India Gets Major Investment Boost During Piyush Goyals Italy Visit as Top Firms Pledge Expansion, Increased Commitments
- On June 5, 2025, Piyush Goyal, India’s Minister for Commerce and Industry, held discussions with Italian business leaders in Milan as part of his two-day official trip to Italy.
- This visit, following earlier discussions in France, aimed to strengthen economic ties within the framework of the bilateral strategic cooperation agenda for 2025-2029 between India and Italy.
- During meetings, major Italian firms like Carraro Group, UFI Filters, and Toschi Vignola announced plans to significantly expand investments and operations across sectors such as refrigeration, aerospace, and food processing.
- Carraro Group committed to an investment of Euro 350 million over the coming five to seven years, while Minister Goyal noted productive talks focused on advancements, new opportunities, and production capabilities within India.
- These commitments signal strengthened bilateral economic ties and potential job creation as Indian and Italian companies seek to leverage India’s growing market and supply chain role.
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India gets major investment boost during Piyush Goyals Italy visit as top firms pledge expansion, increased commitments
India has received a significant support from global companies and investors during Commerce and Industry Minister Piyush Goyal's visit to Italy, as several leading Italian companies announced plans to expand their presence and double down on investments in the country.
Italian Business Leaders Pledge Investments in India After High-level Meeting with Commerce Minister
Get latest articles and stories on World at LatestLY. The meeting brought together top executives from key Italian industrial sectors, including commercial refrigeration, aerospace and defence, and technical gases, all expressing a strong commitment to expanding their operations in India's rapidly growing market. World News | Italian Business Leaders Pledge Investments in India After High-level Meeting with Commerce Minister.
India and Italy Forge Strategic Economic Alliances: Commerce Minister Goyal Leads Talks
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Indian, Italian Ministers Discuss India-Middle East-Europe Economic Corridor
India and Italy agreed to prioritise cooperation in several emerging and strategic sectors, including Industry 4.0, aerospace, energy transition, and sustainable mobility. The post Indian, Italian Ministers Discuss India-Middle East-Europe Economic Corridor appeared first on StratNews Global.
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