Italian Trade Commission India

Ogni mese avremo delle interviste, dei video-tutorial e guide pratiche relative ai principali settori di interesse per le imprese italiane in India e dei video-incontri con i principali imprenditori italiani in India ed indiani in Italia.

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COME APRIRE UNA SOCIETA’ IN INDIA

Parte Prima - le varie forme societarie

L' Avv. Santa Maria, in questo video tutorial, ci guida attraverso le varie forme societarie utilizzate dagli operatori esteri per entrare nel mercato indiano.

Upcoming Events in India

8 & 10 May
Mumbai & Ichalkaranji
ITALIAN TEXTILE TECHNOLOGY WORKSHOP IN INDIA
17-19 May
Mumbai
TRAFFICINFRA TECH 2012 - 2nd edition of TrafficInfraTech Expo

Upcoming Events in Italy

8-12 May
Milan
PLAST 2012 - Exhibition on Plastic & Rubber Industry

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GUIDA ALLA COSTITUZIONE DI UNA PVT. LTD. COMPANY (SRL)

MARCH 2012- In questa seconda parte del Video-Tutorial, l’avv Santa Maria ci guida attraverso i singoli step da intraprendere per la costituzione di una Private Limited Company, equivalente - piu’ o meno - alla nostra Societa’ a Responsabilita’ Limitata. Le procedure costitutive sono illustrate in sei semplici fasi, corredati di esempi, immagini e di moduli da compilare per arrivare in tempi brevi alla costituzione della forma societaria piu’ utilizzata in India da parte delle imprese straniere. Le procedure descritte sono sempre da farsi con l’assistenza di uno studio legale o di un commercialista indiano.

ITALIAN TEXTILE TECHNOLOGY WORKSHOP: Mumbai & Ichalkaranji

MAY 2012- In the frame of the project Machines Italia In India 2012, assigned to Federmacchine by the Italian Ministry of Economic Development, Infrastructure & Transportation, ACIMIT - the Association of Italian Textile Machinery Manufacturers in collaboration with CITI & TAI will be organising Italian Textile Technology Workshop in Mumbai & Ichalkaranji on 8 & 10 May 2012. Leading Italian manufacturers of textile machinery specializing in Weaving, Dyeing & Finishing Technologies will be present for the above event. For more information and to register please click on the Read More link below

PIAGGIO LAUNCHES THE ICONIC VESPA IN INDIA

APRIL 2012- Piaggio Vehicles Pvt. Ltd, the Indian arm of Italian scooter maker Piaggio and C SpA, will start selling its Vespa scooter in the Indian market from Friday 27th April 2012. Piaggio has priced the gearless Vespa LX 125 at Rs.66,661 (ex-showroom, Pune), hoping to create a niche, premium category in the 2.5 million-a-year scooter market in India. The scooter, to be positioned as a lifestyle product rather than a commuter’s choice, will be sold through exclusive showrooms across 35 cities. The Italian firm will form exclusive Vespa fan clubs in India.

Macro Economic Updates

INDIA LEAVES INTEREST RATE UNCHANGED: REPO RATE AT 8.50%

DEC 2011- India left its key interest rate unchanged as it has decided to put an end to its aggressive anti-inflationary efforts amid fears that it was in danger of choking off economic growth in Asia’s third-largest economy. The Reserve Bank of India (Indian central bank) left the repo rate – the rate at which the central bank lends to commercial banks – at 8.50 per cent during its quarterly policy review meeting, as it indicated that future measures would centre around stimulating growth at a time when the economy is rapidly cooling.

INDIA'S ECONOMIC GROWTH SLOWS DOWN TO 6.9% IN 2nd QUARTER

DEC 2011- The Indian economy has grown at its slowest pace in the second quarter of the financial year in more than two years as the central bank in the country follows a strict monetary tightening policy by keeping the interest rates high.The country's Gross domestic product rose 6.9 percent in the quarter, according to the latest data released by the Central Statistical Office. The growth is the slowest since the second quarter of 2009 but is largely in line with the economist expectations.

