Indian Industry

Country Profile

Turkey
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Stretches across the Anatolian peninsula and bordering the 8 nations, turkey is home to around 71,892,807 people. The nation is endowed with natural resources of coal, iron ore, copper, marble, gold etc. Turkey's dynamic and competitive economy is an amalgamation of industrial sector along with agricultural area. The country has registered $888 billion GDP at 5% GDP real growth rate. Turkey has earned 1.798 billion kWh with an export of electricity. It has total 8,697 km roadway, which can be divided into 177,550 km & 249,356 km paved and unpaved respectively.

Snapshot

Official Name - Republic of Turkey
Capital City - Ankara
Type of Government - Parliamentary Republic
Currency - New Turkish Lira
Fiscal Year - Calendar Year
Official Language(s) - Turkish
Local Time - EET (UTC+2)
International Dialing Code - +90
Internet Domain - .tr
Major Cities - Istanbul, Izmir, Ankara, Antalya
Major Industries - Textiles, Food Processing, Autos, Mining (coal, chromite, copper, boron), Steel, Petroleum, Construction, Lumber, Paper.
Major Trading Partners - Germany, Italy, USA, Russia, France
Double Taxation Agreement with India - Yes



Economic Overview
  • Turkey's agriculture sector has been ranked 7th in terms of agricultural production in throughout the world.
  • One of the largest producer of hazelnut, fig, apricot, cherry, quince and pomegranate.
  • It is characterized as the second largest producer of watermelon, lentil & pistacchio and the fourth largest producer in terms of onion & olive production.
  • The country has been acknowledged as the 6th largest tobacco, tea & apple producer and is successfully characterized as the 8th largest producer of almond in throughout the world.
  • The nation has been positioned on 21st rank in terms of indusrial production output in all over world.
  • Its construction and contracting industry is known as one of the most leading and competitive industry in all over world.
International Trade

Major Export Items
Textiles, Foodstuffs, Metal Manufactures, Transport Equipment, Electronics, Home Appliance

Main Destinations of Exports
Germany, Italy , UK, Spain, France
Major Import Items
Machinery, Chemicals, Semi-Finished Goods, Fuels, Transport Equipment

Main Origins of Imports
Germany, Italy, Russia, USA, Iran

Contacts of Trade Ministries/ Associations

British Chamber of Commerce of Turkey Turkish Industrialists and Businessmen Association AEGEAN Exporter Association
Mesrutiyet Caddesi, 18, Asli Han, Kat 6 Galatasaray 80050 Istanbul, Turkey
Tel.: +(90)-(0)-2122490420
Fax: +(90)-(0)-2122525551
E-mail: buscenter@bcct.org.tr
Istanbul, Turkey
Tel.: +(90)-(212)-2495448/2491929
Fax: +(90)-(212)-2933783
E-mail: buscenter@bcct.org.tr
Atatürk Cad. No:382
Alsancak 35220 Izmir,
Turkey
Tel.: +(90)-(232)-4886000
Fax: +(90)-(212)-2933783

Business Visa Rules
  • Valid passport with 6 months validity remaining and with at least one blank visa page remaining for further stamping process.
  • 2 recent passport size photographs, full name should be printed on back side.
  • Visa application form duly completed and signed.
  • Letter on company letterhead clearing indicating the purpose of visiting turkey along with the other information about the applicant. It should clearly mention that who will going to bear the financial expenditure. The letter is required to be signed by an authorized person other than by the applicant itself.
Business Hours

Offices:   Monday to Friday from 09:00 - 17:00
Banks:    Monday to Friday from 09:00 - 17:00

Public Holidays

Festival Date
New Year's Day January 01
National Sovereignty and Children's Day April 23
Commemoration of Atatürk, Youth and Sports Day May 19
Victory Day August 30
Republic Day October 29
Ramadan Feast Date Varies
Sacrifice Feast Date Varies
turkey


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