CCI allows India Resurgence Fund to pick up equity in Digvijay Cement (See 'Corp Brief') CCI okays merger of ADES International Cayman, with and into Shelf Drilling (See 'Corp Brief') IBC - Assignment of loan by lender/bank to new entity does not necessarily require express consent of borrower, but knowledge by borrower would suffice: HC (See 'Legal Desk') Govt introduces new modalities under PMFBY to strengthen farmer protection (See 'Corp Brief') Second regional meeting of Urban Development Ministers held in Hyderabad (See 'Corp Brief') Trade Marks Act - New trade mark be struck off where it seeks to bank on existing goodwill accumulated by original trade mark & where original mark's owner has superior right over trade mark: HC (See 'Legal Desk') Reddy to inaugurate GSI's International Seminar in Jaipur (See 'Corp Brief') Joshi highlights role of technology in strengthening PDS and reaching the poorest (See 'Corp Brief') SAFEMA: If relative or associate of convict/detenue establish that property is not acquired with monies or assets provided by detenu, then properties of relatives/associates cannot be forfeited even if illegally acquired: SAFEMA (See 'Legal Desk') Mandaviya inaugurates EPFO's first-ever Modernised Digital Pavilion at IITF 2025 (See 'Corp Brief') NHAI takes Initiative to Publish Updates for Underbidding Projects on Website (See 'Corp Brief') India, Russia hold High-Level Interagency Consultations in New Delhi (See 'Corp Brief') Gati Shakti Vishwavidyalaya, DRDO sign MoU to develop Smart Tech Solutions (See 'Corp Brief') Misc - Legal heirs who are guilty of misconduct disentitles them to seek indulgence of Court to condone delay: HC (See 'Legal Desk') India unveils ARKA-GKT1, First Generation Energy-Efficient Edge Silicon Chip (See 'Corp Brief') MSME, KVIC, COIR and NSSH Pavilions inaugurated at Trade Fair (See 'Corp Brief') India highlights Rapid Telecom Transformation; Urges Collaborative Cybersecure Future (See 'Corp Brief') 5 institutes of Ministry of Earth Sciences brought under single umbrella (See 'Corp Brief') From Markets to Monuments: Advancing Clean Toilets and Hygienic Spaces (See 'Corp Brief') Capital Market - Fact that transactions in particular contract were reversed with same counterparty for same quantity of units, indicates prior meeting of minds with view to execute reversal trades at pre-determined price: SEBI (See 'Legal Desk') Puri visits Hanwha Ocean's shipbuilding facility in South Korea (See 'Corp Brief') IPR - Mere fact that any mark consists of numbers does not, in itself, make it unregistrable: HC (See 'Legal Desk') IndiaAI Zone unveiled showcasing India's Journey from Action to Impact (See 'Corp Brief') IPR - Counterfeiting not only harms brand reputation but also misleads consumers, making strict legal action necessary to deter such unlawful practices: HC (See 'Legal Desk') Puri holds Shipbuilding Meetings to boost India's Maritime Vision (See 'Corp Brief') Company Law - Company can prosecute any of its officers and when any officer of Company is to be prosecuted, then Section 439 of Companies Act would not be applicable: HC (See 'Legal Desk') AAI showcases future of Aviation at 44th India International Trade Fair 2025 (See 'Corp Brief') IPR - Mere identity or similarity of mark, of which registration is sought, and earlier mark, is not sufficient as ground to reject registration application: HC (See 'Legal Desk') India-Canada Ministerial Dialogue on Trade and Investment concludes (See 'Corp Brief') Misc - Remedy for recovery of money instituted under Article 226 of Constitution of India is not intended to enable claimant to recover monies, recovery of which by suit is barred by limitation: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

Print

Innovation, AI & defence are key areas for partnerships between India-Italy: Dy PM, Italy

Published: Apr 12, 2025

By TIOLCorplaws News Service

NEW DELHI, APR 12, 2025: DEPUTY Prime Minister and Minister of Foreign Affairs & International Cooperation of Italy, Antonio Tajani yesterday while addressing the 'Italy-India Business, Science and Technology Forum' said that this forum is part of the strategic partnership plan signed by both the governments. "India is an important country for stability in the Indo-Pacific region. Stability is crucial to strengthen the trade," he emphasized.

Addressing the forum, the Deputy Prime Minister stated that India is an economy with enormous potential, and we want to strengthen this cooperation. "Italy and India are natural economic partners. Together we want to strengthen our cooperation for a partnership that looks at the future through higher education, innovation and research. Today, Italy and India are closer than ever. Our bilateral trade is over USD 14 billion, and we want to invest more in India, export more to India, and attract more Indian investments in Italy," he added.

Innovation, AI, super computers, space technology, defence are a few sectors which have potential for joint partnerships and both countries should work to attract investments in these areas, he highlighted.

Union Minister of Commerce & Industry, Piyush Goyal said there is further scope for expansion in the bilateral trade between India and Italy if we work seamless with each other, encourage investments, promote businesses without roadblocks.

Goyal further stated that Indian economy is slated to grow from USD4 trillion to USD30-35 trillion by 2047, our goal of Viksit Bharat makes India a compelled case to deepen the engagement between the European Union and India, particularly Italy and India. There are untapped newer areas like fashion, luxury goods, food processing, pharmaceuticals, tourism, green technology, advanced manufacturing, automobiles," he emphasized.

Goyal added that amidst all the global challenges that the world is experiencing, it is very reassuring to see the strength and depth of the Italy-India friendship. "This forum is a very timely platform and a good opportunity for all of us to collectively resolve to implement the Joint Strategic Action plan 2025-29 launched by Prime Minister Narendra Modi and Prime Minister Giorgia Meloni in November of 2024. It is a very forward-looking, ambitious and pragmatic roadmap with a strong focus on trade, investment, innovation," he added.

Union Minister of External Affairs, Dr S Jaishankar said that the direction of India's progress and capabilities of Italian industry make for a good combination. "Make In India, today offers a platform or pathway for that collaboration to unfold," he added.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.