Rules & Regulations

100% FDI IN SINGLE BRAND RETAIL

JAN 2012- The Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India has...formally removed the restrictions on foreign investment in single-brand retail sector by allowing 100 per cent Foreign Direct Investments (FDI) in this sector. However, it has put on hold the proposal for allowing up to 51 per cent FDI in multi-brand retail.

FOREIGN INDIVIDUALS ALLOWED TO INVEST IN THE INDIAN STOCK MARKETS

JAN 2012- The government of India took a major policy decision to allow qualified foreign investors (QFIs) to directly invest in the Indian equity market. The step has been taken to widen the class of investors, attract more foreign funds, reduce market volatility and deepen the Indian capital market. There have been huge foreign capital outflows from the domestic equity market in recent months, which has resulted in volatility in the stock market and a sharp depreciation of the rupee vis-a-vis the dollar. With the further opening up of the stock market to a new class of foreign investors, the government hopes to attract more capital to stem the outflow.

News

PIAGGIO LAUNCHES THE ICONIC VESPA IN INDIA

ITALY'S LUXURY BRAND FRETTE ENTERS INDIA

MARCH 2012- Leading Italian luxury linen brand Frette has entered into the Indian market with the opening of its first store in Mumbai and is eyeing a revenue of $20 million from here in three years. The Milan-based company has entered through a franchise route. A revenue of $20 million in three years is a good number,according to Frette Worldwide sales director, home division, Riccardo Ronconi. The company has signed the licensing agreement with global company Elite Lifestyle for the franchise here.

Publications

DOSSIER INDIA - L’IMPRESA VERSO I MERCATI INTERNAZIONALI

Nel ribilanciamento degli equilibri internazionali che hanno caratterizzato l’ultimo decennio, l’India ha saputo gradualmente conquistarsi un ruolo di potenza mondiale e di interlocutore politico ormai imprescindibile, grazie soprattutto al suo crescente peso economico. Il mix che fa dell’India il paese con il secondo tasso di crescita al mondo si compone di alti tassi di risparmio e di investimento privato, una rapida crescita della forza lavoro, una forte domanda interna alimentata da una classe media in espansione, una costante crescita delle esportazioni, un surplus consolidato del conto capitale. Sono questi i fattori che hanno spinto il Governo indiano a fissare un obiettivo di crescita media complessiva del 9% del prodotto interno lordo nel documento preliminare del dodicesimo piano quinquennale 2012 2017.

INDIA EMPLOYMENT OUTLOOK AND SALARY GUIDE 2011/12

Kelly Services, India's leading staffing firm released its annual Employment Outlook and Salary Guide 2011-12, a comprehensive study on the employment conditions and salaries across key verticals basis current market value to provide organizations a critical tool for workforce planning. It provides salary trends across key verticals of Banking & Finance, Engineering, Media, FMCG, Information Technology, Procurement Supply Chain and Logistics, Real Estate, Sales and Marketing. To download a free copy of this publication either click on the header or the Read More link below

Business Opportunities

ZINC DIE-CASTING & PLATING COMPANY (ITALY) - AVAILABLE FOR ACQUISITION

SEPT 2011- An Italian company specializing in die-casting and plating is available for acquisition. The company has the machines like Die-Casting Machines, Hot Chamber Die-Casting, Fully Automated Electroplating and Rotary Tables For Machining. The company has been operating in the field of die-casting and galvanic treatments since the beginning of 1960, specializing in the production of articles for taps, bathroom fittings, windows and shutters, household implements, lighting and much more. All processes are carried out in-house and therefore subjected to constant and rigorous inspections that ensure their quality. For more information please contact at newdelhi@ice.it

GLOBAL INVITATION FOR APPOINTMENT OF CONSULTANTS FOR CONSULTANCY SERVICES FOR “MUMBAI TRANS HARBOUR LINK” (MTHL)

MAY 2011- Mumbai Metropolitan Region Development Authority (MMRDA) invites proposals from internationally reputed consultancy firms/ consortium of firms for techno-economic feasibility and complete transaction advisory services including bid process management forthe proposed Mumbai Trans Harbour Link (MTHL) project connecting Sewri in Island city of Greater Mumbai and Nhava on Main land in Mumbai Metropolitan Region (MMR), Maharashtra, India on suitable Public Private Partnership (PPP) basis. The project envisages a 22 km long sea link road bridge with provision for metro corridor with appropriate dispersal systems. The last date for the submission of proposals in 15/06/2011 at 15.00 hrs.

