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PM Modi Announces $175 Mn Special Package for Seychelles After Meeting President Herminie

  • On February 9, 2026, Prime Minister Narendra Modi announced a special economic package of $175 million during a joint press with Republic of Seychelles President Dr. Patrick Herminie at Hyderabad House in New Delhi.
  • The longstanding development partnership prompted the move, with Modi noting relations are entering a new phase during Herminie's six-day visit.
  • The package will fund concrete projects in social housing, mobility, vocational training, health, defence, and maritime security, while Modi highlighted that the Indian community in Seychelles has contributed to its social and economic life.
  • The two sides agreed on a broad vision to expand cooperation in sustainability, trade, economy and security, with all efforts based on Seychelles' priorities and needs.
  • Seychelles' role as a key maritime neighbour positions it strategically, as India and Seychelles are connected by geography, history, trust and a shared vision for the future in the Indian Ocean Region.
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India Shipping News broke the news in on Monday, February 9, 2026.
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