Ms. Sangeeta Jain, Senior Director, AIAI, felicitating Mr. Seewraj Nundlall, Director, EDB Mauritius
Ms. Sangeeta Jain, Senior Director, AIAI, felicitating Mr. Seewraj Nundlall, Director, EDB Mauritius
World Trade Center Mumbai and All India Association of Industries (AIAI) today organised an interactive meeting with a High-Level Business Delegation from the Economic Development Board (EDB) of Mauritius.
The meeting came at a crucial time, as Mauritius is among the highest contributors to FDI inflows to India, with 17 % of India's FDI equity inflows coming from Mauritius ($ 8.34 billion) in FY 2024-25.
Addressing a group of Indian Business Communities, Mr Seewraj Nundlall, Director- EDB, emphasized that Mauritius as a safe, secure, and treaty-compliant jurisdiction, offering unique advantages for investors and exporters looking to tap into emerging global markets, especially Africa. He highlighted Mauritius’ strong bilateral ties and agreements not only with India but also with African nations, the European Union, the UK, China, the UAE, and the United States, making it a global platform for both services and trade in goods.
“If you're looking for a gateway to Africa, Mauritius is your best place. It's a jurisdiction that adheres to international best practices and opens doors to preferential market access,” Mr. Nundlall noted.
He also focused on four pillars driving growth: Artificial Intelligence, Information Technology, Renewable Energy, and Advanced technology, reflecting a commitment to building a future-ready, innovation-led economy.
“Mauritius may be small in size (population of approximately one million), but it offers access to nearly 75% of the world market thanks to its strategic location,” added Mr Veepre Kureeman, Manager, Global Outreach – Asia Desk, EDB Mauritius.
The delegation also focused on the unique advantages of the Mauritius Freeport, which facilitates trade and re-export with value addition. Products manufactured or processed in Mauritius are eligible for preferential access to large consumer markets, especially across Africa and the United States, where Mauritian exports enjoy significantly lower tariffs compared to India.
Mr. Iqbal Oozeer, Managing Director of Currimjee Jeewanjee and Co. Ltd, echoed the sentiment, “Mauritius offers beyond its borders to Africa. This is the next step Indian businessmen need to look at.”
In her welcome address, Ms. Priya Pansare, Director, Trade and Investment Promotion, WTC Mumbai, highlighted the long-standing economic partnership between India and Mauritius, built on strong trade, investment, and strategic cooperation supporting India’s engagement with Africa.
Ms. Sangeeta Jain, Senior Director, AIAI, remarked that they operate the Indo-Mauritius Chamber of Commerce under AIAI. “WTC Mumbai and AIAI will soon lead a delegation to Mauritius to strengthen our ties,” she added.