On Monday, 18th November 2024, the Indian Business Council (IBC) and the Southern India Chamber of Commerce and Industry (SICCI) took a significant step toward fostering stronger economic ties between Mauritius and India by signing a Memorandum of Understanding (MoU). The event was held at the Flamboyant Auditorium, Economic Development Board (EDB), Ebène, and brought together leaders, stakeholders and business professionals from both nations.
The event began with a series of addresses by prominent figures, including:
- Mr. Arvind Radhakrishna, Strategic Advisor, EDB
- Mr. Krishna Pather, President, The Tamil Chambers of Commerce and Professionals, Mauritius
- Dr. Suresh Nanda, President, Indian Business Council
- Mr. Vinod Solomon Ponnurathinam, Secretary General, SICCI
- Mr. AmpaPalaniappan, Vice President, SICCI
Following the official signing of the MoU, attendees were introduced to the SICCI delegation, highlighting the expertise and opportunities for collaboration.
Key Highlights of the Event:
- Presentation on Business Opportunities:The session emphasised the vast potential for trade and investment in Mauritius, focusing on key sectors and incentives available to Indian businesses.
- B2B Networking: Entrepreneurs and stakeholders engaged in productive networking sessions to explore partnerships, discuss strategies and identify mutual opportunities for growth.
The Way Forward
The MoU between IBC and SICCI marks a new chapter in Mauritius-India economic relations. This partnership aims to facilitate trade, enhance investment prospects and create a dynamic platform for mutual growth.
IBC remains committed to fostering collaborations that drive economic development and create value for its members.
