Goyal held discussions with top Italian businessmen that marked a significant step forward in deepening economic ties between the two nations, with Italian industry leaders expressing strong interest in expanding their presence in India’s rapidly growing market

The meeting brought together top executives from key Italian industrial sectors, including commercial refrigeration, aerospace and defence, and technical gases, all of whom expressed a strong commitment to expanding their operations in Indian market

During the meeting with the Union Commerce Minister of India, Italian automotive components manufacturer Carraro Group announced ambitious expansion plans for India, committing to invest €350 million over the next five to seven years—nearly doubling its current investment base in the country

The Union Minister also met with Laura Tarquinio, CEO of iMoon, a leading international player in commercial lighting, along with her team, during the visit to Italy

With detailed investment plans expected soon, the partnerships are set to mark a major boost in Italy-India economic ties