representing CMR in Turkey and facilitate in the business development among the growing Turkish businesses. Some of the key highlights of the agreement are:
Revsemi will represent CMR in Turkey and market CMR services and standard industry reports.
Revsemi and CMR will work on mapping of business interests of Turkey and India and develop a programme to help businesses in either country with market information, consultation and Go-to-Market services.
CMR will also provide cost effective backend research services to Revsemi clients in Turkey.
On the sidelines of signing the agreement, Thomas George, Vice President and Head, Cyber Media Research Ltd. said, “We are happy to partner with Revsemi and confident that our multi-disciplinary research, consulting and go-to-market services experience will surely add value to the decision making of businesses in Turkey, particularly those that wish to develop their business interests in India and the South Asian region.”
Attributing strategic relevance to the partnership, Murat Eskiyerli, PhD, Manging Director of Revolution Semiconductor Labs said, “India has always been a significant market for Turkish businesses and very recently we have seen it becoming a focus market for several businesses across industry verticals. Through this relationship, we will have a competitive advantage of servicing the clients.”
In recent times, companies from India and Turkey have explored business opportunities in each other’s geography and there have been some successful stories. Some of the popular Indian brands are already available in Turkey like Tata Motors and GMR Infrastructure. Similarly, some of the Turkish businesses are also working closely with Indian companies and there are some more interesting developments happening on this front.