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Upcoming Events Italy

May
9
Wed
8:47 am Macfrut 2018
Macfrut 2018
May 9 @ 8:47 am – May 11 @ 9:47 am
Macfrut is a leading trade fair for professional operating in the fruit and vegetables sector in Italy and in Europe. The new premises of the exhibition, the growing number of Italian and foreign companies participating,[...]
May
17
Thu
9:06 am Expodental 2018
Expodental 2018
May 17 @ 9:06 am – May 19 @ 10:06 am
ITA in collaboaration with Italian Dental Industries Association is organizing a delegation of Indian buyers to Rimini to Expodental. Expodental displays the Italian Excellence in Dental equipment and machinery, offering high quality solutions appreciated for[...]

Mostra C Expocomfort 2018 

 

13th MAR 2018- ITA will be organizing a delegation to the 41st edition of MCE – MOSTRA CONVEGNO EXPOCOMFORT, the world’s leading biennial exhibition for residential and industrial installations, air-conditioning and renewable energies scheduled for 13 – 16 March 2018 at Fiera Milano.

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ExpoDental 2018 

 

17th MAY 2018- ITA in collaboaration with Italian Dental Industries Association is organizing a delegation of Indian buyers to Rimini to Expodental. Expodental displays the Italian Excellence in Dental equipment and machinery, offering high quality solutions appreciated for their reliability, avant-garde technologies and pleasing designs.

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WorldBuild India April 2018

19th APR 2018: at Bombay Exhibition Centre. WorldBuild India is the premier International B2B Architecture and Construction Exhibition in India: 220 exhibitors from 25 countries and a unique audience of 18,600 visitors, 62% of which don’t attend any other construction event in India. The event is a gateway for foreign players to showcase advanced technologies, and for Indian companies to gain valuable international partners to expand their value propositions.

To Register yourself as an exhibitor, fill out the “space application form” and email it to us at mumbai@ice.it

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Delegation to BIAT 2018:

19th APR 2018: Funded under the Cohesion Action Plan of the Economic Development Ministry, BIAT is an initiative designed to showcase the innovation and excellence of enterprises and research systems in Italy’s Southern Regions. With a primary focus on fostering forms of international cooperation at various levels, through transfer of innovative products and services or high technology and intangible assets (patents in particular), BIAT uses a matchmaking mechanism between supply and demand in the commercial, industrial and technological fields between start-ups, innovative SMEs, business networks, research centres, universities, technology parks and investors.  ITA will be organizing a delegation to Naples for the fourth edition.

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Italy India Collaborative Industrial Research and Development Program

The Italian Trade Agency is proud to reveal the Italy India collaborative industrial research and development program.

This is a joint research grant program for industry lead research in the fields of advanced materials, smart manufacturing, technologies for cultural heritage and water technologies funded by The Ministry of Foreign Affairs and International Cooperation, of the Italian Republic, in partnership with the Department of Science & Technology (DST) Government of India (the Indian side of the project is managed by GITA- Global Innovation and Technology Alliance).  

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MONTHLY ECONOMIC REPORT

As per the first revised estimates of national income, consumption expenditure, savings and capital formation, released by the Central Statistics Office (CSO) on 31st January 2018, growth rate of Gross Domestic Product (GDP) at constant market prices was 7.1 per cent in 2016-17 and 8.2 per cent in 2015-16. The second advance estimates of national income released on 28th February 2018, estimated the growth of GDP for the year 2017-18 to be 6.6 per cent.

The growth in Gross Value Added (GVA) at constant (2011-12) basic prices for the year 2017- 18 is expected to be 6.4 per cent (as per 2nd advance estimates). At the sectoral level, agriculture, industry and services sectors grew at the rate of 3.0 per cent, 4.8 per cent and 8.3 per cent respectively in 2017-18.

 

Rules & Regulations

FSSAI ISSUES NEW RULES FOR ENSURING QUALITY IMPORTS

India’s food regulator issued new rules for importing products, seeking to address concerns over the entry of sub-standard items and simplify the process by setting shelf-life norms and relaxing labelling guidelines. No food article will be allowed unless it has 60% of its shelf life remaining when it is cleared from customs, according to the new rules. Companies must register with the Directorate General of Foreign Trade and possess a valid import-export code, apart from an FBO licence to import food. The Food Safety and Standards (Import) Regulations, 2016, will come into force when they are notified by publication in the Official Gazette.

