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Related Keywords: ABITAT, Alliance of Businessmen and Industrialists of Tanzania and Turkey, conduct trade bridge, expressed interest to invest, links all members, Tanzanian agriculture, Textile, Textile Industry, Turkish business delegate, Turkish investors, TUSKON, visited Tanzania

The business delegate from Turkey who visited Tanzania recently expressed interest in investing in Tanzanian agriculture, textile, constructions and automobile spare parts sector. This was informed by the Alliance of Businessmen and Industrialists of Tanzania and Turkey (ABITAT). The ABITAT is also an official representative of the Confederation of Businessmen and Industrialists of Turkiye (TUSKON) here in the Tanzania. TUSKON conducts several trade bridges every year that links all of its members.

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.