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Italy-India Trade Growing

In 2017, the Indo-Italian trade increased by 18.76 per cent compared with the previous year. While Italian exports to India increased 12.54 per cent, imports from India swelled 24.05 per cent. Furthermore, during the first quarter of 2018, Indian imports from Italy increased 19.5 per cent, whereas Italian imports from India increased 6.8 per cent. The total trade between India and Italy for the first three months of 2018 stood at 2.42 billion euros against 2.17 billion euros in 2017. There are more than 400 Italian companies present in India. Major locations of presence include city-clusters of Delhi-Gurgaon-Noi­da, Mumbai-Pune, Chennai and Bangalore. In addition to this, Italian companies are also exploring new locations for Italian plants in India such as Gujarat and Rajasthan.