April 19, 2021
Italy’s pilot project named “The Mega Food Park” has been launched in India with food processing facilities amid efforts from both sides to further ties between the two nations. SMEs and Italian technology in collaboration with Indian food parks open a new chapter in the economic partnership between Italy and India.
This was launched today virtually, with the signing of a Letter of Intent between the ICE Office in Mumbai and Fanidhar Mega Food Park, in Gujarat.
The event was attended by the Ambassador of Italy to India Vincenzo de Luca, and the Ambassador of India to Italy, Neena Malothra.
This is the first Italian-Indian food park project, an initiative in the food-processing field, which serves as a pillar of the partnership between India and Italy, as both PM Modi and Italy’s Mario Draghi, said in a virtual bilateral summit held on November 6.
The main purpose of this project is to improve the interaction between agriculture and industry of both countries. It also focuses on the research and development of newer, efficient technologies in the sector, the report said.
Through this project, Italy is also looking to explore the opportunities available in the Indian market. It is also promoted by the Italian Embassy in New Delhi and the ICE Office in Mumbai and involves the Emilia Romagna Region, SACE, ANIMA (Italian Association representing companies operating in the metalworking sector) and FederUnacoma (Italian Agricultural Machinery Federation of Manufacturers).