India is one of the top five priority countries for the internationalisation of Italian businesses
4th largest trading partner in EU
10th most important destination for Indian exports
Popular destination for Indian weddings
2nd largest Indian diaspora in EU
Italy is 18th largest foreign investor in India
US$ 3.2 billion
FDI between April 2000 to September 2022
US$ 9.1 billion
Bilateral trade between April-November 2022.
180,000
Indians living in Italy
6th
largest manufacturing nation in the world
8th
largest economy in the world
Wealth
one of the largest pools of private wealth in the world
Automobiles
fashion, cuisine and lifestyle are leading industries
8%
of international tourists head for Italy
India's Exports and Imports to Italy
Source: Department of Commerce
S.No. | \Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
---|---|---|---|---|---|---|
1. | EXPORT | 5,593.42 | 4,970.81 | 4,735.74 | 8,180.76 | 8,691.43 |
2. | %Growth | -11.13 | -4.73 | 72.74 | 6.24 | |
3. | India’s Total Export | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 | 450,958.43 |
4. | %Growth | -5.06 | -6.88 | 44.62 | 6.86 | |
5. | %Share | 1.69 | 1.59 | 1.62 | 1.94 | 1.93 |
6. | IMPORT | 5,292.38 | 4,490.92 | 3,862.05 | 5,048.47 | 5,562.48 |
7. | %Growth | -15.14 | -14.00 | 30.72 | 10.18 | |
8. | India’s Total Import | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 | 714,042.45 |
9. | %Growth | -7.66 | -16.91 | 55.43 | 16.47 | |
10. | %Share | 1.03 | 0.95 | 0.98 | 0.82 | 0.78 |
11. | TOTAL TRADE | 10,885.80 | 9,461.74 | 8,597.79 | 13,229.22 | 14,253.91 |
12. | %Growth | -13.08 | -9.13 | 53.87 | 7.75 | |
13. | India’s Total Trade | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 | 1,165,000.88 |
14. | %Growth | -6.64 | -12.92 | 50.83 | 12.55 | |
15. | %Share | 1.29 | 1.20 | 1.25 | 1.28 | 1.22 |
16. | TRADE BALANCE | 301.04 | 479.89 | 873.69 | 3,132.29 | 3,128.95 |
17. | India’s Trade Balance | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 | -263,084.03 |
Note:Since 2006-07, Petroleum figures are being computed from Import Daily trade Returns (DTRs) to genetate country-wise/port-wise tables. Up to 2005-06 consolidated petroleum import figures were being received from the Petroleum Ministry.
+39-06-59921; +39-800-98-9800
+39-06-488-4642/43/44/45
Second Secretary (Commerce, Science & Technology)
OTHER JUICES (200989)
agriexchange.apeda.gov.inBeer made from malt (220300)
Liqueurs & cordials (220870)
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
Rum & tafia (220840)
Sparkling wine of fresh grapes (220410)
Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
Whiskies (220830)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)
Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
Carcasses/half-carcasses of lamb, fresh/chilled (020410)
Carcasses/half-carcasses of swine, fresh/chilled (020311)
Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
Guts, bladders & stomachs of animals (other than fish), whole & pieces ther … (050400)
Hams, shoulders & cuts thereof , fresh/chilled, bone-in (020312)
Meat of bovine animals, fresh/chilled (excl. of 0201.10), bone-in (020120)
Meat of bovine animals, fresh/chilled, boneless (020130)
Meat of bovine animals, frozen, boneless (020230)
MEAT OF HORSES, ASSES, MULES OR HINNIES, FRESH, CHILLED OR FROZEN (020500)
Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), fresh/chilled (020319)
Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
Meat of swine (excl. hams/shoulders & cuts thereof & bellies (streaky) & cu … (021019)
Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)
Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in ch.19, whethe … (190590)
Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
Sweet biscuits (190531)
Maize (corn), other than seed (100590)
Maize (corn), seed (100510)
Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
Malt, not roasted (110710)
OTHER BARLEY EXCL SEED (100390)
OTHER DURUM WHEAT EXCL SEED (100119)
