13 December 2025: SIMEST, the CDP Group company supporting the international growth of Italian enterprises, 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 formalised during the Italy–India Business Forum in Mumbai, marking a significant step towards deepening bilateral economic engagement between the two nations.
The MoU was signed in the presence of Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, and India’s Minister of Commerce & Industry, Sh. Piyush Goyal, by Regina Corradini D’Arienzo, CEO, SIMEST, and Rajeev Singh, Director General, ICC.
This strategic partnership aims to strengthen collaboration between Italian and Indian businesses, accelerate cross-border investments, and foster new avenues for industrial and commercial cooperation. The agreement outlines a collaborative framework built around:
Promoting joint initiatives between Italian and Indian enterprises
Supporting bilateral investments, leveraging SIMEST’s dedicated financial instruments
Facilitating knowledge and information exchange, including insights into investment opportunities, M&A prospects, industrial projects, and emerging startups
Building a long-term, structured network connecting both business communities
Speaking at the signing ceremony, Regina Corradini D’Arienzo, CEO, SIMEST, 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, Director General, Indian Chamber of Commerce, 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.”
The agreement reinforces the shared vision of Italy and India to expand trade, investment, and industry partnerships, contributing to long-term economic growth and enhanced global competitiveness for businesses on both sides.
