When Turkish President Recep Tayyip Erdogan openly backed Pakistan during Operation Sindoor, few anticipated that the most significant fallout would be economic. India's response extended far beyond the battlefield, targeting Turkish economic interests with precision and speed.
Immediate Impact on Turkish Aviation
Turkish aviation giant Celebi, which had built a business in India over 17 years, lost it in a single day after India revoked its security clearance. This move sent shockwaves through the Turkish business community, highlighting the risks of geopolitical miscalculations.
Metro Contracts and Partnerships Cancelled
The damage did not stop there. Metro contracts involving Turkish firms were cancelled, and Turkish Airlines lost a key partnership in India. Consumer boycotts spread across the country, with Indian consumers turning away from Turkish products and services.
Major Projects Under Review
Major infrastructure projects involving Turkish companies came under review, with several being suspended indefinitely. The cumulative effect was a severe blow to Turkish economic interests in one of the world's fastest-growing major economies.
Was Ankara's Pakistan Gamble Worth It?
This report examines how geopolitics collided with economics, why Turkish companies became collateral damage, and whether Erdogan underestimated the power of India's economy. The answer appears to be a resounding no, as Turkey now faces the consequences of its diplomatic choices.
