Maurice First Stint Indian Investment

11 years, 6 months ago - November 05, 2012
Maurice First Stint Indian Investment
Mauritius has long been among the top five destinations for Indian investments. Since April 2010, the country best by being the first recipient of financial flows of the Great Peninsula.

Mauritius is for the period April 2010 to February 2012, the main destination for Indian investment. This is what emerges from the figures compiled by the Reserve Bank of India. The country, with Singapore and Cyprus, one of the main relay Indian investment. Indeed, these financial platforms facilitate Indian investment towards third countries.

From 2007 to 2010, Singapore was the high ground receiving more investment from the Great Peninsula Maurice. However, the trend was reversed for the period from April 2010 to February 2012. In fact, over this period, some Rs 220 billion have passed through Mauritius from India while Singapore received Rs 175 billion. For the month of September 2012 still Indian investments abroad were higher in Port Louis to Singapore or Rs 7.45 billion against Rs 6.8 billion.

This increase in Indian investments to Mauritius, allowing the passage of outperforming Singapore is certainly due to the growing interest from Delhi to Africa. Indian operators have invested about Rs 150 billion in Africa in 2010-2011 against Rs 75 billion in 2008-2009. Note that this doubling of Indian investments in Africa corresponds to the period of increased financial flows to India to Mauritius. Certainly, the financial hub of Mauritius is a relay of choice for investors seeking to enter the Indian continent.

 

Text by lexpress.mu

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