The press service of the State Committee for Investments of Uzbekistan reported that Uzbekistan and India are implementing 50 investment projects worth $ 3 billion.
The relevant agreements were reached within the framework of the Indian-Uzbek business forum held in Delhi on September 28.
Promising areas of cooperation between Uzbekistan and India are such areas as the pharmaceutical industry and health, tourism, including medical tourism, information and communication technologies, agriculture, development and extraction of mineral resources, including uranium, non-ferrous and rare metals, infrastructure projects and the construction of affordable housing.
Today Uzbekistan exports to India such goods as beans, balms, raw silk, earth metals, fertilizers, etc. The main goods imported from India are mainly pharmaceutical, medical and food products, ferrous metals, various technological equipment, spare parts for cars.
To date, Uzbekistan has 145 enterprises with Indian capital, including 21 enterprises with 100% Indian capital. The volume of bilateral trade in 2017 made up US$323.6 million.
Direct flights from Tashkent to New Delhi and Amritsar have been launched. Only in 2017 Uzbekistan received more than 10 thousand tourists from India. In order to intensify activities in the tourism sector, the issue of creating two more direct flights from Tashkent to Mumbai and Chennai is being developed.
