Boycott Turkey Effect: One Bold Move by India Costs Turkish Firm $200 Million in a Flash!

by The Uttam Hindu |
Boycott Turkey Effect: One Bold Move by India Costs Turkish Firm $200 Million in a Flash!
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New Delhi (The Uttam Hindu) : — Turkey's growing camaraderie with Pakistan appears to be backfiring, as economic consequences continue to mount. The latest casualty is Turkish aviation services company Çelebi, which has reportedly taken a massive hit of $200 million following actions linked to the Boycott Turkey movement in India. According to reports, the Indian government’s strategic and diplomatic posture, coupled with public sentiment driving the boycott of Turkish products and services, has led to major setbacks for Turkish firms operating in India. Çelebi, which handles ground services for several Indian airports, is said to have lost critical contracts and operational ground, forcing the company to downsize and cut staff.

The financial blow to Çelebi reflects the broader impact of strained Indo-Turkish relations, primarily triggered by Turkey’s vocal support for Pakistan on sensitive issues such as Kashmir. This alignment has sparked strong responses in India, both at the governmental and public levels, with increasing calls to limit economic engagement with Turkey. The development underscores how geopolitical alliances and diplomatic postures can directly affect business operations, especially in a highly interconnected global economy. As India continues to assert its economic and political clout, the repercussions for countries seen aligning against its core interests are becoming more evident.

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