India is a growing and stable market for Italy
India is a great and stable market for Italy. Italian Trade Commissioner Francesco Pensabene expects increased growth in the Indo -Italian trade and wants to promote Italian companies to invest more in India. Francesco Pensabene promoted the Italian market while announcing a two-year campaign, “Italy: The Extraordinary Commonplace” here in India. The event was to promote Europe’s country’s best food, fashion and design. He said, Italy is not only famous for pizza and sunshine but is also a well-known country in terms of investments. Italy is the second largest manufacturer in Europe after Germany”. Voicing his views on the Indian market Francesco Pensabene, stated “Italy believes the Indian market is stable and the Indian growth rate is impressive and as a result is attracting Italian companies to invest”. Since he personally believed in India he was also promoting Italian companies to deal or invest in the country. Richard Verma, US Ambassador to India referring to the row of JNU, which is now foremost in the minds of every Indian remarked that, “diversity of thought and speech was one of India’s great hallmarks which will propel it forward in the next century”. Remarking on the Jat stir that projected a bleak image of India in the world market Francesco said “India is a stable market and it does not have to prove anything as we believe the Indian market”. The Italian campaign is a bid by the country’s businessmen to highlight each and every sector, help support Italian lifestyle and businesses in India, find new business opportunities for their firms. Italy has strong trading ties with India and looks at it as an investment haven.
March 09, 2016 | 05:00pm IST
to success.