India-Italy business ties, India Middle East Europe Economic Corridor get big boost

Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy is visiting India from 11-12 April. He was accompanied by the Minister of University and Research, Anna Maria Bernini, and a large delegation of businesses, leading universities and research institutions.

During the visit, External Affairs Minister Dr. S. Jaishankar held delegation level talks with DPM and FM Tajani. Minister Tajani also met with the Commerce and Industry Minister (CIM). He called on President of India. Minister Bernini with Ministers of State of Science and Technology, and Education.

In the delegation level talks, EAM and FM Tajani reviewed the growing bilateral cooperation under the ambit of Joint Strategic Action Plan (JSAP) 2025-29, which included the areas of trade and investment, defence and security, space, science and technology, clean energy transition, culture, tourism and people to people ties.

They expressed satisfaction at regular high level interactions and exchanges, and noted the vast potential of cooperation between India and Italy in areas of AI, cyber, telecom, digital technologies, renewable energy, biofuels, education and academic collaborations, scientific research and mobility of youth and professionals, among others.

The Ministers reiterated their commitment to elevating the bilateral strategic partnership and ensuring concrete outcomes from the JSAP.

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Jaishankar and. Tajani exchanged views on global and regional developments of mutual interest. EAM welcomed Italy’s continued focus on the Indo-Pacific. EAM and FM renewed their commitment to take forward the strategic initiative, India Middle East Europe Economic Corridor (IMEEC). In this context, EAM welcomed Italy’s appointment of a Special Envoy for IMEEC.EAM, CIM, DPM Tajani and Minister Bernini co-chaired the inaugural India-Italy Business, Science and Tech Forum which seeks to facilitate tech collaborations, innovation, academic and R&D partnerships, co-production and joint business ventures. The forum saw the participation of more than 100 Italian companies and counterpart Indian companies from four key sectors: Industry 4.0 and new technologies; infrastructure, transport and logistics; clean energy transition; and aerospace and defence. Several B2B meetings were held with the objective of forging economic and commercial partnerships. An Education, Science and Tech, Innovation Forum was also organized in which Heads of universities and research centres from both countries participated to explore research and innovation, and higher education collaborations. Ministry of Science and Technology, GOI and Ministry of University and Research , Italy signed an MoU for cooperation in the field of scientific research.