Statement to the media by PM in Mauritius

Published By : Admin | March 12, 2015 | 00:11 IST


Prime Minister Sir Aneerood Jugnauth, members of the media

I sincerely thank you for your warm welcome and the extraordinary hospitality.

I am very grateful to you and the people of Mauritius for invitation as the Chief Guest of the National Day tomorrow.

It is an honour for the 1.25 billion people of India. They deeply value this relationship.

It flows from the depth of our hearts; and, from the deepest bonds of kinship.

We always stand in solidarity and support for each other. It comes naturally to us from our friendship, our shared values, and our common regional and global interests.

684-14 PM Modi media statement  after delegation level talks (2)

We are partners in our economic progress.

We have built a relationship of matchless strength and character.

It is no surprise that Prime Minister and I had an excellent meeting. The outcomes and decisions today are truly significant.

We discussed our shared interests in a safe and secure Indian Ocean and a stable and prosperous Indian Ocean Region. We value the leadership by Mauritius in this area.

Today, I was pleased to offer a concessional line of credit of 500 million U.S. dollars for civil infrastructure projects for Mauritius.

We also intend to quickly build the petroleum storage and bunkering facility in Mauritius. This will not only benefit Mauritius, but also reinforce its role as a regional hub.

A decade ago, India helped build the first cyber city in Mauritius. Its remarkable success reflects the strategic foresight of Mauritius in diversifying its economy. Today, we have offered support for construction of the second cyber city.

Our agreement today on the development of Agalega Island is a major stride in our cooperation in infrastructure sector. It demonstrates the depth of our mutual confidence.

Mauritius has shown great vision in the development of its Ocean Economy.

Our agreement on cooperation in the Ocean Economy is an important step in our scientific and economic partnership.

This will improve our understanding of marine ecology.

It will help us to develop new areas of ocean economy and, at the same time, follow more sustainable practices in using our blue assets.

Over the past few years, we have discussed revision of our Double Taxation Avoidance Convention. This is based on our shared objective of preventing abuse of the Convention, while enabling Mauritius to benefit fully from this arrangement. We have agreed to continue this discussion.

However, I have assured Prime Minister that we will do nothing to harm this critical sector of one of our strongest strategic partners in the world.

I also conveyed our deep appreciation for the support and cooperation offered by Mauritius on information exchange on taxation.

We should resume our discussions on Comprehensive Economic Partnership Agreement.

Prime Minister and I consider our security cooperation to be a cornerstone of our strategic partnership.

This is not only because of our responsibility to each other, but also because of our shared vision for our maritime neighbourhood.

I reiterated India's commitment to cooperate with Mauritius in its efforts to secure its vast Exclusive Economic Zone.

684-14 PM Modi media statement  after delegation level talks (1)

We are also honoured to be the preferred partner for Mauritius in developing its security capabilities. Tomorrow, we will commission Barracuda into the service of the Coast Guard of Mauritius.

I assured Prime Minister of timely support in all areas, including delivery of other ships and equipment that Mauritius has ordered from India.

We agreed that broaderregional cooperation will enhance peace and prosperity in our maritime region.

In this context, I thanked Prime Minister for the leadership shown by Mauritius in the Indian Ocean Rim Association and for hosting its Secretariat.

We are grateful for the support  Mauritius has always given us in international forums. It gives India strength to speak on issues of common interests.

The adoption of June 21 as International Day of Yoga by the United Nations General Assembly by record sponsorship in record time is a tribute to our shared heritage.

We had strong meeting of minds on climate change. We are both committed to strong national action. We will also strengthen our bilateral cooperation and global partnershipon addressing its challenges.

People-to-people contacts constitute the very foundation of our relationship.

We will continue to nurture it with highest level of priority. For Mauritius, we have decided to waive the fee or the Electronic Travel Authorisation.

We have also decided to launch a multi-disciplinary youth forum. This will connect our youth more; and, it will sow the seeds of strong partnerships in the future.

I am really grateful to Prime Minister Sir Jugnauth and his team for very productive and substantive meeting.

I am excited about the National Day celebrations, the privilege of speaking to the National Assembly and other very special events tomorrow.

To me, more than anything else, they reflect the richness of our relationship.

Once again, thank you, Mr. Prime Minister.

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India is the springboard for Japanese businesses to the Global South: PM Modi in Tokyo
August 29, 2025

Your Excellency Prime Minister Ishiba,
Business leaders from India and Japan,
Ladies and Gentlemen,
Namaskar

Konnichiwa!

