Turkey Boycott: Prime Minister Modi recently said that water and blood cannot flow together in the Adampur Air Base meeting. His comments appear to have been an oblique reference to India’s decision to halt the Indus Waters Treaty. The idea that tourism and terrorism shouldn’t coexist has emerged as a new catchphrase in this context. India has chosen to issue a severe warning to Turkey with this phrase.
India Support to Turkey:
In the past, the Indian government was the first to react when an earthquake struck Turkey. It delivered vital foodstuffs, medications, and financial aid under the name Operation Dost. However, that was the prize. Turkey backed Pakistan in the Indo-Pak conflict today. In addition, it supplied firearms. Turkey attempted to use drones to attack India and Pakistan.
State of Economy in Turkey:
Turkey’s economy is collapsing because it relies on high-interest government bonds to keep the lira stable. As the Turkish lira (TRY) has been plunging, the government’s attempts to keep it stable are failing.
Turkey’s gross foreign exchange reserves as of March 2025 are approximately $85 billion; net reserves, once loans and swap agreements are taken into consideration, are close to zero or even negative; and true liquid reserves that can be used for intervention may only be between $20 and $40 billion.
How does Boycott on Turkey Impact its Tourism?
Turkey Tourism: One of the most popular travel destinations for Indians has been Turkey. However, prominent Indian travel agencies like Ixigo, EaseMyTrip, and Cox & Kings have suspended bookings to Turkey because of Turkey’s position in the Indo-Pak conflict. All hotel and flight reservations to Turkey, China, and Azerbaijan have been halted by Ixigo.
Members of the Travel Agents Association of India (TAAI) have been instructed to stop marketing and selling travel packages to Turkey. This coordinated effort is probably going to result in a sharp drop in Indian visitor numbers, which will hurt Turkey’s tourism industry’s bottom line. Turkey’s tourism industry brought in $61.1 billion in 2024, an 8.3% rise over the year before.
Turkey Trade: India imported goods like reactor parts and petroleum products, contributing to the $13.81 billion in trade between India and Turkey in 2022–2023. Pune merchants are already denying Turkish apples as part of the boycott. It might negatively affect Turkish exports and put pressure on economic relations if it spreads.