[1] Colombia is currently the commercial point of entry into Latin America for Indian companies.

On July 14, 1970 Colombia and India signed a commercial accord but this did not develop due to the economic restrictions on foreign goods both countries had and geopolitical differences.

[2] Economic and mutual cooperation ties improved with the visit of Colombian President Andrés Pastrana Arango's to India from March 4–7, 2001.

The company plans to participate in contract adjudications with the intention of exploring the Colombian land for gas.

[4][needs update] On August 23, 2007 the Colombian government reported that trade between Colombia and India was increasing.