• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 205.6mn
FDI inflows to India from April 2000-March 2021

US$ 5.42bn

bilateral trade during FY2020-21

1,708
NRIs/PIOs currently live in Turkey

Economy

Turkey's economic growth is expected to rebound to 3 per cent in 2020, led by a recovery in consumption and investment, accelerating to 4 perc ent in 2021.

Largest

producer of hazelnuts, cherries, figs, apricots, and pomegranates in the world; Vast production of several varieties of fruits has built a food processing industry.

Opportunities

Turkey offers strong and growing opportunities in IT, healthcare, fuel products, automotive, fabrics, defence and aerospace, chemicals, industrial machinery.

Taxation

Turkey has made paying taxes easier by amending the value-added tax code to exempt certain capital investments from value-added tax, thus aiding businesses.

Regulation

Turkey has made property registration less expensive by temporarily reducing mortar charges to transfer property, and faster by reducing the time to obtain a tax assessment.

Tourism

Turkey, shared by the continents of Asia and Europe and enriched with Ottoman history and diverse scenic beauty, has built a strong tourism sector.

India's Exports and Imports to Turkey

Presidency of the Republic of Turkey Investment Office

http://www.invest.gov.tr/en-US/ContactUs/Pages/ContactUs.aspx

+90-312-413-8900

Visit Website

Kavaklıdere Mahallesi Akay Caddesi No:5 Çankaya/ANKARA 06640

Confederation of Asia-Pacific Chambers of Commerce and Industry

+91-11-2348-7466

Visit Website

7F-2, #760, section 4, Bade road, Songshan District, Taipei City, Taiwan 105

Ahiler Development Agency

-

+90-384-214-3666

Visit Website

Cevher Dudayev Mah. Vatan Cad. No: 42/1 Head Office / NEVŞEHİR

Embassy of India, Ankara

+90-312-438-2195/98

Visit Website

Embassy of India
77, Cinnah Caddesi,
Cankaya 06680,

Consulate General of India, Istanbul

+90-212 -296-2131; 212-296-2132

Visit Website

Cumhuriyet Cad. No. 42 Flat No. 11-12, 6th Floor, Dortler Apt., Elmadag, 34367, Istanbul

Commercial Representative

+90-212-296-902; 530-825-8037

Mr.Purnojyoti Mukherjee,
Consul/HOC, Istanbul

Commercial Representative

+90-212-296-2131; 530-412-3625

Mr. Ankit Kumar
ASO, Istanbul

Commercial Representative

Mr. Tevfik Ugyur
Local Clerk, Istanbul

Commercial Representative

+90-530-314-2205; 530-314-2205

Visit Website

Alok Verna
Second Secretary (Com) & HOC, Ankara

Opportunities

Agricultural exports

    Whiskies (220830)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Cocoa beans, whole/broken, raw/roasted (180100)
    Cocoa butter, fat & oil (180400)
    Cocoa paste, not defatted (180310)
    Cocoa powder, not cont. added sugar/oth. sweetening matter (180500)

    agriexchange.apeda.gov.in

    BANANAS FRSH OR DRIED (080390)
    Dates, fresh/dried (080410)
    Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
    Vegetable seeds, of a kind used for sowing (120991)

    agriexchange.apeda.gov.in

    Chickpeas (garbanzos), dried, shelled, whether or not skinned/split (071320)

    agriexchange.apeda.gov.in

    Lentils, dried, shelled, whether or not skinned/split (071340)

    agriexchange.apeda.gov.in

    Fish fillets; frozen, coalfish (Pollachius virens) (030473)
    Fish; fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, livers, roes, and other fish meat of heading 0304 (030214)
    Fish; frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber Japonicus), excluding fillets, llvers, roes, and other fish meat of heading 0304 (030354)
    Fish; frozen, skipjack or stripe-bellied bonito, excluding fillets, livers, roes, and other fish meat of heading 0304 (030343)
    Molluscs; cuttle fish and squid, whether in shell or not, frozen, dried salted, in brine, or smoked, cooked or not before or during the smoking process (030749)

    fishexchange.mpeda.gov.in

    Walnuts, in shell (080231)

    agriexchange.apeda.gov.in

    Rice in the husk (paddy/rough) (100610)

    agriexchange.apeda.gov.in
Minerals

    Reserve: 34.2 million tonnes
    Export: 249.864 million kilograms / US$ 30.575 million

    mta.gov.tr

    Reserve: 3 billion tonnes
    Export: 651 million kg (US$ 207.285 million)

    mineral research and exploration

    Production: 80,552,257 tons
    Export: US$ 617 million

    bgs.ac.ukoec.world

    Production: 1,779,900 tons
    Export: US$ 378 million

    wmc.org.ploec.world

    Reserve: Lignite – 12 billion tonnes
    Export: Lignite – 1.94 million kg/ US$ 277,000

    mta.gov.tr

    Reserve: 1.46 million tonnes
    Export: 185.49 million kg / US$ 172.8 million

    mta.gov.tr

    Reserve:44.01 million tonnes
    Export: 48.69 million kg / US$ 3.86 million

    mta.gov.tr

    Production: 10,273,573 tons
    Export: US$ 213 million

    wmc.org.pl

    Reserve: 328 million tonnes

    mta.gov.tr

    Production: 10,223,112 tons
    Export: US$ 47.6 million

    bgs.ac.uk

    Production: Iron Ore-9,992,455 tons
    Export: Iron Ore-US$ 45.2 million

    bgs.ac.ukoec.world

    Production: Lead Ore-74,990 tons
    Export: Lead Ore-US$ 180 million

    bgs.ac.ukoec.world

    Reserve: 3.820 tonnes
    Export: 118.012 KG / US$ 147.72 million

    mta.gov.tr

    Production: 364 million cubic meters
    Export: US$ 410 million

    wmc.org.ploec.world

    Reserve: 5.7 billion tonnes
    Export: 533.027 million kg / US $ 30.531 million

    mta.gov.tr

    Production: 6,644,552 tons
    Export: US$ 24.4 million

    bgs.ac.ukoec.world

    Reserve: 5.74 million tonnes

    mta.gov.tr

    Production: 365,000 tons
    Export: US$ 324 million

    bgs.ac.ukoec.world

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Turkey
  • Broken/unbroken poppy seeds
  • Machinery and mechanical appliances
  • Pearls and precious/semi precious stones
  • Inorganic chemicals
India's top export to Turkey
  • Medium oils and fuels
  • Filaments and staple fibres
  • Automotive parts and accessories
  • Organic chemicals

Bilateral Investors

Country News

Multilateral supply chains to be made more resilient in the face of COVID-19 impact

November 27, 2020

The COVID-19 pandemic has brought about the need to re-evaluate …

Read More

India urges G-20 nations to ensure medicines supply

May 14, 2020

India has called upon fellow member nations at the recent …

Read More

G20 ministers’ meet seeks to stabilize energy markets

April 10, 2020

India’s Union Minister of Petroleum and Natural Gas and Steel, …

Read More