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NEWSLETTER #30
 
DESIGN WEEK AT SALONE INTERNAZIONALE DEL MOBILE
Global Benchmark for the Home Furnishing Sector: 8-13 April, Milan  

#The Salone Internazionale del Mobile is the global benchmark for the home furnishing sector; an invaluable tool for the industry as well as an extraordinary promotional vehicle. The Salone made its first appearance in 1961, designed to promote Italian furniture and furnishing accessories on the export market, and it has continued to do so, with half of all its visitors coming from around the world. Its 51st edition will showcase thousands of high quality products destined for the global market. The myriad proposals from the about 2,500 exhibitors will all bear the distinguishing hallmarks of quality and innovation that have earned Milan its place as the capital of furnishing.

For more information please click here

 
 
 
INDIAN DELEGATION TO VICENZAORO SPRING 2014: 10-13 MAY, VICENZA   INDIAN DELEGATION TO XYLE EXPO 2014:
13-17 MAY, MILAN

# The Italian Trade Agency (ICE) Mumbai is organising a delegation from India to participate in the Spring edition of Vicenzaoro 2014 in Vicenza, Italy. Vicenzaoro is a unique and stellar event bringing together the industrial expertise and creative flair of the jewelry sectors in a harmony of ideas and knowhow on the inner working details of their profession. The event focus greatly on the evolving trends and changing patterns which the industry needs to stay updated with. While professionals and business men look to enhance their professional networking, they also display all their latest products and services to potential clientele.

To know more please contact at mumbai@ice.it

For more information on the event please click here



#Italian Trade Agency - (ICE) Mumbai is organising a delegation from India to participate in the upcoming Xylexpo 2014 in Milan, Italy. Xylexpo is the only exhibition that features such an exhaustive view of all the latest products. For five days, thousands of skilled professionals from all over the world will come to see the best woodworking technologies first hand, as well as the best materials and components for furniture manufacturing. The exhibition is an ideal place to catch up with old customers, to meet new ones, to build partnerships and to size up the international competition.


To know more please contact at mumbai@ice.it

For more information on the event please click here

 

 
 
MACRO ECONOMIC UPDATES
 
RBI KEEPS REPO RATE UNCHANGED AT 8%
 
#Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday kept the key policy rate (repo) unchanged since retail inflation still remains "sticky" but introduced steps to increase liquidity and contain volatility in the money market. The RBI, in its first bimonthly monetary policy statement, left the short-term lending rate or repo rate unchanged at 8 per cent and the cash reserve ratio static at 4 per cent. It halved the overnight call money rate to 0.25 per cent and increased the 7-day and 14-day repo limits to 0.75 per cent from 0.50 per cent. For more information please click here
 
 
NEWS
 
AN ITALIAN COMPANIES SIGNS MoU FOR 100 BIOMASS POWER PLANT IN INDIA
 
#Made in Italy marks another milestone in the field of innovative technologies in Biomass and confirms its success in India. An Italian delegation , consisting of two engineering companies in the renewable energy from Milan, TDM Group Engineering company and MGM engineering and Contracting, participated in the conference " CONVERGENT MINDS " organized by the Indian newspaper " TIMES OF INDIA " on Feb 28, 2014 in Lucknow , the state capital of Uttar Pradesh in India. After this conference , The Italian company , TDM Group Engineering with its joint venture partner AVK Consultants India Pvt Ltd., signed a MoU for the construction of 100 biomass power plants in the State of Uttar Pradesh with SPIL. For more information please click here
 
ITALY'S MGM STONE TO OPEN ITS SHOWROOM IN MUMBAI
 
#MGM Stone, a brand name of GUARDA MARBLES & STONES Srl., based in Nuvolera(BS) Italy has opened its exclusive, luxurious Marble products showroom at 11, Raghuvanshi Mills Compound, Lower Parel , Mumbai on the 28th March 2014. The store offers luxury exclusive products named " COLLEZIONI ", consisting of items such as inlaid backlit white onyx panels, freestanding basin and marble countertop basin in stunning forms and shapes, with the option to customize further with any provided design . The showroom is a Design Concept Area where the clients can see the beauty of stone as applied in real settings. For more information please click here
 
MOTO MORINI'S SCRAMBLER AND GRANPASSO HEADING TO INDIA
 
#Italian motorcycle brand, Moto Morini's iconic motorcycles 1200 Granpasso and 1200 Scrambler has made its India entry at the Auto Expo 2014, Greater Noida, NCR. The bikes will be imported and distributed through the company's country partner Vardenchi Motorcycle. Moto Morini announced its partnership with the Mumbai based Vardenchi Motorcycle at the EICMA show in Milan last year. Moto Morini Scrambler draws its power from the Bialbero CorsaCorta 1187cc twin-cylinder engine, which pumps a power of 120PS and a torque of 102Nm. For more information please click here
 
FIAT HAS RECENTLY LAUNCHED 'THE NEW LINEA' ACCROSS INDIA
 
#Italian automaker Fiat launched an updated version of its Linea sedan, priced between Rs 6.99 lakh and Rs 9.72 lakh (ex-showroom Delhi). The new Linea, which is available in both petrol and diesel variants, comes equipped with various new features including cruise control and dual stage airbags. The petrol variants of the car are priced between Rs 6.99 lakh and Rs 9.01 lakh while the cost of diesel variants range between Rs 8.15 lakh and Rs 9.72 lakh (ex-showroom Delhi).
 
 
UPCOMING EVENTS
 
4-6 APRIL             VENICE: 13th VENICE INTERNATIONAL BOAT SHOW
 
#Venice International Boat Show is considered to be one of the biggest shows related to boats, engines and accessories that will be held in Venice, Italy. For two weekends this event will witness the presence of more than 80000 visitors as compared to its last edition, who will attend the event to experience the latest progress made in the field of boats and engines. Venice International Boat Show will be held covering a huge exhibition area where a number of fervent exhibitors will participate to display their latest innovations and products with the help of multiple exhibition booths and stands. For more information please click here
 
8-13 APRIL            MILAN: SALONE INTERNAZIONALE DEL MOBILE
 
#The Salone Internazionale del Mobile is the global benchmark for the home furnishing sector; an invaluable tool for the industry as well as an extraordinary promotional vehicle. The Salone made its first appearance in 1961, designed to promote Italian furniture and furnishing accessories on the export market, and it has continued to do so, with half of all its visitors coming from around the world.  Its 51st edition will showcase thousands of high quality products destined for the global market. The myriad proposals from the about 2,500 exhibitors will all bear the distinguishing hallmarks of quality and innovation that have earned Milan its place as the capital of furnishing. For more information please click here
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This newsletter is compiled & edited by the Italian Trade Agency office in Mumbai. ©