Bilateral relations elevated to highest partnership tier during PM Modi's Rome visit, focusing on defence, trade, technology, and critical minerals cooperation.
Prime Minister of India concluded an official visit to Rome on 20-21 May 2026, where India and Italy elevated bilateral ties to a Special Strategic Partnership with a multi-sectoral Joint Declaration, setting a bilateral trade target of €20 billion by 2029.
|
Term |
Detail |
|
Special Strategic Partnership |
Highest tier; similar to UAE, France, Japan |
|
Trade Target |
€20 billion by 2029 |
|
IMEC |
India-Middle East-Europe Economic Corridor; first Ministerial 2026 |
|
INNOVIT India |
Hub for AI, quantum computing, fintech, semiconductors |
|
Guardia di Finanza |
Italian financial police; MoU with India's ED |
|
NMHC Location |
Lothal, Gujarat — ancient Harappan site |
|
Elettra Sincrotrone |
Italian synchrotron lab in Trieste; Indian scientists' access |
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