Maldives, officially the Republic of the Maldives and also referred to as the Maldive Islands, is an island nation in the Indian Ocean consisting of a double chain of twenty-six atolls, oriented north-south, that lie between Minicoy Island (the southernmost part of Lakshadweep, India) and the Chagos Archipelago.he Maldives archipelago is located on top of the Chagos-Maldives-Laccadive Ridge, a vast submarine mountain range in the Indian Ocean. Maldives also form a terrestrial ecoregion together with the Chagos and the Lakshadweep.