"I personally think the biggest incentive here now is stability and predictability. We have a strong feeling that chances of this country being successful is very high as it has all the conditions in place," Turkish Finance Minister Mehmet Simsek said.
Admitting that trade volume between India and Turkey, members of G-20, is very low now, he said there is high potential to expand and deepen bilateral trades ties.
The visiting Minister appreciated the Government's flagship 'Make in India' programme and said Turkish companies are very excited to become part of the project, designed to transform India into a global manufacturing hub.
"Turkish companies cannot afford to miss the opportunities in India; they cannot afford to be left out in the make in India campaign. We want to be part of it," Simsek, here to promote Turkey as an investment destination, said.
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Earlier in the day, he met industry captains, including Tata Sons Chairman Cyrus Mistry.
Simsek will be meeting Finance Minister Arun Jaitley tomorrow in New Delhi.
He said Turkish companies can participate in areas of technology, energy, machine equipments, infrastructure, petrochemicals, food and processing, among others.
The Minister said by becoming part of the Make in India' campaign, both the countries can increase their trade volume apart from creating jobs.
He, however, said awareness about opportunities here among Turkish companies is very low. "In general, the core issue is that there is lack of awareness about opportunities here. The 'Make in India' programme needs to be promoted in Turkey, where not many people are familiar with it.