Uzbekistan and India aim to increase bilateral trade fivefold to $5bn by 2030, setting an ambitious target as President Shavkat Mirziyoyev and Indian Prime Minister Narendra Modi seek to deepen economic and strategic ties.
The goal was announced during talks between the two leaders in Tashkent, where they discussed expanding cooperation across sectors ranging from energy and critical minerals to pharmaceuticals and agriculture.
Trade between Uzbekistan and India exceeded $1bn in 2025. By August 1 this year, turnover had passed $690mn, underlining the faster pace of commercial exchanges between the two countries.
The sides identified energy, electrical...