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Covering an area of 3.3 million square kilometers and with a population of over 1.45 billion, India is on its way to becoming the world's fourth largest economy. Growth is supported by strong trade relations with both Western and Asian countries
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The subcontinent is accelerating the modernization of its agricultural economy. By 2025, tractor sales, which are still on the rise, could potentially reach the hyperbolic figure of one million units. Technical cooperation with Italy in the agricultural machinery sector continues to strengthen
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India is the fifth largest destination market for Made in Italy products in the Asia-Pacific region. Last year, the total value of our exports to the subcontinent amounted to EUR 5.2 billion, marking a 1% increase over 2023. The "Action Plan” for Italian exports
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The Indian market also speaks Italian. Many Italian companies have decided to invest in India, attracted by a competitive job market, sustained economic growth, and a highly specialized workforce
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The Indian banking system comprises more than 150 institutions. Those specializing in foreign operations can be either state-controlled or private. Even in the financial field Italy and India can boast consolidated relations, which facilitate trade between the two countries
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The exhibition of agricultural technologies from India and Southeast Asia, organized by FICCI and FederUnacoma, wrapped up on November 29th. There was a great visitor turnout, with over 41,000 in attendance. The 2027 event is scheduled for December
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The Italian Government's Action Plan for Exports to Non-EU Foreign Markets, and the financial and insurance instruments of SACE and SIMEST, as well as the ICE structure, provide support for revitalizing bilateral relations
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Innovative technologies for the agricultural sector, access to the agromechanical market, as well as training and new skills for the primary sector. EIMA Agrimach provides a space for discussing the most pressing issues for agricultural purchasing in India