The impact of the increasing tension between India and Pakistan is now visible at the international level as well and has suffered a big shock to Turk’s tourism and aviation sector. Especially in the shares of Turkish Airlines, there has been a decline of more than 10 percent in the last one month.

What is the whole matter?

In fact, India recently took action on terrorist bases in Pakistan and Pakistan Occupied Kashmir (POK) under ‘Operation Sindoor’. After this operation, the Turki openly supported Pakistan, which spread resentment among the Indian people.

This resentment had the most direct impact on Indian tourists going to Turki. According to Makmytrip, flight bookings for Turki have declined by 60 per cent in just one week and cancellations have increased by 250 per cent.

How big is the picture of loss?

Speaking to The Mint, Easemytrip chairman Nishant Pitti said that in 2023, about 2.87 lakh Indian tourists went to Turkas, which is 25 per cent higher than in 2022. Every Indian tourist spends an average of 1 lakh to 1.3 lakh rupees in the Turks. In total, in 2023, Indian tourists spent around Rs 3,000 crore in Turkas. Now that a large number of flights are canceling and new bookings are also stopping, the Turkes will hardly get this amount in the next few months.

Why did the shares of Turkish Airlines fall?

The shares of Turkish Airlines have fallen from 312.75 lira to 279.75 lira, ie about 10.5 per cent decline. Experts say that due to cancellation of Indian tourists flights and new bookings stalled, investors have started feeling that revenue may fall in the company’s upcoming quarters.

The political stand of Turki has not only affected its diplomacy, but is also clearly visible on its economy and stock market. It is also a strong message for India’s tourists that their decision can directly affect international companies.

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Boycott Turkey: During Operation Sindoor, his friend who supported Pakistan is constantly demanding a boycott of Türkiye. The Consideration of All India Traders (CAT), an organization of traders, has appealed to Indian traders and citizens to buy Turkey and Azerbaijan.

CAT, who has run a successful boycott campaign against Chinese goods, has now launched the latest campaign against Türkiye and Azerbaijan. To further intensify his campaign of boycott, he has planned to work with travel and tour operator. The final decision on suspension of trade with these countries will be taken on 16 May at the National Conference of Trade Dealers held in New Delhi.

Baycott Turkey caught up

CAT general secretary and MP from Chandni Chowk Lok Sabha seat, Pravin Khandelwal, says that the journey boycott can have a very bad effect on Türkiye and Azerbaijan’s economy. Especially the tourism sector there will be damaged.

If we look at the figures of 2024 last year, then about 62.2 million foreign tourists went to Türkiye. Of these, 3 lakh were Indian tourists. He contributes $ 61.1 billion to earning from tourism. Only tourists of India spend $ 291.6 million. Boycott of Indian tourists in Ace can cause major economic loss to Türkiye.

Khandelwal, while mentioning the Indian tourist in Azerbaijan, said that in the year 2024, about 2.6 million tourists went, out of which 2.5 lakh were from India. These tourists spend $ 308.6 million as tourists and contribute to the economy there. In such a situation, there can be a big loss due to boycott of Indian tourist.

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