During the period of April 2000-January 2011, Mauritius continued to be the single largest source of Foreign Direct Investment (FDI) into India, with cumulative FDI equity inflows amounting to $53.369 billion. That in turn accounts for 41.9 percent of the total FDI into India over this period. To further strengthen bilateral relations between Mauritius and India, Prime Minister Navinchandra Ramgoolam is on a state visit to India from February 6-11.
The two sides are expected to hold talks on a wide gamut of bilateral issues, including intensification of trade and investment and deepening of security relations between the two countries.
Amongst other things, the two sides have signed the following documents: (i) Memorandum of Understanding on Cooperation in Science and Technology; (ii) Memorandum of Understanding on Cooperation in Youth and Sports; (iii) MOU for Cooperation between Ministry of Textiles, Government of India and Ministry of Industry, Commerce & Consumer Protection, Government of Mauritius; (iv) Education Exchange Programme 2012-2016 and (v) Memorandum of Understanding between the Rajiv Gandhi Science Centre Trust Fund and the National Council of Science Museums of India.
A joint statement has been released by India’s Ministry of External Affairs on February 7, and you can find a detailed report of the agreements here.