What Opportunities Did Piyush Goyal Discuss with Leading Italian CEOs?
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Synopsis
Union Minister Piyush Goyal's meetings with top Italian CEOs reveal exciting possibilities for India’s innovation ecosystem. With discussions spanning technology, manufacturing, and sustainable solutions, this visit strengthens ties between India and Italy. Discover how these collaborations could reshape industries and drive economic growth.
Key Takeaways
- Piyush Goyal emphasized leveraging India’s innovation ecosystem.
- Meetings with major Italian CEOs highlight collaboration opportunities.
- Focus on sustainable solutions in various sectors.
- Strengthening India-Italy economic ties is a priority.
- Discussions are pivotal for enhancing foreign investment.
New Delhi, June 4 (NationPress) Union Commerce and Industry Minister Piyush Goyal had a productive meeting on Wednesday with numerous Italian CEOs, exploring avenues to tap into India's innovation ecosystem for long-term growth.
Goyal kicked off his two-day official visit to Italy following his engagements in France, which were aimed at bolstering India–France economic ties.
He connected with Michele Poggipolini, CEO of Poggipolini S.p.A., a tech firm specializing in engineering and manufacturing. They engaged in meaningful discussions surrounding technology, innovation, and manufacturing prospects for the company in India, especially considering the country's expanding role in global supply chains,” the Union Minister shared on X.
Goyal also met Daniele Forni, General Director of SOL Group, an Italian multinational that leads in technical and medical gases production. They talked about strategies for enhancing the group’s footprint in India across vital sectors.
“It was a pleasure to meet Tomaso Carraro, Vice Chairman of Carraro Group, a global player in axles and transmission systems with significant operations in India. We discussed Carraro India's steady growth and future investment strategies, as well as ways to enhance their manufacturing capabilities and leverage India’s innovation ecosystem for sustained progress,” Goyal added.
During his visit, he also met Marco Nocivelli, CEO of EPTA Group, who specializes in commercial refrigeration.
“Given India's swiftly growing retail and cold chain sectors, we deliberated on how EPTA can capitalize on this opportunity to contribute to sustainable refrigeration solutions in India,” Goyal stated.
Furthermore, Goyal connected with Stefano Toschi, CEO of Toschi Vignola Srl, a food and beverage firm, to explore potential investment opportunities and avenues for establishing a manufacturing facility in India.
“I had a fruitful meeting with Giorgio Girondi, Founder and Chairman of UFI Filters Group, which specializes in filtration technology and thermal management solutions. We discussed their expansion plans in India and their commitment to strengthening the 'Make In India' initiative for both domestic and international automotive and industrial markets,” Goyal remarked.
This segment of the visit underscores India’s dedication to enhancing strategic and economic relationships with key European partners and intensifying bilateral trade and investment collaboration with Italy, as highlighted in an official statement.
Point of View
The dialogue between Union Minister Piyush Goyal and prominent Italian business leaders is a significant step toward enhancing India's economic stature on the global stage. This initiative aligns with the nation's goals of fostering innovation, attracting foreign investment, and reinforcing strategic partnerships with key economic players in Europe.
NationPress
08/06/2025
Frequently Asked Questions
What was the purpose of Piyush Goyal's visit to Italy?
The visit aimed to strengthen economic ties between India and Italy by discussing opportunities for collaboration in technology, manufacturing, and other sectors.
Which Italian CEOs did Piyush Goyal meet?
Goyal met with several CEOs, including Michele Poggipolini, Daniele Forni, Tomaso Carraro, Marco Nocivelli, Stefano Toschi, and Giorgio Girondi.
What sectors were discussed for collaboration?
Discussions focused on technology, innovation, manufacturing, refrigeration solutions, and investment opportunities across various sectors.
How does this visit impact India's economic strategy?
It reinforces India's commitment to fostering foreign investments and enhancing strategic economic partnerships with European nations.
What is the significance of 'Make In India' in these discussions?
'Make In India' is crucial as it promotes domestic manufacturing while attracting international companies to invest and establish operations in India.
