India invites Turkish firms for infra investment

New Delhi, Mar 18 (UNI) India has invited Turkish companies to explore its markets for investment, especially in infrastructure.

Extending the invitation during an interface with Turkish State Minister for Foreign Trade Kursad Tuzmen here today, Union Commerce and Industry Minister Kamal Nath said growth potential in infrastructure sector can give sustained high returns to Turkish companies. He said Indian companies are also committed to making investments in Turkey.

The Ministers said their nations could collaborate in research and development and their commercial spin-offs in the fields of bio-technology, nano-technology and information technology.

Both sides agreed to strengthen trade links, particularly in the small and medium enterprises.

Mr Kamal Nath said Indo-Turkish trade is now on the upswing and has grown from 1.19 billion dollar in 2005-06 to 1.65 billion dollars in 2006-07.

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