Uzbekistan to Enhance Subsidies for Indian Pharmaceutical Investments
Uzbekistan Plans Subsidies To Boost Indian Pharma Investment

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Uzbekistan plans to boost Indian pharmaceutical investments by offering enhanced subsidies and technology transfer incentives. This initiative aims to strengthen local manufacturing and reduce import dependence, while fostering economic ties between India and Uzbekistan.
- 01Uzbekistan's Deputy Minister Shokhrukh Gulamov highlighted plans for enhanced subsidies to attract Indian pharmaceutical investments.
- 02Proposed reforms include simplified regulatory approvals and tax incentives for technology transfer and industrial cluster participation.
- 03Bilateral trade between India and Uzbekistan reached $1.317 billion in 2025, marking a 33.3% increase from 2024.
- 04As of May 2026, there are 397 Indian-invested enterprises in Uzbekistan, including 311 joint ventures.
- 05Cultural diplomacy is emphasized as a means to strengthen economic relations and encourage investment.
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Uzbekistan is set to offer enhanced subsidies and technology transfer incentives to attract greater investment from Indian pharmaceutical companies, according to Deputy Minister of Investment, Industry and Trade Shokhrukh Gulamov. The initiative aims to strengthen Uzbekistan's position as a regional hub for pharmaceutical manufacturing by simplifying regulatory approvals and providing tax incentives. Gulamov emphasized the importance of streamlined licensing procedures, reduced bureaucratic barriers, and predictable regulatory timelines to make local production more appealing. He also noted that access to industrial zones and joint ventures with local partners would enhance production capacity and compliance with quality standards. The partnership between India and Uzbekistan has been growing, with bilateral trade reaching $1.317 billion in 2025, a 33.3% increase from the previous year. As of May 2026, there are 397 Indian-invested enterprises in Uzbekistan, reflecting the increasing economic collaboration. Gulamov stressed that cultural diplomacy plays a significant role in strengthening these economic ties, enhancing trust and collaboration between the countries.
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The proposed subsidies and incentives are expected to enhance local pharmaceutical production, improving healthcare access in Uzbekistan and reducing reliance on imports.
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