Tuesday, December 5, 2023
HomeMarketMauritius: Strategic location, tax doles: Many reasons why India can seek a...

Mauritius: Strategic location, tax doles: Many reasons why India can seek a Mauritian launchpad to Africa hot news


Prime Minister Narendra Modi with Pravind Kumar Jugnauth, Prime Minister of Mauritius, at the Hyderabad House in New Delhi.

Synopsis

Low taxes, a streamlined regulatory environment, a skilled workforce, and a strategic location make Mauritius an attractive destination. The Indian Ocean island nation is home to international financial institutions and investment banks, which facilitate the infusion of capital for businesses, making it an attractive proposition as India’s hub in Africa.

A scenic, picture postcard island nation just about 65 km long and 45 km wide could emerge as the gateway for bustling Indian businesses looking to expand their ambitious footprint to the endless opportunities in the vast swathes of Africa. For the uninitiated, Mauritius is smaller than India’s tourist state of Goa in land size, but revels as a premium global tourist destination flocked by nearly a million visitors annually. The island nation’s

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments