Press release

Indian companies to explore investment opportunities in Seychelles

November 24, 2023

As part of his ongoing visit to India, the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, along with his delegation, met with the President and Managing Director of the Federation of Indian Chambers of Commerce and Industry (FICCI), Mr. Subhrakant Panda.

The meeting with Mr. Panda, followed a successful interaction with a group of company Directors who showed immense interest in exploring investment opportunities in Seychelles across various sectors such as Tourism, Health, Agriculture, Information Technology, Trade, and Infrastructure.

Furthermore, they deliberated on the potential of establishing a Memorandum of Understanding between the FICCI and the Seychelles Chamber of Commerce and Investment (SCCI). However, both parties concurred that further consultations would be necessary.

Minister Radegonde also paid a visit to the Seychelles High Commission in New Delhi, where he had the opportunity to engage with the support staff of the Mission.