Baku, September 27, 2025
Azerbaijan has sharply increased its direct investments in India, multiplying its outflow by 93 times in the first half of this year compared with the same period in 2024.
According to the Central Bank of Azerbaijan, Baku invested $2.6 billion in India between January and June 2025, up from a negligible amount last year. As a result, India’s share in Azerbaijan’s overseas investment portfolio rose from zero to 0.2 percent.
India, meanwhile, remains by far the larger investor. In the first six months of 2025, Indian companies invested $24.3 billion in Azerbaijan – a 9.8 percent increase year-on-year.
The figures highlight an imbalance but also deepening mutual engagement. Azerbaijan’s jump in investment points to growing interest in India’s fast-expanding market, while India’s role in Azerbaijan underlines New Delhi’s rising stake in South Caucasus energy and infrastructure projects.
