Italian companies invested $6.5 billion in India: Lorenzo Tavazzi

Mumbai, 30 November (IANS). Lorenzo Tavazzi, Senior Partner, ‘The European House Ambrosetti’ (TEHA) Group recently informed that Italian companies have invested US $ 6.5 billion in India. This shows the importance of the world’s fastest growing major economy. He emphasized that there are immense opportunities for development in India.

Speaking at a panel discussion after the inauguration of the Villagio Italia exhibition in Mumbai on Friday, Tawaji said Italy can help India with its energy transition and transport with its expertise in sustainable technology and high-speed rail.

Alessandro Giuliani of SDA Bocconi Asia Centre, a Mumbai-based management education institute, said that Italy and India focus on the use of spices in food. If Indian students go to Italy for higher education, they should feel at home. The education-focused company has been training Indian students for the last 10 years and is being selected by Italian companies.

He said that educational relations are very important for bilateral relations. India is strong in hard skills, but the country needs further development in soft skills.

Apart from this, veteran global investor Jim Rogers has also expressed his desire to invest again in India in the future. Recently, during a conversation with IANS, Jim Rogers praised the policies of Prime Minister Narendra Modi. He said that after many decades, India is taking right economic decisions.

Rogers said that in the last few years, there have been major changes in the economy and stock market under the leadership of Prime Minister Modi. India is moving rapidly towards becoming developed by 2047 and hence they would like to invest here again.

–IANS

SKT/AKJ

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