FDI into India: Mauritius tops the list once again
Article Published on December 14, 2017
Mauritius reconfirms its position as top source of FDI to India, ahead of Singapore. Indeed, from April to September 2017, USD 11.5 billion transited through the Mauritius jurisdiction to India. According to the figures released by the Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce of Industry of India, Mauritius was positioned well ahead of Singapore (USD 5.3 billion) and the Netherlands (USD 1.9 billion). The DIPP also reckons that, based on the good performance of Mauritius, the FDI amount recorded for 2016/2017 may well be exceeded in 2018. It is to be noted that the telecommunications sector attracted the most significant amount of FDI during the first six month of the financial year 2017 (USD 6.1 billion). This is followed by the services sector, namely banking, insurance, outsourcing of series and other non-financial activities (USD 2.9 billion). And finally, the trade sector (USD 1.5 billion).