“Maldives’ Digital Revolution: President Muizzu Heralds India as a Key Leader in the Country’s Technological Transformation”

At the India-Maldives Business Forum in Bengaluru, Minister of Transport and Civil Aviation, Aishath Nahula, emphasized the importance of collaboration between India and the Maldives to achieve a digital and sustainable future for both nations.

Nahula highlighted key areas of cooperation, including the integration of digital financial services and the recent launch of the RuPay card, which signifies a milestone in their journey towards a more interconnected economy. She also acknowledged the Maldives’ commitment to climate action and multilateralism, in line with India’s leadership in these areas.

The Minister further elaborated on the Maldivian government’s initiatives to expand the digital economy, such as the Maldives Creative Economic Strategy, which aims to revitalize technology-driven industries, arts, and media. This strategy, she believes, will drive innovation and create new opportunities for both countries.

“Bengaluru, the Garden City, is an apt setting for my visit to India. The Maldives and India share a vision for progress and innovation. As we embark on a digital revolution, India’s technological prowess and innovative spirit serve as an inspiration,” Nahula said. “Our joint efforts in enhancing digital infrastructure will bring about transformative change, and we are excited about the potential outcomes.”

Nahula also emphasized the significance of the RuPay card launch, stating that it embodies their shared vision for seamless trade and the empowerment of small and medium enterprises. Streamlined transactions and improved access to global finance and e-commerce platforms will be game-changers for their economies.

Additionally, she highlighted the potential benefits of information and communications technology collaborations with Bengaluru. Stronger ties with educational institutions and tech companies could enhance the Maldives’ technological capacity and bridge the digital divide, ensuring a more resilient and inclusive future.

Nahula also took the opportunity to showcase the investment opportunities in the Maldives, particularly for Indian investors. Given the proximity and strong cultural and economic ties between the two countries, along with a favorable business climate, the Maldives offers an ideal environment for Indian businesses to thrive.

She underscored the importance of sustainable tourism and the nation’s commitment to renewable energy solutions and climate resilience. Nahula invited Indian investors to explore partnerships in these sectors, emphasizing that their expertise could foster a sustainable future, boost the Maldivian economy, and contribute to global climate action efforts.

Expressing gratitude, Nahula thanked the Government of India, the Indian business community, and all those who contributed to the success of her visit, which she believes will further strengthen the bond between the two nations.

The forum coincided with the ongoing five-day state visit of Minister Nahula, accompanied by her spouse, to India. This visit follows her attendance at the swearing-in ceremony of Prime Minister Narendra Modi earlier this year in June.