AVNews24Desk
New Delhi: SIMEST, a CDP Group company supporting Italian companies’ international growth, has signed a landmark Memorandum of Understanding (MoU) with the Indian Chamber of Commerce (ICC), one of India’s oldest and most influential industry bodies. The agreement was signed during the Italy–India Business Forum in Mumbai, in the presence of Italy’s Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, and India’s Minister of Commerce & Industry, Sh. Piyush Goyal. Regina Corradini D’Arienzo, CEO of SIMEST, and Rajeev Singh, Director General of ICC, signed the MoU, marking a significant step toward stronger economic collaboration between Italy and India.
The partnership aims to promote joint initiatives, support bilateral investments through SIMEST’s financial instruments, facilitate knowledge and information exchange, and build a long-term network connecting Italian and Indian businesses.
Speaking at the signing ceremony, Regina Corradini D’Arienzo said, “The signing of this agreement with the Indian Chamber of Commerce confirms SIMEST’s clear commitment to supporting the investments of Italian companies in a key market for Made in Italy such as India, providing them with dedicated financial tools and specialised know how. The MoU forms part of the wider action of the Italian System led by the Foreign Ministry together with CDP SIMEST ICE and SACE, which supports the international expansion of our productive sector and expands opportunities for economic cooperation in countries offering the highest added value for Made in Italy and ICC is happy to partner.”
Rajeev Singh added, “India is one of the priority countries of the Foreign Ministry’s Export Action Plan, and SIMEST has taken concrete steps to consolidate commercial relations between the two nations. In addition to today’s agreement, in 2025 SIMEST opened an office in Delhi and launched a dedicated measure to promote Italian investments in the country.”
This MoU reinforces the shared vision of Italy and India to expand trade, investment, and industry partnerships for long-term growth and stronger global competitiveness.
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