TICCI Kolkata Inauguration & Sign MoU with Assocham

The Turkish Indian Chamber of Commerce & Industry (TICCI) has opened an office in the city to promote trade and investment between the two countries. It has also signed an MoU with Assocam to broaden the business horizon for the two countries.

TICCI President Ersin Karaoglan said that the chamber is focusing on automotive spares as well as tourism and education for bilateral business cooperation.

He felt the developed Turkish tourism industry could partner Indian counterpart in developing travel infrastructure here. "On the other hand, Indian skill and infrastructure pool in education might be utilised by Turkish students and professionals.''

Karaoglan said Turkish business community has found out opportunities in auto component manufacturing in Tamil Nadu. "This could further be extended to other areas of the country," he felt.

Trade between India and Turkey also include products such as tea, textiles, leather and jute. The two countries also have possibilities of increasing businesses in the areas of infrastructure building and construction materials such as marbles, tiles and sanitary wares.

The Turkish official said as his country has customs union with the European Union, it acts as an export gateway to the EU. As many as 150 Indian companies, including those from Aditya Birla, Tatas, Mahindras and Mukesh Ambani groups, were present in Turkey.

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