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Key Points

Commerce Minister Piyush Goyal has embarked on a strategic two-day visit to Italy following his engagements in France. The trip focuses on strengthening bilateral economic ties through the India-Italy Joint Strategic Action Plan 2025-2029. Goyal will co-chair the 22nd Joint Commission for Economic Cooperation and lead a high-level business delegation to explore collaborative opportunities. The visit underscores India's commitment to deepening economic partnerships with key European nations through innovative and sustainable sector engagements.

Key Points: Piyush Goyal Launches India-Italy Economic Diplomacy in Rome

  • Goyal co-chairs 22nd India-Italy Joint Economic Commission
  • Explores collaboration in Industry 4.0 and sustainable sectors
  • Leads business delegation to Growth Forum in Brescia
  • Advances bilateral strategic action plan 2025-2029
2 min read

After packed France trip, Piyush Goyal commences visit to Italy

Commerce Minister Goyal advances bilateral ties with Italy, explores strategic economic collaboration and industrial partnerships

"The visit reflects the growing political will and converging economic aspirations between India and its European partners - Commerce Ministry Release"

New Delhi, June 4

Commerce Minister Piyush Goyal commenced his two-day visit to Italy on Wednesday following the conclusion of his engagements in France focused on advancing economic cooperation between the two countries.

During the visit, the Minister will co-chair the 22nd Session of the India-Italy Joint Commission for Economic Cooperation (JCEC) with Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy.

This engagement will take place in the context of a defining phase in India-Italy bilateral relations, following the launch of the India-Italy Joint Strategic Action Plan (JSAP) 2025-2029.

The JSAP, announced after the meeting between Prime Minister Narendra Modi and Prime Minister Giorgia Meloni on the sidelines of the G20 Summit in Rio de Janeiro in November 2024, is built on ten thematic pillars, with economic cooperation as a core area of focus.

The 22nd JCEC session in Rome will offer both sides an opportunity to assess progress and identify new avenues for collaboration in high-impact areas such as Industry 4.0, agritech, digitalization, energy transition, sustainable mobility, and the India-Middle East-Europe Economic Corridor (IMEC).

"These deliberations are expected to further strengthen bilateral economic connectivity and foster strategic industrial partnerships," a Commerce Ministry release said.

It said the Italy leg of the visit reaffirms India's commitment to enhancing strategic and economic ties with key European partners and deepening bilateral trade and investment collaboration with Italy.

Goyal will also lead a high-level Indian business delegation to the India-Italy Growth Forum in Brescia, a major industrial hub.

The Forum will bring together key enterprises and stakeholders from both countries to promote investment, build business-to-business linkages, and explore synergies in sectors aligned with innovation and sustainability.

"The visit reflects the growing political will and converging economic aspirations between India and its European partners. It aims to translate shared leadership vision into durable partnerships that drive inclusive growth, industrial transformation, and global economic resilience," the release added.

- ANI

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Reader Comments

R
Rajesh K.
Good to see our ministers working hard to strengthen economic ties with Europe. Italy has strong manufacturing capabilities that can complement India's growth in Industry 4.0. Hope this visit brings concrete results for Make in India! 🇮🇳
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Priya M.
While I appreciate the government's efforts, I hope these foreign trips translate into actual investments and job creation back home. Too often we see MOUs signed but little follow-through. The IMEC corridor sounds promising though!
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Amit S.
Italy is a great partner for India, especially in design and high-end manufacturing. Our textile and leather industries could learn a lot from their expertise. Hope Goyal ji focuses on skill development collaborations too.
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Sunita R.
The energy transition focus is crucial! India should learn from Italy's renewable energy models. But I hope our ministers also showcase our own successes like solar power growth. We're not just learners, we're innovators too ✨
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Vikram J.
After France and now Italy, our economic diplomacy is on full display. This is how India should engage with the world - as equals seeking win-win partnerships. The IMEC corridor could be a game changer for trade routes.
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Neha P.
I'm curious about the agritech collaborations mentioned. India and Italy both have strong agricultural traditions but very different scales. Could be interesting to see tech transfers that help our small farmers while respecting our diversity.

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