This article covers trade between India and Mauritius, the goods traded, foreign direct investment, the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) and Indian public sector companies in Mauritius. Its source is the Ministry of External Affairs (MEA) brief on India-Mauritius relations, dated April 2026.
Trade figures
According to the MEA brief of April 2026, India has been among the largest trading partners of Mauritius since 2005. For FY 2024-25:
- Indian exports to Mauritius were USD 676.34 mn;
- Mauritian exports to India were USD 210.91 mn;
- total trade was USD 887.25 mn.
The brief states that trade has grown by 329% in the last 17 years, from USD 206.76 million in 2005-06 to USD 887.25 million in 2024-25.
Main goods traded
Petroleum products were India's largest export item to Mauritius between 2007 and 2019. Other Indian exports include pharmaceuticals, motor cars, cereals, cotton, shrimps, prawns and bovine meat.
The main Mauritian exports to India, as listed in the brief without values, are vanilla, medical devices, needles, aluminium alloys, scrap paper, refined copper and men's cotton shirts.
Investment
Cumulative FDI worth USD 180 billion came from Mauritius to India in the two decades from April 2000 to March 2025. The brief states that this was 25% of total FDI inflows into India, and attributes it largely to the Double Taxation Avoidance Convention (DTAC).
According to the brief, FDI equity inflows from Mauritius to India amounted to USD 7.97 billion in FY 2023-24 and USD 8.34 billion in FY 2024-25. In the other direction, Indian companies have invested over USD 200 mn in Mauritius in the last five years.
The CECPA
Mauritius and India signed the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) on 22 February 2021, during the visit of EAM Dr. S. Jaishankar, after nearly 15 years of negotiations. It came into force on 1 April 2021. The brief states that it is the first trade agreement signed by India with an African country.
In August 2022, the two sides added a chapter on General Economic Cooperation and provisions related to an Auto-Trigger Safeguard Mechanism.
The brief gives the following figures for trade under the CECPA.
India's exports to Mauritius under the CECPA, comprising mainly textiles, quartz slabs and plastics:
- 2023: USD 3 million
- 2024: USD 4 million
- 2025: USD 5 million
Mauritian exports to India under the CECPA, comprising sugar and medical devices:
- 2023: USD 5 million
- 2024: USD 7 million
- 2025: USD 2.6 million
The brief gives these as exports under the CECPA.
Indian public sector companies in Mauritius
As of April 2026, 10 Indian Public Sector Undertakings (PSUs) are present in Mauritius:
- Bank of Baroda
- Life Insurance Corporation
- New India Assurance Corporation
- Telecommunications Consultant India Ltd
- Indian Oil (Mauritius) Limited
- Mahanagar Telephone (Mauritius) Ltd.
- State Bank of India (Mauritius)
- National Building and Construction Company Ltd (NBCC)
- Rail India Technical and Economic Service (RITES)
- Hospital Services Consultancy Corporation Ltd. (HSCC)
Contacts for business
Business enquiries about Mauritius can be directed to the Mauritius High Commission in New Delhi or the consulate in Mumbai, whose details are given in this guide's practical article. Readers should rely on these and other official sources for current rules on trade and investment.