OTHER WHEAT AND MESLIN (100199)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
WHEAT AND MESLIN SEED EXCL. DURUM WHEAT (100191)
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)
agriexchange.apeda.gov.inChocolate & oth. food preps. cont. cocoa (excl. of 1803.10-1806.10), in blo … (180620)
Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180631)
Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180632)
Cocoa beans, whole/broken, raw/roasted (180100)
Cocoa butter, fat & oil (180400)
Cocoa paste, not defatted (180310)
Cocoa powder, not cont. added sugar/oth. sweetening matter (180500)
Butter (040510)
Buttermilk/curdled milk & cream/kephir & oth. fermented/acidified milk & cr … (040390)
Cheese (excl. of 0406.10-0406.40) (040690)
Fats & oils derived from milk, other than butter & dairy spreads (040590)
Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
Ice cream & oth. edible ice, whether or not cont. cocoa (210500)
Milk & cream, not concentrated/sweetened, fat content by wt. >1% but not >6 … (040120)
Milk & cream, not concentrated/sweetened, fat content by wt. not >1% (040110)
MILK AND CREAM, NT CONCENTRATED NOR CONTAIN ADDED SUGAR/ OTHER SWEETENING MATTER OF A FAT CONTENT, BY WEIGHT, > 10% (040150)
Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)
Milk prods. of nat. milk constituents, whether or not sweetened, n.e.s. (040490)
Processed cheese, not grated/powdered (040630)
Yogurt (040310)
Waffles & wafers (190532)
agriexchange.apeda.gov.inROSES (060311)
agriexchange.apeda.gov.inFood preps., n.e.s. (210690)
Mixes & doughs for the preparation of bakers’ wares of 19.05 (190120)
Natural honey (040900)
Preparations for infant use, put up for RS (190110)
Preparations of fruit (excl. citrus fruit; excl. homogenized), obt. by cook … (200799)
Prepared foods obt. by the swelling/roasting of cereals/cereal prods. (190410)
Prepared/presvd. preps. of fowls of the genus Gallus domesticus (excl. homo … (160232)
Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
Whey & modified whey, whether or not concentrated/sweetened (040410)
Bananas frsh or dried (080390)
Fresh fruit, n.e.s. (081090)
Fruit & nuts, n.e.s., uncooked/cooked by steaming/boiling in water, frozen, … (081190)
Fruits of the genera Capsicum/Pimenta, fresh/chilled (070960)
Garlic, fresh/chilled (070320)
Grapes, fresh (080610)
Kiwifruit, fresh (081050)
Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
Mushrooms other than of the genus Agaricus, fresh/chilled (070959)
Olives, presvd./presvd. othw. than by vinegar/acetic acid, not frozen, othe … (200570)
Oranges, fresh/dried (080510)
OTHER CANE SUGAR: (170114)
Peaches, incl. nectarines, fresh (080930)
Pears- fresh (080830)
Pineapples, fresh/dried (080430)
Potatoes other than seed potatoes, fresh/chilled (070190)
Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, not frozen, oth … (200520)
Strawberries, fresh (081010)
Tomatoes, fresh/chilled (070200)
Tomatoes, prepd./presvd. othw. than by vinegar/acetic acid, other than whol … (200290)
Vegetable seeds, of a kind used for sowing (120991)
Vegetables, n.e.s., uncooked/cooked by steaming/boiling in water, frozen (071080)
Dried vegetables, n.e.s.; mixts. of dried vegetables, whole/cut/sliced/brok … (071290)
Kidney beans, incl. white pea beans (Phaseolus vulgaris), dried, shelled, w … (071333)
Lentils, dried, shelled, whether or not skinned/split (071340)
agriexchange.apeda.gov.inCrustacean – Frozen, shrimps and prawns, excluding cold water varieties, in shell or not, smoked, cooked or notbefor or during smoking, in shell, cooked bt steaming or boiling in water
Fish – Fresh or chilled, atlantic salmon (Salmon Salar) and danube salmon (Huncho Huncho) Excluding fillet, livers, roes and other fish meat
Fish preparation – tunas, skipjack and atlantic bonito (sarda spp.) prepared or preserved, whole or in pieces (but not minced)
Molluses – Cuttle fish and squid, whether in shell or not, frozen, dried, salted, in brine or smoked, cooked or not before or during the smoking process
