Strengthening Bilateral Ties: The India-Italy Enterprise Discussion board


Mumbai, Dec 12 (KNN) Union Commerce and Business Minister Piyush Goyal chaired the India–Italy Enterprise Discussion board with Italian Deputy Prime Minister Antonio Tajani. 

This marked a major milestone in strengthening bilateral financial ties and increasing industrial cooperation between the 2 nations.

Excessive-Stage Bilateral Talks on Commerce and Expertise

The discussions centered on enhancing commerce, enhancing provide chain resilience, and accelerating partnerships in clear mobility, inexperienced vitality, superior manufacturing, and meals processing. 

Either side emphasised scaling know-how collaborations and creating new funding pathways.

Sectoral Dialogue and Startup Engagements

The Discussion board featured dialogue on rising applied sciences, innovation fashions, and funding alternatives throughout automotives, waste-to-energy and renewables, sports activities applied sciences and sports activities textiles, and agri-food.

The Ministers additionally interacted with main Indian unicorns to discover cooperation in digital innovation, AI, deeptech, fintech, and industrial know-how options.

B2B Interactions Held

A big-scale B2B networking session facilitated greater than 100 enterprise interactions between Indian and Italian firms in manufacturing, renewables, meals processing, sports activities innovation, and transport programs.

Main MoUs and Industrial Agreements Introduced

A number of vital MoUs have been signed on the discussion board. SIMEST and Indian Chamber of Commerce (ICC) signed a strategic MoU to boost help for Italian firms increasing into India, promote bilateral investments, and strengthen financial cooperation via structured enterprise facilitation. 

Metal Authority of India Restricted (SAIL) and Italy’s Danieli Group concluded agreements for 3 main metal plant tasks. Danieli will provide superior inexperienced applied sciences. The tasks, with capability of over 4 million tonnes yearly, has a contract worth of round EUR 500 million.

(KNN Bureau)



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