India's economic ties with Azerbaijan improve despite political drift

New Delhi: India's investments into Azerbaijan saw robust growth in 2025 despite their political ties remaining flat.

According to the Central Bank of Azerbaijan, Investments from India into Azerbaijan reached $56.047 million in 2025. This represents an increase of $12.9 million, or 29.8%, compared with 2024.

India's total investments in Azerbaijan have increased considerably over the past decade. According to a recent report by the Eurasian Development Bank (EDB), these investments rose from $480 million in 2016 to $1.26 billion by the end of the first half of 2025.


According to the EDB, this increase brought India's total investment in Azerbaijan's economy to $1.26 billion.

Azerbaijan also facilitated repatriation of nearly 200 Indians from war-torn Iran.

However, no direct investment flows from Azerbaijan into India have been registered over the years, highlighting an imbalance in bilateral capital movement and suggesting untapped opportunities for Azerbaijani investors in the Indian market.