Prime Minister Narendra Modi’s visit to Mauritius in March 2025 and the joint “India-Mauritius Vision Document,” he said the vision emphasizes shared prosperity, sustainability, and resilience, and urged private sector participation alongside government efforts. He praised the contributions of CII and FICCI, noting their significant role in India’s industrial transformation and economic policy evolution.
New Dimensions to India-Mauritius Partnership – Union Minister Manohar Lal Khattar
Speaking on the occasion, Union Minister for Power Manohar Lal Khattar said India-Mauritius relations are not only economic but also uniquely strong at cultural and social levels. He noted that the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) has opened new avenues in trade, services, investment, and innovation, making India one of Mauritius’ leading trade partners. Mauritius has also been an important source of Foreign Direct Investment (FDI) into India, he added.
Highlighting India’s global economic position, the Minister said India is the world’s fourth-largest economy and has maintained an annual growth rate of about 7% over the past decade. With over 115 unicorns, India is the third-largest startup ecosystem in the world and is poised to become a USD 5 trillion economy soon. He pointed out that India’s digital public infrastructure like Aadhaar, UPI, and DigiLocker has become global benchmarks.
Minister Khattar emphasized India’s remarkable progress in the energy sector. India has achieved 100% rural electrification, with per capita power consumption rising to 1,395 units. By July 2025, India’s renewable energy capacity had reached 230 GW, including 115 GW of solar power. India aims to achieve 500 GW of non-fossil fuel capacity by 2030 and net zero emissions by 2070. Under the Green Hydrogen Mission, India targets producing 5 million tonnes annually by 2030, attracting investment worth USD 250 billion in this sector.
Highlighting transport infrastructure, the Minister said India’s metro rail expansion has been remarkable, with 1,069 km of network operational in 24 cities since the launch of Delhi Metro in 2002, and 949 km under construction. The Union Government has also approved 10,000 e-buses. He added that India and Mauritius are already partners in renewable energy, with Mauritius being an active member of the International Solar Alliance and the Global Biofuel Alliance. Robust networks of roads, railways, and aviation have made India a preferred destination for investors, he added.
He called for future cooperation between India and Mauritius in trade and investment, green energy, digital collaboration, MSMEs, and startups. “India and Mauritius have walked together for two centuries, and it is our collective responsibility to further strengthen this bond in the years ahead,” Minister Khattar said.
Industry leaders from both nations also shared their perspectives on the occasion.
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