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NEWSLETTER #23
 
60 ITALIAN COMPANIES AT BC INDIA 2013
Construction Machinery Show: Mumbai 5-8 Febuary  

#bC India—the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles—provides the international construction industry with a professional platform for networking, investment and the exchange of ideas and information. Around 700 exhibitors from 33 countries including 60 ITALIAN COMPANIES are taking part in bC India 2013. The show takes place at the Bandra Kurla Complex in Mumbai from February 5 to 8, 2013 and will occupy a record 150,000 square meters of exhibition space. The feedback from the industry on the second edition of bC India is very positive. The demand of space for bC India 2013 is high. Most of the companies booked much more space than in 2011. The space allocated for the exhibition in 2013 has increased to 130,000 square metres, from 88,000 square metres in 2011, to accommodate the growing demand. For more information please click here

 
 
 
NORDMECCANICA, WORLD LEADER ITALIAN COMPANY IN THE INDUSTRY OF COATING AND LAMINATING MACHINERY OPENS AN OFFICE IN MUMBAI   ACIMIT SETS UP ITALIAN TEXTILE MACHINERY TECHNOLOGY TRAINING CENTRE AT ICHALKARANJI , INDIA

# The Nordmeccanica group has opened an office and technical assistance center, in the area of Parel in India's Metropolitan city Mumbai. The company will employ 16 people. The company holds more than 60% of the Indian market and expects further interesting developments with the arrival of multi brands retail chains. Starting with the first machines built in the 70's all the way through to the most recent and highly innovative Triplex SL One Shot, the growth in Nordmeccanica has been equally harmonized between production capability and expansion of export.
For more information please click here

#ACIMIT and DKTE’S Textile & Engineering Institute Ichalkaranji (DKTE) have signed an agreement for the establishment of an Italian Training Centre at Ichalkaranji in India. The project includes providing on free using basis of textile machinery by interested manufacturers for a maximum period of 3 years, training activities provided by the same Italian Textile machinery companies adhering to the initiative, the distribution of ACIMIT’s digital technology manual containing Italian state-of-the-art technology, and the awarding of scholarships to three students selected by a committee of DKTE’S faculty in order to help them to pursue their professional training.
For more information please click here

 
 
RULES & REGULATIONS
 
COMPANIES CAN MERGE WITH FOREIGN FIRMS VIA IDRS; RBI TO ISSUE NORMS
 
#The government has allowed Indian companies to merge with firms overseas through the issue of Indian Depositary Receipts (IDRs) and the Reserve Bank of India has been asked to issue detailed guidelines on the process. The Companies Bill 2012, which was passed in the Parliament in dec 2012, has permitted local firms to merge with foreign companies in "select jurisdictions". The shareholders of the merging company can be paid in cash or in IDRs or partly in cash or partly in IDRs. This move would facilitate cross border mergers, open options to restructure firms and overseas listing through reverse merger. But a final approval will depend on RBI guidelines and rules in foreign countries. For more information please click here
 
 
NEWS
 
CUCINE LUBE INDIA OPENS MODULAR KITCHEN STUDIO IN INDIA
 
#Cucine Lube India, an Italian Modular Kitchen company announced the opening of Asia’s largest modular kitchen studio in New Delhi. Spread across 30,000 sq ft, the studio will offer access to more than 22 live kitchens. This world class studio will house a complete array of Lube’s creations with more than 1000 options in terms of design. The showroom located near Sultanpur Metro station will have Orientation Centre where customers would be provided with Live Demonstration of the products in all aspects be it the finishes, materials, hardware, colors, internals. For more information please click here
 
ITALIAN ICE-CREAM BRAND MILANO ENTERS INDIA
 
#Italian ice-cream brand Milano sets up its first Indian outlet in Kochi. Milano is home-made, fresh, 100 per cent vegetarian and organic. The ice-cream producing unit and display console were already brought from Italy to make the product maintain its fresh appeal. Certain ingredients are imported and rest of the items will be locally purchased from reliable vendors in the city. To make the brand a household name, the company plans to offer local flavours, free home delivery. For more information please click here
 
