India's FDIs in Azerbaijan grew up to $1.26 billion

11:26 - 30.01.2026


January 30, Fineko/abc.az. From 2016 to the end of the 1st half of 2025, the volume of accumulated foreign direct investments (FDIs) from India into Azerbaijan's economy grew from $480 million up to $1.26 billion, ABC.AZ informs with reference to the Eurasian Development Bank's "Eurasian Region and Partner Countries in Asia: Analysis of Investment Flows".

The bank emphasizes that Azerbaijan is the second most important recipient of Indian FDI in the Eurasian region. At the same time, Indian presence in Azerbaijan is limited to just one investor.

The EDB reminds that Indian company ONGC Videsh has a stake in two key facilities of the Azeri-Chirag-Guneshli (ACG) oil and gas cluster and in the Baku-Tbilisi-Ceyhan (BTC) pipeline.

The deal took place in 2013, and in 2024 the company increased its share in these projects. This allowed bringing the total investment to $1.26 billion.