A high level business delegation from the Federation of Indian Chambers of Commerce & Industry (FICCI) is on a visit to Türkiye (Istanbul and Izmir) from 18-20 December 2023. The delegation comprises representatives of sectors such as health care, ICT, food, electric vehicles, defense, drones, engineering, etc. This is a reciprocal visit by FICCI, after a DEIK delegation visited multiple cities in India in November 2022.
The business delegation participated in the India- Türkiye Business Council meeting that was organized by DEIK on 18 December at the DEIK headquarters. Chairperson of the Council Hulya Gedik welcomed the delegation and highlighted the need for more robust business exchanges between India and Türkiye. Leader of the Indian delegation, Dr. Navil Prasad (CEO, Kirloskar Technologies), urged that the bilateral trade had the potential to more than double the current level, and that more investment in both countries must be the way forward. He stated that India was open for business with Türkiye and that this visit to Istanbul was a signal of the openness by India for Turkish businesses. Consul General of India Mijito Vinito said that India presented a growth opportunity and partnership, and challenged the private sector on both sides to increase the frequency of focused business exchanges. Mr. Cagatay Ozdeb of the Ministry of Trade presented a detailed overview of the current trade and investment status between India and Türkiye, and suggested steps ahead that could be taken.
The FICCI delegation also had fruitful meetings with the leadership of TOBB and MUSIAD, and paid a visit to Yildiz Technopark. The delegation will head to Izmir for business meetings with the Izmir Chamber of Commerce and the Aegean Exporters Association.
19 December 2023