India-Italy Forge Maritime and Economic Ties
PORTS & SHIPPING

India-Italy Forge Maritime and Economic Ties

Italy and India are deepening their maritime partnership, focusing on trade, defence, and the blue economy as part of their Joint Action Plan, finalised at the recent G20 summit in Brazil. Italian policymakers, including Minister of Enterprise Adolfo Urso, a senator, and senior officials, visited New Delhi and Mumbai to advance these initiatives.

Central to this collaboration is the India-Middle East-Europe Economic Corridor (IMEEC), referred to as the "Cotton Route," which aims to connect Italian ports with Indian ports in the Western Indian Ocean. Italy envisions itself as India's gateway to Europe via this corridor.

Urso announced plans to establish a space cooperation office at the Italian consulate in Bangalore, highlighting Italy's interest in partnering with India on advanced nuclear power systems and critical minerals. Meetings with Indian Union ministers for commerce, coal, and space further emphasised Italy's commitment to expanding bilateral ties in strategic sectors.

Over the weekend, a conference on the "Blue and Space Economy" was held at Villaggio Italia in Mumbai, coinciding with the Vespucci World Tour. Italian Ambassador Antonio Bartoli, India's Minister of Ports Sarbananda Sonowal, and Urso inaugurated the event. Urso noted Italy’s legacy in space exploration, referencing its 1964 achievement with the San Marco-1 satellite, which made it the third nation to enter space after the Soviet Union and the US.

Francesco Talo, a senior diplomat and former adviser to Italian Prime Minister Giorgia Meloni, underscored the natural synergy between India and Italy as peninsular nations, advocating for enhanced trade routes and freedom of navigation. Plans include linking Indian ports with Trieste and Venice, with potential expansion to Slovenia and Croatia. The recent visits mark the fifth meeting between the Indian and Italian Prime Ministers in the past two years, signalling a robust and growing partnership between the two nations.

(ET)

Italy and India are deepening their maritime partnership, focusing on trade, defence, and the blue economy as part of their Joint Action Plan, finalised at the recent G20 summit in Brazil. Italian policymakers, including Minister of Enterprise Adolfo Urso, a senator, and senior officials, visited New Delhi and Mumbai to advance these initiatives. Central to this collaboration is the India-Middle East-Europe Economic Corridor (IMEEC), referred to as the Cotton Route, which aims to connect Italian ports with Indian ports in the Western Indian Ocean. Italy envisions itself as India's gateway to Europe via this corridor. Urso announced plans to establish a space cooperation office at the Italian consulate in Bangalore, highlighting Italy's interest in partnering with India on advanced nuclear power systems and critical minerals. Meetings with Indian Union ministers for commerce, coal, and space further emphasised Italy's commitment to expanding bilateral ties in strategic sectors. Over the weekend, a conference on the Blue and Space Economy was held at Villaggio Italia in Mumbai, coinciding with the Vespucci World Tour. Italian Ambassador Antonio Bartoli, India's Minister of Ports Sarbananda Sonowal, and Urso inaugurated the event. Urso noted Italy’s legacy in space exploration, referencing its 1964 achievement with the San Marco-1 satellite, which made it the third nation to enter space after the Soviet Union and the US. Francesco Talo, a senior diplomat and former adviser to Italian Prime Minister Giorgia Meloni, underscored the natural synergy between India and Italy as peninsular nations, advocating for enhanced trade routes and freedom of navigation. Plans include linking Indian ports with Trieste and Venice, with potential expansion to Slovenia and Croatia. The recent visits mark the fifth meeting between the Indian and Italian Prime Ministers in the past two years, signalling a robust and growing partnership between the two nations. (ET)

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?