CDP at the Italy-India Forum: projects and financial instruments to support businesses

CDP at the Italy-India Forum: projects and financial instruments to support businesses

Cassa Depositi e Prestiti is strengthening its commitment to fostering economic, industrial and commercial ties with India by participating in the Italy-India Business Forum for Economic Growth, organised by the Italian Ministry of Foreign Affairs and International Cooperation and held today in Brescia at the Santa Giulia Auditorium.

Opened by the Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani together with the Indian Minister of Commerce and Industry Piyush Goyal, the Forum brought together numerous Italian and Indian companies and institutions within the framework of the Export Action Plan. Among the speakers at the plenary session were CDP Chairman Giovanni Gorno Tempini and SIMEST Chief Executive Officer Regina Corradini D’Arienzo. The event in Brescia is part of a broader process of dialogue and cooperation, continuing the engagement initiated at the Italy-India Scientific and Technological Business Forum held in New Delhi last April.
 

The Chairman of CDP, Giovanni Gorno Tempini, commented that “Due to its geographical position and growing economic weight, India plays a central role in South Asian geopolitics and represents a solid, reliable partner for Europe and Italy. This is therefore an important collaboration capable of generating concrete opportunities for our businesses and contributing to the progress of both countries. As Italy’s National Promotional Institution, by mobilising resources from public postal savings and private investors Cassa Depositi e Prestiti promotes growth, employment, innovation and the competitiveness of enterprises Made in Italy, while also ensuring cooperation with Indian partners.”


During the Forum, topics for potential cooperation were explored in the fields of Industry 4.0, energy transition and circular economy, transport and space. A strategic focus was also placed on the area of venture capital and the importance of innovation as a driver for international expansion.

For Italy, the Indian market is one with a high potential for bilateral growth, and the country is also a strategic partner for the CDP Group with respect to sustainable industrial development and technological innovation.
 

“Our goal”, Gorno Tempini emphasised, “is to facilitate Italian companies’ access to a country that is no longer just a major emerging economy, but a pillar of the new global economic architecture, providing both financial support and the promotion of new business opportunities. It’s a strategy we implement both through export finance instruments, in collaboration with SIMEST and SACE for the purchase of Italian goods and services, and by offering medium- to long-term financing in support of the international expansion plans of Italian enterprises. Furthermore, through the Business Matching platform, CDP is able to offer advisory solutions to support and promote commercial relations with the Indian business ecosystem.”
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