New Delhi – The Concessions Committee, chaired by the Italian Ministry of Foreign Affairs and International Cooperation and including the Ministry of Economy and Finance, the Ministry of Enterprises and Made in Italy, and the Conference of Regions and Autonomous Provinces, has today approved a new €500 million soft financing scheme to support Italian companies with business interests in India. The initiative aims to fund investment and expansion plans in the subcontinent.

The measure is also open to companies that are not direct exporters but are part of supply chains involved in exports to India. It represents a concrete step in implementing the goals of the Export Action Plan launched by Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani and aligns with the priority of diversifying export markets for Made in Italy, ensuring the growth and internationalization of Italian enterprises.

The Committee also approved the allocation of €81.7 million in concessional loans, managed by Simest, to support internationalization projects in strategic areas. These loans will benefit 164 companies engaged in digital and green transition investments, participation in trade fairs and events, entry into new markets, recruitment of temporary export managers, and the launch of new e-commerce platforms.