Photo: IPN
Today, India, with a population of nearly 1.5 billion, is one of the world’s largest and most dynamically developing economies. Strengthening ties with this market can help diversify Moldovan exports, attract investment, and integrate local companies into new international value chains.
These issues were discussed at the forum, which served as a platform for direct and expanded dialogue between the business communities of the two countries. There are 75 Indian companies operating in Moldova. However, in recent years, economic dialogue has largely focused on the pharmaceutical sector, with the result that 10% of the medicines in Moldova are manufactured in India.
New Momentum in Relations
In 2024, after a 21-year hiatus, the two countries resumed bilateral political consultations in New Delhi. In December of that same year, Moldova opened an embassy in the Indian capital, creating a more solid foundation for promoting economic interests and developing contacts between companies in both countries. And as early as February 2025, India opened its market to Moldovan apples.
Cooperation has also expanded to the energy sector. The Indian company KEC International is participating in the construction of the 400-kV Vulcănești–Chișinău overhead power line.
At the same time, our country’s accession to the International Solar Alliance—an initiative launched by India and France—is laying the groundwork for the development of new projects in the field of renewable energy.
As a result of this momentum, trade in 2025 increased by 6.9% compared to 2024. The forum highlighted the economic and investment prospects of both countries, as well as opportunities for cooperation in infrastructure and construction, information technology, renewable energy, pharmaceuticals, agriculture, agri-food processing, and tourism.
Potential for Cooperation
Trade data indicate significant but underutilized potential for bilateral cooperation. In 2025, Moldova’s direct exports to India amounted to approximately 229,000 euros, while imports from India reached 71 million euros. To reduce this imbalance, expanding the range of exports and facilitating Moldovan companies’ access to the Indian market should become the main areas of bilateral cooperation.
Representatives of the Indian business community presented opportunities in their market and sectors of interest to Moldovan companies. Representatives from the Federation of Indian Chambers of Commerce and Industry (FICCI), the Indian Embassy, the Moldovan Chamber of Commerce and Industry, the Moldovan Fruit Producers Association, and the National Tourism Bureau participated in the discussions.
The program included a session dedicated to the development of exports of Moldovan agri-food products and the promotion of tourism in Moldova. Discussions also focused on attracting Indian investment and potential investment projects, as well as commercial cooperation and opportunities to enter new markets.
The event concluded with B2B meetings and the establishment of direct contacts among its participants.
