Mumbai, 11 December 2025:
The Italy–India Business Forum 2025 concluded in Mumbai with a strong emphasis on enhancing bilateral trade, strengthening supply chains, and expanding cooperation in high-technology sectors. Held during the visit of H.E. Mr. Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs & International Cooperation of Italy, the Forum marked a significant milestone in reinforcing the India–Italy Strategic Partnership.
Organised with participation from senior government delegations, unicorn founders, leading industry associations and over 150 Indian and Italian companies, the Forum showcased the growing synergy between the two nations across priority sectors.
High-Level Meeting Between Shri Piyush Goyal and DPM Antonio Tajani
Union Minister of Commerce and Industry Shri Piyush Goyal and Italian Deputy Prime Minister Mr. Antonio Tajani held a bilateral meeting in Mumbai.
Discussions focused on:
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Expanding bilateral trade and investments
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Enhancing supply chain resilience
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Strengthening collaboration in clean mobility, renewable energy, advanced manufacturing, and food processing
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Advancing technology partnerships between the two innovation ecosystems
Both leaders reaffirmed the commitment to deepen industrial ties and foster mutually beneficial economic engagement.
Sectoral Roundtables and Pitching Sessions Drive Innovation Dialogue
The Forum began with parallel sectoral roundtables and pitching sessions in key areas:
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Automotive & Clean Mobility
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Waste-to-Energy & Renewables
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Sports Technologies & Sports Textiles
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Agri-food & Food Processing
These sessions facilitated structured interactions, enabling companies to explore joint ventures, co-development partnerships, R&D opportunities, and value-chain integration. Italian companies presented innovative solutions, while Indian firms highlighted opportunities in one of the world’s fastest-growing markets.
Plenary Session Highlights Strategic Outcomes
The Plenary Session, attended by both Ministers, featured presentations from sector leads summarizing outcomes of the day’s dialogues.
Speakers included representatives from:
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CDP, SIMEST, SACE
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Invest India, FICCI, CII, ASSOCHAM
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Confindustria
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Italian Trade Agency
H.E. Mr. Antonio Tajani delivered Special Remarks, followed by Closing Remarks from Shri Piyush Goyal, who reiterated India’s commitment to shaping a future-ready bilateral economic partnership.
Engagement with Unicorns and Startups
Both delegations also interacted with leading Indian unicorns to explore cooperation in:
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Digital innovation
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AI & DeepTech
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FinTech
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Industrial technology solutions
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Startup ecosystem collaborations
These engagements emphasized the role of emerging technology in driving next-generation economic partnerships.
Over 100 B2B Meetings Fuel Commercial Collaborations
A large B2B matchmaking session facilitated 100+ business interactions across:
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Manufacturing
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Renewables
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Transportation systems
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Sports innovation
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Food processing
The session created immediate commercial opportunities and laid the groundwork for long-term partnerships.
Signing of the Agreed Minutes of the 22nd JCEC
One of the most significant outcomes was the signing of the Agreed Minutes of the 22nd India–Italy Joint Commission for Economic Cooperation (JCEC).
This document formalizes the discussions held and sets a concrete roadmap for future collaboration in trade, investment, and industrial growth.
The achievement builds upon the momentum generated since March 2023, when bilateral ties were elevated to a Strategic Partnership during Italian Prime Minister Giorgia Meloni’s visit to New Delhi.
Key MoUs Signed During the Forum
Several landmark MoUs were formalized, demonstrating expanding commercial engagement:
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SIMEST & ICC signed a strategic MoU to strengthen support for Italian companies investing in India.
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SAIL awarded three major steel plant technology projects to Danieli Group worth approximately €500 million, covering a Blast Furnace, Slab Caster, and Hot Strip Mill.
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PRADA S.p.A., LIDCOM & LIDKAR partnered to develop a limited-edition sandal line blending Kolhapuri craftsmanship with Italian design.
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Kuvera S.p.A. & Neopolis Brands entered an agreement to expand Carpisa retail in India, with a goal to open 100 stores by 2045.
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Cavagna Group announced a €5 million joint venture, Cavagna Group Ace Brass Tech Pvt. Ltd., with a 51% Italian stake.
Conclusion
The Italy–India Business Forum 2025 concluded on an optimistic and forward-looking note, reaffirming the shared ambition to build resilient supply chains, promote sustainable industrial growth, and strengthen cooperation in high-technology sectors. With renewed political commitment, concrete MoUs, and strong industry participation, the Forum has further elevated the India–Italy Strategic Partnership and set the stage for deeper economic linkages in the years ahead.
For more real-time updates, visit Channel 6 Network.
Source: PIB
