ICC focuses on India-Italy bilateral commerce, appoints Vas Shenoy as its Chief Consultant in Italy

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In a bid to discover new alternatives and strengthen commerce relations between India and Italy, the Indian Chamber of Commerce (ICC) has appointed Vas Shenoy as its Chief Consultant for Italy.

The Chamber goals to prioritize Italy as a strategic nation for Indian firms, following the current consolidation of diplomatic ties between the Indian and Italian governments after visits of Italian Prime Minister Giorgia Meloni to India, an ICC assertion stated.

President of ICC Ameya Prabhu stated “As we strategically concentrate on elevating Italy inside our worldwide collaborations, the appointment of Vas Shenoy marks a pivotal step in fortifying our dedication to fostering strong enterprise ties. His wealth of expertise and experience align seamlessly with ICC’s imaginative and prescient for a flourishing partnership between India and Italy, promising modern progress and shared prosperity.”

Shenoy is an Italian entrepreneur of Indian origin with over twenty years of expertise working with numerous governments, non-public sectors and multilateral organizations in 30 international locations throughout the globe, Shenoy is named a ace geopolitical strategist and analyst.

Shenoy stated, “The strategic relationship between India and Italy has nice potential. ‘Made in Italy’ and ‘Make in India’ are synergistic visions, promising mutual advantages for these two nice nations. Indian Chamber of Commerce (ICC) and its management’s concentrate on Italy as a rising financial energy for India shall be extraordinarily necessary in selling bilateral enterprise relations to attain the visions of each Prime Ministers.”

“I hope to have the ability to assist ICC and its management’s efforts to maximise the potential of the India-Italy bilateral relationship,” Shenoy stated.”The strong financial ties between India and Italy are poised for additional progress and collaboration within the years to come back and this initiative of the ICC will ameliorate the capability of this relationship,” ICC assertion stated.Within the 12 months 2022, the bilateral commerce between India and Italy surged to Euro 14.88 billion whereas Indian exports to Italy witnessed a considerable progress marking outstanding progress. The international locations have upgraded their relationship to a strategic partnership in addition to signed a defence cooperation and manpower mobility agreements this 12 months. Other than conventional sectors of collaboration in equipment and vehicles, Defence, vogue and leisure are additionally foremost focus, reflecting a diversified financial collaboration.

Established in 1925 in erstwhile Calcutta, ICC has labored in the direction of fostering enterprise and driving financial progress in India for the previous 98 years. ICC has places of work at 11 places throughout the nation together with New Delhi, Mumbai, Hyderabad and Chennai.

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