India and Seychelles are witnessing steady expansion in bilateral economic relations, driven by rising trade volumes, improved air connectivity, and growing collaboration in renewable energy, blue economy, and sustainable development ahead of Prime Minister Narendra Modi’s upcoming state visit.

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• India and Seychelles continue to strengthen economic engagement as trade flows, investment participation, and strategic cooperation expand steadily across maritime and island development sectors.
• Bilateral trade reached USD 84.88 million in 2023–24, reflecting nearly 15 percent growth compared to the previous financial year, supported by diversified export-import activity.
• India exports essential commodities including rice, pharmaceuticals, textiles, cement, vehicles, and medical equipment, making it a key trading partner for Seychelles economy.
• Indian companies such as Bank of Baroda and Bharti Airtel maintain long-standing operations in Seychelles, supporting financial services, telecommunications, and digital connectivity infrastructure.
• Tata Motors and Ashok Leyland have strengthened transport cooperation by supplying buses and expanding India’s footprint in Seychelles public transport and mobility sector.
• Air connectivity has improved significantly with direct flights by Air Seychelles and IndiGo, enhancing tourism, business travel, and people-to-people exchanges between both nations.
• Cooperation under Tax Information Exchange Agreement and Blue Economy Protocol has deepened transparency, maritime sustainability, and ocean-based economic development initiatives between the two countries.
• Renewable energy collaboration is expanding under International Solar Alliance with solar projects, cold storage systems, and clean energy infrastructure supporting sustainable growth in Seychelles.