ITALY

THE EXTRAORDINARY COMMONPLACE

ITALY “PARTNER COUNTRY’ AT INDIA DESIGN ID 2017: 16-19 February 2017, New Delhi

FEB 2017- The Italian Trade Commission in New Delhi, as a part of a two-year campaign to promote the best of Made in Italy in India, announces the participation of Italy as a “Partner Country” at India Design ID 2017.  The design week is scheduled to be held from 16 – 19th February 2017 at NSIC Grounds, Okhla, New Delhi.

In its role as a Partner Country, exhibits from Italy’s Triennale Design Museum will be brought to India for the first time and under-35 Italian designers will showcase more than 100 works at the exhibition.
“Under 35. Italian Design” exhibits will range from self-produced prototypes to large series products and from works of art to industrial artifacts. The exhibition will showcase rich and multifaceted work beginning from…

BIAT 2017 - Innovation and High Technology Lab, Catania - March 2-3, 2017

FEB 2017- The third edition of BIAT showcases the innovation and excellence of enterprises and research systems in Italy’s Convergence Regions (Campania, Calabria, Apulia and Sicily).

The focus areas at BIAT this year are ICT, New Materials, Biotechnology, Nanotechnology, Mechatronics, Renewable Energies, Environment and Smart Cities.


Inviting companies, research centres, universities, venture capitalists and investors to discover some of Italy’s most exciting and innovative developments in technology, and to explore avenues of collaboration in technology, research and knowhow.


For more information please click on the Read More link below or write to us at mumbai@ice.it

WORKSHOP: QUALITY CONTROL IN CONSTRUCTION MATERIALS & SAFETY ON CONSTRUCTION SITES

FEB 2017- ICE has scheduled a series of workshops and conferences on techniques, technologies, materials and services for the Construction sector, as part of ICE’s programme of collaborative initiatives in India in 2017. Through this, ICE aims to share Italian know-how, best practices and expertise in these areas with the Indian construction community, in order to explore, encourage and nurture opportunities for bilateral dialogue and collaboration.

At a juncture where Indian processes and systems are progressing in alignment with international standards, an understanding of the Italian experience and insights into the Italian expertise would be invaluable for decision-makers and thought-leaders in the construction industry in India.


To refer to the event schedule, please click on the Read More link below
To register, please email mumbai@ice.it

MONTHLY ECONOMIC REPORT - AUGUST 2016

NOV 2016- As per the estimates of Gross Domestic Product (GDP) for the first quarter (April-June) 2016-17, released by the Central Statistics Office (CSO) on August 31, 2016, the growth rate of GDP in Q1 of 2016-17 was 7.1 per cent as compared to the growth of 7.5 per cent in Q1 of 2015-16 and 7.9 per cent in Q4 of 2015-16.



FSSAI ISSUES NEW RULES FOR ENSURING QUALITY IMPORTS

JAN 2016- 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

JUNE 2015- 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



BUDGET PROPOSES NEW RS 8,000-CRORE DAIRY INDUSTRY FUND

FEB 2017- Arun Jaitley has said the fund, with an initial corpus of Rs 2,000 crore and to be quadrupled in three years, would be used to enable expansion of milk processing capacity in the country. The dairy industry is awaiting the fine print of the proposed Rs 8,000-crore Dairy Processing and Infrastructure Development Fund to be set up under the NABARD. In his Budget speech, FM Arun Jaitley has said the fund, with an initial corpus of Rs 2,000 crore and to be quadrupled in three years, would be used to enable expansion of milk processing capacity in the country.



GET READY FOR EATALY WORLD, ITALY'S $106 MILLION FOOD THEME PARK

November 2016- The forthcoming Italian food fantasyland serves up pasta, wine, workshops, rides—and adult-sized tricycles. When it opens its doors in October 2017, FICO Eataly World will be unlike anything the food arena has ever seen: As part of the sprawling, 20-acre complex in Bologna, Italy, there will be 108,000 square feet of orchards, pastures, and gardens; six rides; 40 workshops; and 25 restaurants and food stalls from which to pick your pizza, pasta, and polenta. Adding to the grown-up theme park vibe, there will be 500 adult-sized tricycles with shopping baskets, designed especially for the complex by celebrated Italian bike makers Bianchi.



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

SEPT 2016- 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

JULY 2016- 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.



GOVT. PLANS NATIONAL INVESTMENT GRID TO MAP BUSINESS OPPORTUNITIES ACROSS COUNTRY

FEB 2016- The idea is that this may encourage private investment, which has been a laggard. The proposed grid will have details of upcoming projects as well as those that are underway besides land available with the Centre, states, their agencies and public sector undertakings. "Such a grid will place investment opportunities in terms of projects upfront and make it easier for investors to access and explore," said an official of the Department of Industrial Policy & Promotion (DIPP), which is discussing the idea with states as part of the Invest India programme.



RAILWAYS WILL SOON INVITE BIDS FOR MORDERNISATION OF 400 STATIONS

JAN 2016- 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.



HR SERVICES

JAN 2016- 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.

In the event your Indian office seeks to hire Italian talent/knowledge partners or in case Italian companies seek to hire Indian personnel for their foreign offices we could assist with posting of the job listing under our 'Jobs & Intern-ships' section of our website. Furthermore, we offer to manage the complete recruitment process for you.

Companies may send their requests to mumbai@ice.it

The import of food products into India is controlled by the Food Safety and Standards Authority of India (FSSAI).

APRIL 2016- 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.