Italy launched its first-ever mega food park project in India involving food processing facilities amid efforts from both sides to further ties between the two nations.
Italy launched its first-ever mega food park project in India involving food processing facilities amid efforts from both sides to further ties between the two nations. The pilot project named “The Mega Food Park” was launched virtually, with the signing of a Letter of Intent between the ICE Office in Mumbai and Fanidhar Mega Food Park, in Gujarat, according to a report in the Economic Times.
The event was attended by the Ambassador of Italy to India Vincenzo de Luca, and the Ambassador of India to Italy, Neena Malothra.
This was the first Italian-Indian food park project, an initiative in the food-processing field, which served 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.
According to Luca, SMEs and Italian technology in collaboration with Indian food parks opened a new chapter in the economic partnership between Italy and India. The main aim of this project was to develop a synergy between agriculture and industry of both countries. It also focused on the research and development of newer, efficient technologies in the sector, the report said.
Through this project, Italy was also looking to explore the opportunities available in the Indian market, an Italian government statement said.