<p>The delegation during its three-day visit, starting January 31, will have several business meetings and high-level interactions in Rome and Milan, industry body Ficci Secretary General Amit Mitra said in a statement.<br /><br />"The visit to Italy has come at a time when the EU seeks to reconfigure its business focus to emerging markets and economic powerhouses like India, with an aim to forge a win-win partnership," he said.<br /><br />At present, Indo-Italian bilateral trade is estimated to be over five billion euros for January-September period of 2010. While Italian foreign direct investment (FDI) accounts less than one per cent of India's total FDI flow of USD 920.15 million in last 10 years.<br /><br />According to Ficci, trade ties between the two countries are still underperforming considering India's booming economy and demand.<br /><br />The purpose of the visit is not only to expand bilateral trade and investment, but also achieve "quality partnership" that is potentially possible, Mitra said.<br /><br />The Ficci delegation will comprise top CEOs from various sectors, including telecom, hospitality, tourism, fashion and aviation, the industry body said.<br /><br />During the visit, the emphasis will be on business cooperation in sectors like chemicals, engineering, food processing, textile and product designing.</p>
<p>The delegation during its three-day visit, starting January 31, will have several business meetings and high-level interactions in Rome and Milan, industry body Ficci Secretary General Amit Mitra said in a statement.<br /><br />"The visit to Italy has come at a time when the EU seeks to reconfigure its business focus to emerging markets and economic powerhouses like India, with an aim to forge a win-win partnership," he said.<br /><br />At present, Indo-Italian bilateral trade is estimated to be over five billion euros for January-September period of 2010. While Italian foreign direct investment (FDI) accounts less than one per cent of India's total FDI flow of USD 920.15 million in last 10 years.<br /><br />According to Ficci, trade ties between the two countries are still underperforming considering India's booming economy and demand.<br /><br />The purpose of the visit is not only to expand bilateral trade and investment, but also achieve "quality partnership" that is potentially possible, Mitra said.<br /><br />The Ficci delegation will comprise top CEOs from various sectors, including telecom, hospitality, tourism, fashion and aviation, the industry body said.<br /><br />During the visit, the emphasis will be on business cooperation in sectors like chemicals, engineering, food processing, textile and product designing.</p>