Italy's Tajani: India a 'priority' for economic ties, new €500M investment line

• Italian Deputy PM Antonio Tajani calls India a "long-trusted friend" and "priority," aiming to boost economic ties.
• Italy seeks to enhance industrial collaborations, joint ventures, and co-development projects with India.
• The Italian foreign ministry launched a €500 million financing line to support Italian companies entering the Indian market.
• Italy's export credit agency increased its exposure to India by €200 million, adding to over €2 billion in existing guarantees.
• Italy fully supports the India-EU free trade agreement and aims to increase bilateral trade, currently around €14 billion.

Why It Matters: Italy boosts economic ties with India, signaling new investments and trade opportunities.