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

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.
(Reopens MDS20)

She said: "In the villages in Uttar Pradesh, where my forebears lived, I learned of my ancestors and the life of my grandfather, the dreams of my father, the bonds of family and culture that connect us all as Indians and Mauritians."

Referring to the climate talks in Marrakech (Conference of Parties-CoP22), she hoped it would lay the groundwork for collective actions that could keep warming below the accepted 2C mark.
Stating that SIDS are mostly developing nations, she said they are technologically and economically challenged. Hence to be sustainable, climate change diplomacy must address the technological, financial and policy needs of SIDS in pragmatic ways, she said.