Related Keywords: 83rd İzmir International Fair, India and Turkish, Indian Ministry of Trade and Commerce, textile business, TICCI, trade relations, trade volume, TUSKON
India and Turkish trade relations have improved rapidly over the past decade. Trade volume between Turkey and India was $2.3 billion and $4 billion in 2009 and 2010, respectively. This figure reached $6 billion in 2013, according to the Indian Ministry of Trade and Commerce.
According to Ersin Karaoğlan, the president of the Turkish Indian Chambers of Commerce and Industry (TICCI), India has a large population with vast land and a huge market, all of which attract foreign investors to the country. India is a big player in the textile business and construction.