Archive · 10 Jun 2025
Indian Firms in Turkey: Business Unaffected by Geopolitical Tensions
Think of it like this: India and Turkey aren't getting along very well right now.
Some Indian businesses have a presence in Turkey, like Domino's Pizza and tractor factories.
Even though the two countries are having disagreements, these Indian businesses in Turkey are saying that it's business as usual and they plan to keep operating and even grow.
They see their business as separate from the government's issues, and Turkish customers are not really paying attention to the India-Turkey tensions.
The Indian government has also taken some actions, but these businesses are proceeding with their plans as if nothing changed.
They don't expect these issues to impact their business.
Indian companies like M&M and Jubilant FoodWorks are continuing their operations in Turkey.
Jubilant FoodWorks plans to expand its Domino’s and Coffy store presence in Turkey.
M&M's tractor manufacturing in Turkey is unaffected by the geopolitical situation.
Dabur India's Turkish operations are not involved in trade with India.
The Indian government has taken steps such as reducing lease terms and revoking security clearances.
- Who
- Indian companies such as Mahindra & Mahindra, Dabur India, and Jubilant FoodWorks.
- What
- Indian companies in Turkey continue operations despite political tensions.
- When
- Ongoing, as of the article's publication.
- Where
- India and Turkey.
- Why
- Despite strained diplomatic ties, Indian companies operating in Turkey continue their operations, citing business strategies that are separate from political issues.
- Companies Mentioned
- Mahindra & Mahindra, Dabur India, Jubilant FoodWorks, Voltas
- Jubilant FoodWorks in Türkiye
- Operates Domino’s and Coffy stores, plans expansion
- M&M in Türkiye
- Operates a tractor manufacturing facility
- Dabur India in Türkiye
- Entered via acquisition; no import/export to India through Turkish ops
- Voltas in Türkiye
- Joint venture with Arçelik (Beko)
- Indian Govt Actions
- Reduced aircraft lease terms, revoked security clearance for Çelebi Aviation