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Still little Italy in India, but trade is booming

REPORT OF THE BNL RESEARCH SERVICE ON THE INDIAN ECONOMY - Our country is present in the sub-continent with 205 companies, for a total of over 24 employees - Investments are still scarce, but great growth is expected in the future, considering the boom in Italian sales in the first eight months of 2011 (+21,3%).

Still little Italy in India, but trade is booming

The thread that binds Rome to Mumbai is still fragile, but it is getting stronger. The latest report by the Bnl research service highlights how India, while still absorbing only 1% of Italian exports, may prove to be an increasingly important partner for our country in the coming years.

The trend has seen a real surge in recent months, considering that between January and August Italian sales towards India they are increased by 21,3% on an annual basis, against 16,5% of all non-EU countries. They are present in the Asian sub-continent 205 companies under Italian control, employing a total of 24.441 workers.

In any case, the margins for improvement are really wide: "The Italian presence in investments in India - underlines the Bank's report - is still very modest".

Attached is the complete text of the Bnl study dedicated to the Indian economy, edited by Simona Costagli.


Attachments: India, the sub-continent approaches China.pdf

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