April 29, 2017 5:32 AM

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Italy keen to improve ties,eyes 8.5 bn euro bilateral trade

Italy's deputy minister for economic development Ivan Scalfarotto has said that his country is keen to support the 'Make in India' initiative and hopes to take bilateral trade to nearly 8.5 billion euros by 2018. <br/><br/>Addressing the India-Italy Investment Forum in Mumbai on Friday, Mr. Scalfarotto said India presents huge business opportunities in the fields of infrastructure, manufacturing, IT and clean energy. <br/><br/>When asked if there has been an improvement in ease of doing business the minister said government's policy on single taxation under GST, emphasis on creating infrastructure, among others are positive signals. <br/><br/>Addressing the investor forum, Maharashtra Chief Minister Devendra Fadnavis assured the minister that his administration will provide all necessary assistance and infrastructure to facilitate Italian companies to set up businesses in the state.

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