ITALIAN BRANDS LIKE ALBERTA FERRETTI, POLLINI, GATTINONI ARE GEARING UP TO ENTER INDIA
 
#A clutch of Italian fashion brands is gearing up to enter India, in the latest thrust by high-end merchandise makers wanting to tap new money in a country where luxury retail is showing signs of a pick-up. According to luxury connect, a delhi-based marketing firm that works exclusively with luxury brands, fashion housesmoschino and alberta ferretti, pollini, gattinoni, byblos and scorpion bay have signed up their entry strategy and partner search operations. For more information please click here
 
FIAT INDIA TO HELP PARENT COMPANY DEVELOP SMALLEST JEEP
 
#Fiat India’s research and development (R&D) team would contribute significantly in the Italian car maker’s programme to design and develop its alliance partner Chrysler’s smallest Jeep, to be launched globally in mid-2014. The company has finalised a plan to roll out nine new models by 2016, some of which would be shipped from India to right-hand-drive markets abroad. The Italian company has also commissioned an R&D set-up, Chrysler India Automotive Private Limited, in Chennai. Engineers at this facility would work towards launching a B-segment sports utility vehicle (SUV) in India in 2015. For more information please click here
 
HSBC LAUNCHES GIF INDIA FIXED INCOME FUND IN ITALY
 
#Through the use of the Foreign Institutional Investor licence authorised by the Securities and Exchange Board of India, the new fund will invest primarily in domestic government and corporate bonds denominated in Indian Rupee. The fund can also invest in bonds issued in other currencies that have a strong India connection. The fund will form part of HSBC's Luxembourg-based Global Investment Fund (GIF) range, which has funds registered for sale in approximately 30 countries globally. The base currency is US dollars, although the underlying exposure will be to the Indian rupee. For more information please click here
 
 
BUSINESS OPPORTUNITIES
 
ITALIAN SILVERWARE COMPANY IN SEARCH FOR PARTNERS TO OVERTAKE THEIR BUSINESS IN ITALY
 
#An Italian company- Gaetano D'Agostino manufacturers of Silverware, has been serving the National, International and European market for more than 50 years. For several years, the Company has embarked on foreign relations and today the company has its exclusive products in various countries such as Spain and Poland. The company is looking for a partner willing to completely overtake its activities and property in Italy. The company is located at a strategic location in the city. In the recent years the company has also opened a large mall “FORUM di Palermo”, and a few days ago has opened a great center of bricolage “LEROY MARLIN”. For any further clarification please contact at info@argenteriadagostino.com
 
ITALIAN CO. “CANTIERI DEL LAGO MAGGIORE ” LOOKING FOR AN INVESTOR IN THEIR SHIPYARD IN ITALY
 
#Cantieri del lago Maggiore s.a.s an Italian shipyard is interested in selling their facilities. It is located on river Maggiore 50 KM from Milan and 15 KM from the Milan Malpensa Airport. It is built on a 24000 sq.mtrs super built area with 4000 covered area. It has two bridge cranes, park, boating club and a facility to park 200 boats. The company is looking out for an invester in their shipyard. In order to get more details on this project interested Indian companies can contact at newdelhi@ice.it
 
 
UPCOMING EVENTS IN ITALY
 
6-8 FEB                MILAN: MILANO UNICA
 
#Milano Unica is one of the top events which will cater to the European fabrics and accessories. This event will feature with women and men’s wear production collection as well. It will be its 15th edition. The show will showcase complete range of products and services. Milano Unica is a biggest event which deals with the finest quality products from Italy and Europe. In the show, world acclaimed manufacturers and companies of Italy and Europe will demonstrate their latest and innovative product line in the show. This expo will be a great networking place for the new companies to establish themselves on international level. For more information please click here
 
6-8 FEB                CARRARA: COMPOTEC
 
# Compotec is the first leading & unique exhibition in the Italy entirely related to research, production, making up & technologies of composite materials. It’s a new and unique event in the Italian trade fair panorama. Its target is to bring together universities, research institutes, industries, organizations and media in a three days event in order to present the composite technologies, processes and developments. End users of composites materials in different fields such as: Aeronautcs, marine, automotive, mass transport, building, energy, medical, leisure & sport, Associations, Universities, Research Centers, technical press, Technical experts, research and development managers anddesigners are the targeted visitors.. For more information please click here
 
