Italy is bullish on enhancing its trade and investment ties with India, including in the defence sector, under the Make in India initiative, riding on the extremely positive trend in bilateral trade since 2020, said Italy's envoy to India Vincenzo de Luca.
"The trend in bilateral trade has been extremely positive since 2019. In 2021 it touched e10.4 b. Between January and August 2022, the figure has already touched e9.8 b, which is a jump of 52%
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Trade relations between Italy and India are growing strongly. Bilateral trade has reached record smash karts levels and is expected to continue to increase in the coming time, especially in the field of defense.