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India focus country in Izmir International Trade Show

in International September 12, 2018 Comments Off on India focus country in Izmir International Trade Show 752 Views

Turkey:12/9/`18:The Trade Promotion Council of India (TPCI) led a75-member Indian delegation for the ongoing 87th Izmir International Trade Show in Turkey. The delegation had several B2B meetings and business tie-ups with members of the Turkish business community.India is the Focus Country in the trade show with a standalone pavilion named ‘Source India’. The India Pavilion is a multi-product pavilion, including companies displaying products like ceramics, cereals and mechanical appliances.

The ‘Source India’ Pavilion was inaugurated by Sanjay Bhattacharyya, India’s Ambassador to Ankara, Turkey. Speaking on the occasion, Bhattacharrya spoke about the strong commercial and economic relations shared by India and Turkey. Bilateral trade between the two countries was $7 billion in 2017, an increase of 8% over the previous year. He said that there is a huge potential for tie-ups between Indian and Turkish agriculture and food processing sectors. The collaborations may range from farming technology, high yielding varieties, farm machinery, food processing and cold storage.

A business collaboration has been worked out by TPCI and BIM, a Turkish supermarket chain,having 6500 stores in Turkey, 600 in Morocco and 400 in Egypt. BIM is looking to open a store in India as well. Another similar partnership agreement has been worked out with MIGROS, owners of Ram stores, a prominent brand in Kazakhstan and Macedonia.

With a similar structure in demand and supply India and Turkey can co-operate in sectors like automotive components, construction machinery, agri products and food processing, consumer electronics, jewellery, natural stones, cosmetics, furniture, textiles machinery, medical devices and pharmaceuticals. There is also great potential for co-operation between the two countries in the services sectors like construction, tourism and health care.

TPCI, a trade and investment promotion organization of Department of Commerce, has organized similar pavilions in countries like Nigeria and South Africa. These events serve the purpose of opening new areas for co-operation in trade and investment between India and the rest of the world.

India and Turkey had set a bilateral trade target of $10 billion during a meeting between Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan in May 2017.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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