India and Italy have announced a Joint Strategic Action Plan for 2025-2029, aimed at deepening ties in areas like clean energy, digital innovation, and trade. The plan builds on the 2020-2024 framework, emphasizing sustainable development and mutual growth.
Key Focus Areas:
- Clean Energy Transition:
Both nations will collaborate on renewable energy technologies, including green hydrogen, smart grids, and sustainable fuels. Italy supports India’s target of 450 GW renewable energy capacity by 2030. - Economic and Trade Relations:
Italy, India’s fourth-largest European trading partner, aims to expand trade, currently over $10 billion. Partnerships in infrastructure, urban development, and advanced manufacturing will be prioritized. - Digital Innovation:
Joint efforts in AI, cybersecurity, and digital governance will enhance digital transformation and technological advancements in both countries. - Mobility and Skill Exchange:
A new Declaration of Intent on Migration and Mobility will promote skill transfers and professional exchanges.
Global and Regional Implications:
This partnership highlights the growing importance of India-Italy ties in shaping policies related to the Indo-Pacific, climate action, and global trade. It aligns with Italy’s Mattei Plan for energy development in the Mediterranean and Africa, creating opportunities for sustainable growth.
This collaborative plan reflects the shared vision of India and Italy to address global challenges while boosting bilateral cooperation.
