| | OCTOBER 202342023 has been a crucial year for the bilateral ties between India and Italy. In March, the two countries came together to end the stalemate in the bilateral relationship in the last few years. Indian Foreign Secretary Vinay M. Kwatra described the cause of this stalemate as `legacy issues' which, according to the authorities, is now behind. The two countries' prime ministers, Giorgia Meloni, and Narendra Modi, announced the elevation of the bilateral relationship to the level of strategic partnership while concluding a Memorandum of Understanding (MoU) on defense cooperation.Gracing the occasion, PM Modi said, "Today, we are announcing the establishment of a `Startup Bridge' between India and Italy. Another important area of our cooperation is defense. We have also decided to organize joint military exercises and training courses regularly." The cooperation will stress cybersecurity and the sea as specific strategic areas. Both leaders also talked about taking the increasing bilateral trade, which reached an all-time high of $15 billion last year, to future destinations. India's successful G20 presidency paved the way for further developing the relationship between the two countries. Last week, India and Italy entered into a new agreement to promote cooperation in defense, security, maritime domain awareness, R&D, information-sharing, and industrial collaboration, including co-development, co-production, and setting up joint ventures for military systems. This can be directly interpreted as a lot of opportunities for the business leaders and aspirant entrepreneurs in both these countries. This yearly special issue is an endeavor to shed more light on India-Italy business relationships.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comAn Ever-Improving Relationship EditorialVol 04 · Issue 5 - 1 · OCTOBER, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Senior Designer Girisha M Visualizers Antony Arnold F Hari Shankar P NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersAbhay Katiyar To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Tejaswini P Roopalatha H Hima P. M.
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