Choosing the best offshore centre for India-bound investment requires careful consideration of the risks and financial rewards. Nandan Nelivigi and Brendan McNallen compare the attractions of Mauritius, Cyprus and Singapore
Foreign direct investment into India from the tiny island-nation of Mauritius exceeds the inflows from any other country in the world.
Inflows from Mauritius were more than double those from the second biggest investor, the United States, throughout the decade leading up to 2002 and more than quadruple the total over the last 10 months, according to statistics published by the Indian government.
This is not because Mauritius in itself is an overpowering economy but rather because the island is an ideal route for investments into India. In addition to Mauritius, the Republic of Cyprus (Greek Cyprus) and Singapore have also emerged as popular routes for India-bound direct investment.
You must be a
to read this content, please
Nandan Nelivigi, who specializes in cross-border matters involving India, is a partner in the New York office of White & Case. Brendan McNallen is an associate.