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Reform initiatives to be showcased in Indo-Mauritius biz meet

New Delhi, Oct 25,2012:  Government will project latest wave of reform initiatives to woo investment from Mauritius at a meeting tomorrow with industry leaders and Indian-origin businessmen in Port Louis. The India-Mauritius Business Round Table is being organised jointly by the Government of India and the Government of Mauritius in association with the Overseas Indian Facilitation Centre (OIFC). Mauritius is the top source of FDI in India, accounting for nearly 45 per cent of the total foreign investment. Around 200 business leaders from Mauritius are expected to participate in the Round Table besides representatives of CII and FICCI. The business round-table aims to bring together and facilitate the business leaders and the vibrant Indian diaspora, forge trade ties and explore investment linkages with each other, Chief Executive Officer of OIFC, Sujata Sudarshan said. The Round Table is being held a day ahead of the commencement of the two-day mini Pravasi Bhartiya Divas (PBD) in Port Louis. The mini PBD is being organised by the Ministry of Overseas Indian Affairs to showcase India's colourful culture and traditions and to strengthen engagement with the overseas Indian community in the country. Regional PBD conventions provides a unique platform for overseas Indians to interact with the Government of India. The Government of India will showcase investment opportunities in India and its potential in various sectors, Sudarshan said. OIFC, a not-for-profit, public-private-partnership between the Overseas Indian Affairs Ministry and the CII, was established in 2007 with the objective of helping the Indian diaspora connect better with India and to assist them in deepening their economic and intellectual engagement with India.