I just arrived in Tokyo this morning. I am very happy that my trip is starting with the giants of the business world.

I personally know many of you. Whether it was during my time in Gujarat, or after moving to Delhi. I’ve had close connections with many of you. I’m really glad to have this opportunity to meet you all today.

I especially thank Prime Minister Ishiba for joining this forum. I congratulate him for his valuable remarks.

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Friends,

Japan has always been a key partner in India’s growth journey. Whether it’s metros, manufacturing, semiconductors, or start-ups, our partnership in every area reflects mutual trust.

Japanese companies have invested more than $40 billion in India. In the last two years alone, there has been private investment of $13 billion. JBIC says India is the most 'promising' destination. JETRO says 80 percent of companies want to expand in India, and 75 percent are already profitable.

Which means, in India, capital does not just grow, it multiplies!

Friends,

You are all familiar with the remarkable changes India has experienced in the last eleven years. Today, we have political and economic stability, and clear and predictable policies. India is now the fastest-growing major economy in the world, and very soon, it will become the world’s third-largest economy.

India is contributing to 18% of global growth. The country’s capital markets are giving good returns, and we have a strong banking sector. Inflation and interest rates are low, and foreign exchange reserves stand at around $700 billion.

Friends,

Behind this change is our approach of ‘Reform, Perform, and Transform.’ In 2017, we introduced "One Nation–One Tax”, and now we are working on bringing in new and bigger reforms in it. A few weeks ago, our Parliament has also approved the new and simplified Income Tax code.

Our reforms are not limited to the tax system alone. We have emphasized on ease of doing business. We have established a single digital window approval for businesses. We have rationalized 45,000 compliances. A high-level committee on de-regulation has been formed to speed up this process.

Sensitive sectors like Defence and Space have been opened up to the private sector. Now, we are also opening up the nuclear energy sector.

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Friends,

These reforms reflect our determination to build a developed India. We have the commitment, the conviction, and the strategy, and the world has not just recognized it but also appreciated it. S&P Global has upgraded India's credit rating after two decades.

The world is not just watching India, it is counting on India.

Friends,

The India-Japan Business Forum report has just been presented, detailing the business deals between our companies. I congratulate all of you for on this remarkable progress. I would also like to humbly offer a few suggestions for our partnership.

The first is manufacturing. Our partnership in the auto sector has been extremely successful. And the Prime Minister described it in great detail. Together, we can replicate the same magic in batteries, robotics, semi-conductors, ship-building and nuclear energy. Together, we can make a significant contribution to the development of the Global South, especially Africa.

I urge all of you: Come, Make in India, Make for the World. The success stories of Suzuki and Daikin can become your success stories too.

Second, is technology and innovation. Japan is a "Tech Powerhouse". And, India is a "Talent Powerhouse". India has taken bold and ambitious initiatives in AI, Semiconductors, Quantum computing, Biotech, and Space. Japan's technology and India's talent together can lead the tech revolution of this century.

The third area is the Green Energy Transition. India is quickly moving towards 500 GW of renewable energy by 2030. We also aim for 100 GW of nuclear power by 2047. From solar cells to green hydrogen, there are huge opportunities for partnership.

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An agreement has been reached between India and Japan on Joint Credit Mechanism. This can be used to cooperate in building a clean and green future.

Fourth, is Next-Gen Infrastructure. In the last decade, India has made unprecedented progress in next generation mobility, and logistics infrastructure. The capacity of our ports has doubled. There are more than 160 airports. Metro lines of a 1000 km have been built. Work is also underway on the Mumbai-Ahmedabad high-speed rail in cooperation with Japan.

But our journey does not stop here. Japan's excellence and India's scale can create a perfect partnership.

Fifth is Skill Development and People-to-People Ties. The talent of India's skilled youth has the potential to meet global needs. Japan can also benefit from this. You could train Indian talent in Japanese language and soft skills, and together create a "Japan-ready" workforce. A shared workforce will lead to shared prosperity.

Friends,

In the end I would like to say this - India and Japan’s partnership is strategic and smart. Powered by economic logic, we have turned shared interests into shared prosperity.

India is the springboard for Japanese businesses to the Global South. Together, we will shape the Asian Century for stability, growth, and prosperity.

With these words, I express my gratitude to Prime Minister Ishiba and all of you.

Arigatou Gozaimasu!
Thank you very much.