REVIEW OF FDI POLICY ON CONSTRUCTION DEVELOPMENT SECTOR

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, approvesl for amending the existing Foreign Direct Investment (FDI) policy on the ‘Construction Development Sector’ in line with the Budget announcement of the Government. The amendments in the relevant paragraphs of the extant FDI policy as contained in the Consolidated FDI Policy Circular 2014 are as follows

News

MACCAFERI AWARDED THE AQUA FOUNDATION’S EXCELLENCE AWARD

Jan 2018 – Maccaferri has been awarded the aqua foundation excellence award for “Outstanding Contribution towards cause of Sustainability” (Private Sector), at the World Aqua Congress in November. This award recognizes their exemplary industry-leading practices and commitment to the environment that Maccaferri has demonstrated in the last 18 years of its presence in India.

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INDIA AND ITALY SIGN AN MOU: COOPERATION IN AGRICULTURE AND PHYTOSANITARY ISSUES

Dec 2017 – Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh welcomed the visiting delegates led by Shri H.E Maurizio Martina, Italian Minister for Agriculture Food and Forestry Policies. The two Ministers signed a new MoU for cooperation in Agriculture and Phytosanitary issues that will replace the one signed in 2008. The MOU provides a good framework for cooperation in this field.

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ROAD MINISTER TO PROMOTE NEW TECHNOLOGIES IN HIGHWAY PROJECTS

OCT 2017- The road ministry today said it has decided to implement a ‘Value Engineering Programme’ to promote new technologies and material in highway projects.

“The Ministry of Road Transport and Highways, has decided to implement a ‘Value Engineering Programme’ to promote the use of new technologies, materials and equipment in highways projects executed either under PPP mode or public funding mode,” an official statement said.

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SMART CITY CONTRACTS TO SHOW RESULTS BY JUNE 2018

OCT 2017- Contracts already awarded for smart cities will bear visible results by June 2018, Housing and Urban Affairs Minister Hardeep Singh Puri said on Thursday.

Speaking at the 33rd India Economic Summit, being jointly organised by the World Economic Forum and the Confederation of Indian Industry (CII), Puri said, “Hundreds of thousands of crores worth of contracts have already been awarded and work is in full swing”.

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Publications

E-COMMERCE IN INDIA – A GAME CHANGER FOR THE ECONOMY

e-Commerce has transformed the way business is done in India. With attractive and convenient shopping options at the core of the consumer facing business, the e-Commerce industry offers the power to create innovative, sustainable, consistent and seamless shopping experience across all channels. In the last 4 years, while the e-Commerce B2C segment has grown significantly leading to creation of many Unicorns, the focus of the Investors going forward seems to have shifted to profitable growth to achieve a stabilization of the economic model. This seems to be resulting in collaborations and partnerships across the value chain with the aim to optimize the costs. Simultaneously, the e-Commerce B2B segment is showing signs of rapid digital adoption which is likely to feed the significant rise of MSMEs and entrepreneurs from the Indian hinterland.

REPORT: THE CHEMICAL INDUSTRY IN INDIA

 The Indian Chemical Industry is an integral part of Indian economy . The industry has key linkages with several other downstream industries such as agriculture, infrastructure, textiles, food processing etc. This report on Indian Chemical and Petrochemical Industry is a part of FICCI and TATA Strategic Management Group (TSMG) Chemical Practice’s endeavor to highlight the utility of Chemicals in day-to-day life.

Business Opportunities

ANNOUNCED: 9 NEWEST SMART CITIES

The Narendra Modi government announced 9 new smart cities on January 22nd 2018, brining the total number up to 99. These cities will see an investment of over 12,824 cr (1.9 Billion USD).

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RAILWAYS WILL SOON INVITE BIDS FOR MORDERNISATION OF 400 STATIONS

The railways will soon invite bids for modernisation of 400 stations, opening up more avenues for private investment in infrastructure. The government has also set up the National Investment and Infrastructure Fund (NIIF) and is in touch with global sovereign and pension funds to become partners in facilitating greater private investment.

Jobs & Internships

VACANCY AT ITALIAN CONSULATE

APR 2018-  Avviso di assunzione di 1 impiegato a contratto da adibire ai servizi di assistente amministrativo nel settore consolare-visti del Consolato Generale d’Italia  in Mumbai.

HR SERVICES

AUG 2017- One of the most important factors of running a successful business is the acquisition of qualified local staff. However, finding the right employees is not an easy task.

The Italian Trade Agency has been in India for 44 years and has been working closely with Italian and Indian corporates and associations. With the knowledge and insight gained from this experience, we are ideally placed to mediate on behalf of companies to recruit suitable candidates. We can provide consultation and advice on the most effective recruitment, compensation and handling of your personnel by combining global strategy with local sensitivity.

 

Made In Italy Resource Center

The Import Of Food Products Into India Is Controlled By The Food Safety And Standards Authority Of India (FSSAI).

The import of food products into India is controlled by the Food Safety and Standards Authority of India (FSSAI). The FSSAI has published various regulations and notification, which have to be followed while importing food products.