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Upcoming Events India

Sep
4
Tue
11:27 am EU Circular Economy Mission to I...
EU Circular Economy Mission to I...
Sep 4 @ 11:27 am – Sep 7 @ 12:27 pm
4th SEP 2018: In Delhi, there will be a delegation of companies coming from the EU from industries related to the concept of the circular economy namely: Waste, Water, Renewable Energy (solar and biomass),  Mobility (e-vehicles),[...]

Upcoming Events Italy

May
29
Tue
10:16 am IPACK IMA
IPACK IMA
May 29 @ 10:16 am – Jun 1 @ 11:16 am
Ipack-ima is the fair specializing in food and non-food processing and packaging. Technology innovation and internationality are the watchwords for the 2018 edition, which benefits from new strategic partnerships (Fiera Milano – UCIMA) as well as specific development and promotional plans. The 24th edition of[...]

IPACK-IMA 2018

 

 

29th MAY 2018: Ipack-ima is the fair specializing in food and non-food processing and packaging. Technology innovation and internationality are the watchwords for the 2018 edition, which benefits from new strategic partnerships (Fiera Milano – UCIMA) as well as specific development and promotional plans.

 

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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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EU Circular Economy Mission to India September 2018

4th SEP 2018: In Delhi, there will be a delegation of companies coming from the EU from industries related to the concept of the circular economy namely: Waste, Water, Renewable Energy (solar and biomass),  Mobility (e-vehicles), Construction and Textiles. This summit will look to perpetuate and accentuate the transformation of India, towards a circular economy with higher ratings for sustainability as well as ensuring the well being of the environment for the future.  ITA looks forward to a strong participation from Italian companies, many of which are leaders in their fields within the EU and internationally. ATTENTION: Registrations close on 15 June

To Register yourself , click through on the resources link below and email us at mumbai@ice.it after registering. Also view the official EU circular here.

Resources >

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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MONTHLY ECONOMIC REPORT

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

The growth in GVA at constant basic prices for the year 2017-18 is estimated to be 6.4 per cent. At the sectoral level, agriculture, industry and services sectors are estimated to grow 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

INDUSTRY 4.0 AND INDIA

Apr 2018 – The world is on the brink of a new, all-encompassing revolution moving at exponential speed. We are witnessing the emergence of innovative technological trends such as artificial intelligence, the internet of things, robotics, 3D printing, nanotechnology, and others with applications as diverse as the technologies themselves. The combination of these technological breakthroughs is the Fourth Industrial Revolution. Each revolution brings systemic implications and this one is no different. What is different is the extensiveness of its scope and the vitality of its impact on our existing interaction, distribution, production and consumption systems – and even on our identities.

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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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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

MOBILITY INDUSTRY INDIA’S NEXT BIG OPPURTUNITY

India’s share of world income in the 1700 was around 35 per cent. In 1750s, India’s share of world income stood at 22.6 per cent, almost equal to 23.3 per cent of Europe’s share post the Mughal era. With the British rule, India’s share of world Income dropped to as low as 3.8 per cent. And today it stands at around 4.5 per cent.

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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.