India denies its companies operate in occupied region

AzerNews Weekly, Azerbaijan
March 24 2005

India has stated its official position on the press reports saying
that Indian companies are engaged in business activity in the Kalbajar
District of Azerbaijan occupied by Armenia.

“No Indian company officially registered in the country is operating
in Kalbajar”, the Indian embassy in Baku said in a recent statement.
Early in February, the Indian government asked Azerbaijan to give it
time to clarify the matter and started investigating it.