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Manufacturing base in India or Turkey? |
Can anyone advise me how easy or difficult it is to open a manufacturing base in the above countries. What are the ups and downs of investing in such countries. Turkey is an associate member of the EU and therefore imports from there benefit from fast transportation as the infrastructure exists and is well tested and you have lower import duties. The site below is the Turkish Government's site for prospective investors. The downside is the language barrier which does not really exist in India. You should also explore Turkish culture to make sure you don't assume our practices will transplant there. Also check the Financial Times Country Reports at your local library as they include the experiences of firms that have invested there and contain many useful insights (I found them very useful in a project investing in North Africa a few years ago). From my dealings with Turkish people after 29 years an export sales manager, you will find them very hospitable and hard working. Another advantage is that they will sell your product in areas you would probably not even think of such as the states around the Black Sea. What's wrong with investing here???? Don't you like paying the Tax. Neither. The beuraucrats will stifle you. Stay in the West. |
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