Jobs & Internships

DESIGN JOB OPENING A GOLMAAL DESIGN LAB

FEB 2012- Golmaal Design Lab is looking for a designer who is expected to dedicate self to create new lines, shapes, materials. It's a tough job which requires continuous research, regular updation of techniques and a design sense which enriches the scope and appeal of the collections. Factory in Bhiwani would support you always, where you would have to work with mock-ups & prototypes. Interested Candidates please contact at simrita@golmaalstores.com

THE CONSULATE OF ITALY IN KOLKATA LOOKING OUT FOR A “ASSISTENTE AMMINISTRAZIONE"

SEPT 2011- The Consulate of Italy in Kolkata is looking to hire an "assistente amministrativo" in their consular section. People interested in applying for the job shall be in possession - among other qualifications - of the following requirements: fluency in Italian (spoken and written) and should be legally resident in India for at least two years. The deadline for the application is October 8th. For more information please read the full announcement by clicking on the Read More link below or contact at consolatogenerale.calcutta@esteri.it

Masala (Culture & Music)

MAHINDRA RACING TEAM WINS THE ITALIAN 125GP RACE AT MUGELLO

MARCH 2012- Mahindra Racing Team and Riccardo Moretti got an amazing result at the Mugello Circuit today, by taking the victory in the Season opening race at the 125GP Italian Championship. It was also a good race for the Sarath Kumar, who unfortunately was forced to an early retirement due to a technical issue. Moretti started the race from the pole thanks to the outstanding performance displayed in the two qualifying sessions, while Kumar got off from the 8th row and the 22nd spot on the grid. It was the first week-end for the young Indian rider on the Italian track and also the crash suffered during the wet 2nd qualifying session didn't help, albeit it let to no injury.

1 – 29 JAN: INDIAN ART EXHIBITION "INDIAN HIGHWAY" AT MAXXI

JAN 2012- The exhibition is an itinerant collective show that, through a vast selection of works, presents the multiform panorama of the Contemporary Indian artistic scene. Indian Highway offers an exciting opportunity to learn about Indian artistic research and constitutes the first investigation by an Italian museum of the art of this fascinating country. The exhibition offers a vast representation of the creative panorama of one of Asia’s largest regions and reflects the economic, social and cultural developments of the past twenty years.

Made In Italy Resource Center

THE FASHION DICTIONARY - BY GUIDO VERGANI

This volume celebrates the creativity of many young fashion designers and the leading entrepreneurial spirits behind Italian design and fashion. In cooperation with the Chamber of Fashion, the Italian Trade Commission is working to capture the eye of the reader with an outstanding Fashion Dictionary featuring drawings and pencil sketches from world-renowned brands and designers. It gives a complete overview of the origins of fashion, reaching back to the history of various styles and examining the artistic currents that influenced them. Now available for borrowing at the Italian Trade Commission in Mumbai. For more information please contact at mumbai@ice.it

DESIGN IN ITALIA – BY PORZIA BERGAMASCO & VALENTINA CROCI

Ottagono and Giunti new design book, Design in Italia: L’esperienza del Quotidiano, written by Porzia Bergamasco and Valentina Croci, is a sprawling, comprehensive adventure through design in the Bel Paese. The particularly salient nature of Italian design’s creations and contributions are clear on a walk down any of the world’s high streets, or in a passing glance at any would-be sports car unable to ape the magic lines and proportions of a Ferrari. This book is, in any case, squarely focused on the more narrow sociological context of design as a primary shaper of Italian life, Italian habits and Italian identity. Now available for borrowing at the Italian Trade Commission in Mumbai. For more information please contact at mumbai@ice.it