Mauritius Tries To Set Stage For Bollywood’s Investment

Written by Makula Dunbar

Oct 01, 2014

Pitching itself as the gateway for Africa, the scenic Mauritius is looking to attract more Indian investments across diverse sectors, including education and deep sea mining segments.

The island nation provides “liberalised investment procedures and ease of doing business” while film shooting is another area that offers benefits for Indian entities, according to Mauritius government officials.

Mauritius, which is home to a vast population of India- origin population, has wide-ranging bilateral ties with India, both at government and business levels.

“We want a larger number of companies from India to set up operations in the island nation… We want companies from India to play a greater role in the the development of Mauritian economy,” Ministry of Foreign Affairs (Mauritius) Counsellor Vish Mungur told PTI.

Describing Mauritius as a land of opportunities for Indian companies, Mungur noted it also provides avenues to expand businesses into other African nations. Positioning itself as a ‘tax-free gateway to Africa’, Mauritius also provides tax incentives.

Mungur noted that Indian firms can make investments in various sectors including manufacturing, space, education, pharmaceuticals, software, real estate, deep sea mining and ocean economy.