This study presents a comprehensive sectoral analysis of Indian investment in Uzbekistan, a strategically significant and resource-rich country in Central Asia. Drawing on data from reputable global sources including UNCTAD, WITS, and the World Bank, the research identifies key sectors attracting Indian investment—namely pharmaceuticals, information technology, agriculture, mining, and infrastructure. The paper explores the economic rationale, patterns, and evolving dynamics of bilateral engagement, supported by quantitative analysis and illustrative case studies. Through a conceptual research design, the study critically evaluates regulatory, infrastructural, and policy-level challenges faced by Indian investors while highlighting the opportunities presented by Uzbekistan’s market liberalization and reform agenda. Visual tools such as sector-wise FDI distribution and trade trend charts complement the narrative. The paper concludes with strategic recommendations aimed at enhancing bilateral economic ties and promoting sustainable, mutually beneficial investments. This analysis contributes to a broader understanding of India's regional investment strategy and offers valuable insights for policymakers, businesses, and scholars interested in Indo-Central Asian economic relations.
Kucharov et al. (Sat,) studied this question.