14-17 FEB   MILAN: BIT 2013- International Travel & Tourism Exchange
 
#Bit is an International exhibition for travel & tourism industry in Italy. This is the 32nd edition of the session. Bit’s unique exhibition concept meets the needs of all industry stakeholders, from travelers to trade professionals and tourist boards. A committed Visitorship of-Travel Trade Members, Corporate and Business Travel Decision Makers, Leisure and Holiday Travellers (FIT & Groups), Travel Trade Members, Corporate and Business Travel Decision Makers, Leisure and Holiday Travelers, National and International Representatives from Hospitality Industry, Travel Planners etc. will exhibit here. For more information please click here
 
20-24 FEB   ROME: BIG BLUE - The Boat & Sea Expo
 
#Big Blue is the trade fair which is entirely based on sailing and fishing. This international show is the major attraction for all the recreational lovers to quench their thirst of passion. Over 560 exhibitors will be exhibiting their sailing and boating equipments and products which are the major attraction of the show. Big Blue Rome sea Expo Boat Show Rome will be a unique platform for the business delegates, industry insiders as well as for the passionate sea going crowds for gathering a wide range of information about the modern trends and innovation visible in nautical universe. This event attracts large number of visitors both national and international. The event also promotes tourism. For more information please click here
 
 
UPCOMING EVENTS IN INDIA
 
6-10 FEB              BANGALORE: AERO INDIA 2013
 
#The ninth edition of Aero India will be held at Air Force Station, Yelahanka, near Bangalore from 6 Feb to 10 Feb in 2013 and will provide a significant platform in bolstering business opportunities in the international aviation sector. It is favourably poised an exponential growth over previous edition. A rapidly growing economy, defence preparedness challenges and opening up of defence production to private sector, have given a major fillip to the defence industry in India. It has also become a hub centre for defence business in the asia region. Profile for exhibit include Aircraft, Airliners, Business aircrafts, Helicopter, Aero Engines, Airports - Design & Management, Air Traffic Control Equipment, Cabin Equipment, Avonics, Cargo Handling Equipment, Electrical Components and Equipment etc. For more information please click here
 
7-9 FEB      BANGALORE: WELD INDIA 2013
 
#Weld India Expo is one of the top metallurgy and welding sector trade shows in India. The event is held on a biennial basis and witnesses the presence of eminent corporate executives and industry specialists from this sector. Potentially fruitful investment avenues are highlighted during the event and exhibiting companies have a chance to directly interact with well targeted potential clients here. The total number of business visitors taking part in the show stands in excess of 5000, with representatives from the automotive, consultancy, education, construction and petroleum sectors featuring among the chief attendees. For more information please click here
 
21-23 FEB    CHANDIGARH: INTERNATIONAL CONFERENCE ON POLYMERS
 
#Asian Polymer Association will present the International Conference on Polymers on the Frontiers of Science and Technology in February 2013. This event will provide a space for the researchers, scientists and engineers from across the globe to share their knowledge and advancement on research papers and best practices related to the polymer science and technology. This International event will encourage the ideas among educational institutions, research laboratories and industries to explore the creative and best practices for potential growth of emerging new technologies. Bhuvanesh Gupta and Anupama Sharma are the Conference Chair of the annual event. It is an open platform for the researchers and academicians who are working on polymer science and engineering community. For more information please click here
 
23-28 FEB  GREATER NOIDA: PRINTPACK INDIA - Exhibition for Printing & Packaging
 
#PrintPack India is an International exhibition on printing and packaging which will show the new revolutions which will take place in near future. The exhibition would help industries to learn more and adopt latest technological improvements in the field. Profile for exhibit include Packaging Machinery Paper & Cardboard, Containers, Packaging Plant Systems Filling/Sealing/Weighing, machinery, Tapes/Plastic Film/Pallets, Warehousing Equipment, Food & Pharmaceuticals Packaging, Bag Making Machinery, Material Handling Equipment, Vacuum Packaging Machines, Conveyors, Shrink Packaging Machines. For more information please click here
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This newsletter is compiled & edited by the Italian Trade Commision office in Mumbai. ©