Molluses – Octopus (Octopus spp.) frozen, dried, salted, in brine or smoked, cooked or not before or during the smoking process
GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN-IN SHELL (120241)
Hazelnuts/filberts (Corylus spp.), shelled (080222)
Nuts (excl. ground-nuts), incl. mixts., prepd./presvd., whether or not cont … (200819)
Nuts, n.e.s., fresh/dried, whether or not shelled/peeled (080290)
Walnuts, in shell (080231)
Walnuts, shelled (080232)
OTHER (060319)
agriexchange.apeda.gov.inHusked (brown) rice (100620)
agriexchange.apeda.gov.in*Information subject to changes amid the global COVID-19 pandemic.
Italy has the eighth largest economy in the world, but it was hit hard by the global financial crisis. Since the Jobs Act was introduced in March 2015, the Italian labour market has evolved considerably.The economy is heavily service-based, with tertiary sector making up around 75% of its GDP. Italy’s main recruiting sectors are engineering, technical, catering, teaching, administration, information and communication technology, management, accounting, customer care, and tourism.
A no of Indian immigrants are coming on short term work contracts for seasonal work in agriculture.
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Ministry of Economy and FinanceElectrotechnology engineers
Italy faces a huge shortage in STEM related occupations. Due to large heterogeneity of the quality of engineering study programmes across different universities – only graduates from universities offering the best programmes easily find employment
General website of Italian Home Ministry regarding information on immigrationMathematicians, actuaries and statisticians are highly in demand not only for developing ICT systems but also for “big data” analysis. These jobs are listed in Italy’s shortage occupations list.
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Ministry of Economy and FinanceDoctors, nurses and childcare care workers
Expected to increase at approx. 2% per year. The reasons are ageing of the population and a massive staff turnover due to the age structure of the workforce.
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Health MinistryIn ICT professions, the shortage of STEM specialists is a well-known problem
General website of Italian Home Ministry regarding information on immigrationItaly’s manufacturing sector – associated with the production of niche and luxury products – still makes up a considerable share of its economy, particularly in the north and centre of the country.
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Ministry of Ministry of Economic DevelopmentNeed for tech-savvy marketing sales and public relations professionals
Development of new technologies and new communication tools has brought a drastic change in several occupations
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Ministry of Cultural Heritage and Activities, TourismPrimary and secondary school teachers,early childhood teachers and other teaching professionals
A strong demand for teachers at various levels due to retirements expected to continue for next few years. Expected staff turnover in education sector will be approximately 20% in the next 5 years.
General website of Italian Home Ministry regarding information on immigrationOfficial website of Italian Ministry of Education, University and ResearchHere are the leading sectors of opportunities for foreign investors
Tata - Automobiles
Wipro - Technology
Larsen & Tubro - Infrastructure
Ranbaxy - Pharmaceuticals
Raymonds - Textiles
Alitalia - Airlines
Piaggio- Vehicles
Rayban Sun - Optics
Zuari - Cement
ST Microelectronics - Semiconductor solutions for Smart Driving
FIAT Auto- Automobiles
Heinz Italia - Packaged Foods
Italcementi - Cement
India and Italy formalised a landmark four-year joint strategic action …
Read MorePrime Minister Narendra Modi’s participation in the G20 Summit in …
Read MorePrime Minister Narendra Modi and French President Emmanuel Macron agreed …
Read More