Latest news with #India-ItalyJointCommissionforEconomicCooperation
Time of India
2 days ago
- Business
- Time of India
India & Italy agree to deepen ties in aerospace, agri, energy transition
Brescia: India and Italy have agreed to strengthen cooperation in emerging and strategic sectors including aerospace and energy transition , agriculture, and global connectivity initiatives such as the India-Middle East-Europe Economic Corridor (IMEC), the government said on Friday. "India and Italy resolved to strengthen cooperation in agriculture and food processing, and to set up joint working groups in the automobile and space sectors," the commerce and industry ministry said in a statement. The countries identified collaboration opportunities in sustainable agri value chains, agri machinery, food packaging technologies, and renewable energy, and agreed to work together in areas such as green hydrogen and biofuels. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Commerce and industry minister Piyush Goyal and Italy's deputy prime minister Antonio Tajani in a meeting in Brescia also "expressed intent to facilitate movement of skilled professionals between the two countries." The two leaders co-chaired the 22nd session of the India-Italy Joint Commission for Economic Cooperation (JCEC), the ministry said. Live Events (The correspondent is in Brescia at the invitation of commerce & industry ministry)
The Hindu
3 days ago
- Business
- The Hindu
India, Italy agree to enhance agriculture and energy cooperation, investments
Following Commerce and Industry Minister Piyush Goyal's two-day visit to Italy, the two countries have resolved to work together on enhancing cooperation in a number of sectors, including various agricultural and energy sectors, the government said on Friday (June 6, 2025). Mr. Goyal completed a two-day visit to Italy on June 5, following a three-day visit to France. During his time in Italy, he co-chaired the 22nd session of the India-Italy Joint Commission for Economic Cooperation (JCEC) along with Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani. 'Several concrete outcomes emerged from the JCEC,' the Ministry of Commerce and Industry said in a release. 'India and Italy resolved to strengthen cooperation in agriculture and food processing, and to set up Joint Working Groups in the automobile and space sectors.' The two leaders and their teams also identified several opportunities for collaboration in sustainable agri-value chains, agri-machinery, food packaging technologies, and renewable energy. 'They also agreed to work together in areas such as green hydrogen and biofuels and expressed intent to facilitate movement of skilled professionals between the two countries,' the release added. According to the government, a delegation of leaders from about 90 companies accompanied Mr. Goyal on his trip, during which they visited Italian industries and held several meetings with local companies. 'Shri Goyal also held one-on-one interactions with Italian corporate leaders and welcomed their plans to expand operations, manufacturing, or office presence in India,' the release said. Data from the Department for the Promotion of Industry and Internal Trade (DPIIT) shows that Italy accounts for 0.49% of all the foreign direct investment into India since 2000, at $3.6 billion.
