The India-Mauritius Business Summit was held at Taj Vivanta, recently. The summit was organized by Adv. P. Krishnadas, Hon. Trade Commissioner of India-Mauritius and Chairman of the Nehru Group of Institutions.
Earlier, a press meeting was held, where the meeting was addressed by the summit’s Chief Guest, Hon. Mookheeswur Choonee, Former Minister and High Commissioner of Mauritius to India; the Guest of Honour, Asif Iqbal, President of the Indian Economic Trade Organisation; and Krishnadas, Hon. Trade Commissioner of India-Mauritius.
Krishnakumar, CEO & Secretary of the Nehru Group of Institutions, was also present at the press meeting. At the summit, the Chief Guest released a book titled ‘Economic Development Board (Mauritius) Investment Guide’, and the first copy was received by Krishnadas.
At the summit, Dr. G Bakthavathsalam, Chairman, KG Hospital; Dr. Ashok Bakthavathsalam, Managing Trustee, KGISL Trust and Rajesh B Lund, President of The Indian Chamber of Commerce and Industry, Coimbatore were also present.
Mookheeswur Choonee, while addressing the press, highlighted Mauritius’ strategic position in the Indian Ocean region and its strong relationship with India. He emphasized that Mauritius plays a special role in the Indian Ocean.
Investors can start a company in 24 hrs in Mauritius
-Hon. Mookheeswur Choonee, Former Minister and High Commissioner of Mauritius to India
He pointed out that there is no inheritance tax, no corporate tax, and no withholding tax in Mauritius, with income tax ranging only from 0% to 25%. Furthermore, he noted that investors can start a company in just 24 hours and that there are numerous opportunities across various sectors, including sugar, textiles, financial services, health, manufacturing, infrastructure, and industry.
Moreover, he stated that Mauritius provides a market for investors and expressed the need for Indian expertise to train the emerging workforce with the necessary skills. By highlighting these factors, he urged Indian investors to invest in Mauritius.
