Mauritian firms invest $300-mn in India from Jan 2003-July16

Mumbai,  Mauritian companies have invested around USD 300 million in the country during January 2003 and July 2016, a Mauritian Minister said today.
Mauritius is the largest single investor in India.

"Indigenous Mauritian companies have invested close to USD 300 million during January 2003 and July 2016 - a truly amazing figure," CII quoted Pravind Kumar Jugnauth, Minister of Finance and Economic Development, Mauritius, as saying.

He said smart cities and port development are the current focus areas in Mauritius.

The minister also invited Indian companies to take advantage of new industrial parks in his country.

India has also made significant investments in Mauritius with eight Indian public sector enterprises currently functioning in the country, CII said.