ITALY

THE EXTRAORDINARY COMMONPLACE

ICE Newsletter
  • Sign up for the ICE newsletter today!

    Email Address :

  • PREVIOUS NEWSLETTERS

    Click here to go to the newsletter archive for past issues.

INDIAN DELEGATION AT VICENZAORO 2017: 20-25 January 2017, Vicenza

DEC 2016- The Italian Trade Agency, Mumbai is organizing a trade delegation for the upcoming jewellery machinery show VICENZAORO’ Jan 2017 edition. This event showcases products like precious stones and jewellery based products and services associated with this field etc. in the Gems & Jewelry, Lifestyle & Fashion industries. VICENZAORO rejuvenates the collective potential of the ‘Made in Italy’ strategy and the spirit of European savoir-faire. For centuries, the city of Vicenza and its surroundings have been synonymous with excellence in gold and jewellery. Vicenza today is an unrivalled international hub for the sector, hosting events and offering a multitude of services that cater for every aspect of the jewellery business.

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



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.



AN ITALIAN AFFAIR AT AMAZON FASHION WEEK

OCT 2016- Italian apparels, bags, umbrellas and shoes made a cut above statement here at the Amazon India Fashion Week (AIFW) Spring- Summer 2017. FDCI (Fashion Design Council Of India) collaborated with the Italian Trade Commission to have Italy as partner country for the 28th edition of the gala. Assocalzaturifici (Italian Footwear Manufacturers' Association) and Aimpes (Italian Leather goods Manufacturers' Association) showcased collection of leather goods from 41 leading Italian brands. Francesco Pensabene, Trade Commissioner to India, Embassy of Italy, New Delhi and Sunil Sethi, President of FDCI also inaugurated the Italian Pavillion and Aperitivo.



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.



ASSISTANT TRADE ANALYST FOR ITALIAN TRADE AGENCY NEW DELHI

OCT 2016- The Italian Trade Commission office in New Delhi (Trade Promotion Office of the Embassy of Italy) announces that a selection procedure is underway calling for employment of a local employee with a contract on a permanent basis for the purpose of "Margeting" with a designation of "Assistant Trade Analyst". For more details please click on the Read More link below



AVVISO DI ASSUNZIONE DI ASSISTENTE AMMINISTRATIVO NEL SETTORE CONSOLARE-VISTI

OCT 2016- The Italian Embassy, New Delhi is looking for an administrative assistant on contract in the consular visa area. For more information and application form please click on the Read More link below. Completed applications can be sent to the email address ambasciata.newdelhi@esteri.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.