Home / Knowledge / News / Shri Ashwani addresses Indo-Turkish Business Summit
Shri Ashwani addresses Indo-Turkish Business Summit
20
Mar '08
Addressing the Indo-Turkish Business Summit titled “A New Beginning for Turkish-Indian Relations: Business and Investment Opportunities, Dr. Ashwani Kumar, Minister of State for Industry, has called for increasing the trade and investment flows between India and Turkey.

He said that GDP in both the countries is dominated by private sector and find similarities in pluralist, secular democracy and free market economy, which enabled four times growth of trade between 2002-03 to 2006-07 at US $ 1.6 billion.

The Seminar was also addressed by Mr. Kursad Tuzmen, Turkish Minister of State for Foreign Trade and Foreign Contacting Services, and attended by senior officials from the Ministry of Commerce and Industry and representatives of apex chambers from both the countries.

During the course of discussion, Dr. Ashwani Kumar, flagged four key aspects of policy framework i.e, agriculture & rural development; infrastructure education; and health care for stepping up growth and at the same time make growth more inclusive.

Indian investments in Turkey are in diverse sectors viz., railway construction, electricity transmission, pipelines, consultancy services for earthquake emergency, hydro-carbon, CNG conversion and IT services.

Turkish investments in India are in sectors of tourism & travel, home textile products, construction/maintenance of roads etc.

India's exports to Turkey largely consist of manmade yarn fabrics, made-ups, transport equipments, cotton yarn, fabrics, drugs & pharmaceuticals & fine chemicals, plastic & linoleum products etc.

The main imports from Turkey are petroleum, crude products, machinery except electrical & electronics, inorganic chemicals, spices etc.

Press Information Bureau Government of India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search