INDIA SPECIAL EDITION 2017

 

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Quartely magazine on-line May July 2016

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India Special Edition Exclusive interview to H.E. Ambassador of India in Rome Interview of India tourism Manager in Milan Indo-Italian Synchrotron Collaboration AMBASSADOR OF INDIA H.E. Mr. ANIL WADHWA Quarterly magazine on-line, May/July 2017

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Sommary 10 Exclusive interview to H.E. Ambas- 32 Vger is an Italian excellence from sador of India in Rome more than 25 years ... 21 Interview of India tourism Manager in Milan 26 Indo-Italian Synchrotron Collaboration 34 Hepatitis C: a revolution in place 37 The Progress Time Event 10 21 32 37 26 34 THE PROGRESS TIME Quarterly magazine on-line, May/July 2017 Aut.Trib. di Arezzo n. 4/13RS del23/07/2013 Aut. Modifiche dal Tribunale di Arezzo del 02/07/2015 EDITOR Mr. Ivan De Stefano EDITOR IN CHIEF Mrs. Barbara Ganetti GRAPHIC & WEB DESIGNER Mr. Tosi Lucio TRASLATOR Ms. Giulia Ruzzenenti QUESTO NUMERO È STATO FINITO DI IMPAGINARE IL 18/05/2017 CONTATTI editore@theprogresstime.com - redazione@theprogresstime.com

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Editorial by Barbara Ganetti The Progress Time Magazine keeps distinguish itself, with its multicultural information devoted to the global economy, using eminent and reliable sources, it enhances the readers an increased knowledge of the treated countries, overcoming the stereotypes often imposed by miscommunication, and today, in some frequent cases, the complete lack of information from Italian companies that address their services and products to international markets. In this issue, we will know more about India, this wonderful country, the manner it gets ready to become an always more competitive worldwide player and the current possibilities that it could offer to the Italian Know-How; we recommend two important interviews, in particular, with H.E. Mr. ANIL WADHWA, Ambassador of India in Rome, and with India Tourism Manager in Milan, Mr. C. Gangadhar. Moreover, we could read another important article, concerning the preview convention of 20th April in Milan, “Vietnam and its Possibilities for Italian Companies”, an event promoted by THE PROGRESS TIME Magazine, in collaboration with the Vietnam Embassy in Italy and the high patronage of Regione Lombardia. Enjoy the read

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EXCLUSIVE INTERVIEW TO AMBASSADOR OF INDIA H.E. Mr. ANIL WADHWA FOR THE PROGRESS TIME By Ivan De Stefano Today, India represents a significant potential market, perhaps unique worldwide, for the extent of its integration margins. From the assignment of the Modi Government, the architecture of reforms and economic development programs, launched by the executive branch, arises as well-structured and on the move. H.E., I thank you for your willingness. Could you explain us the relaunch planned by the Italian-Indian board on the last 19th October at the Ministry of Foreign Affairs office, concerning the cooperation of these two countries in the technological, scientific and innovation field? In support of “Make in In- Ambassador H.E. Mr. Anil Wadhwa The first Inter-Governmen- dia”, the program for the tal Agreement on Science transformation of India in a universal manu- & Technology between India and Italy had facturing hub, the new Foreign Trade Policy been signed in Rome on 28th April 1978. A re- 2015 2020 (FTP) has been presented and it is vised Agreement has been signed between the directed to make India an increasingly impor- two countries in New Delhi on 28th Novem- tant player in the goods and services global ber 2003. Under the framework of this revised trade, to augment the export share from 2% to Agreement, a Joint Committee for Scientific 3,5% within 2020, with a value of 900 billion and Technological Cooperation has been esta- dollars. blished. The last meeting of this Joint Commit- Among the made in Italy sectors, the Indian tee took place in Rome on 19th October 2016. market shows a significant interest for infra- A Declaration of Intent has been signed betwe- structures, mechanics and mechatronics, rene- en the Department of Science & Technology wable energies, automotive industry, agri-fo- of India and the Ministry of Foreign Affairs & od technologies and not least interior design, International Cooperation of Italy. Both sides fashion industry and the luxury segment. […] agreed to jointly finalize a list of R&D propo- In this interview, kindly consented by H.E. Mr. sals for co-financing, involving exchange of ANIL WADHWA, Indian Ambassador in Italy, researchers and bilateral projects in various we will go into detail regarding economic thematic areas. reforms implemented by Indian Government They decided to work on establish a new Indu- and the manner this wonderful country gets strial R&D program, in order to develop new ready to become a worldwide player, always technology / process prototypes with potential more competitive. for commercialization, and evaluate the pos

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sibility to launch Indo-Italian Innovation Forum, to help in fostering R&D based techno entrepreneurship, by linking Technology Business Incubators, Science Parks, Startups, etc. The meeting expressed satisfaction on successful completion of the third phase of IndiaTrento Program for Advanced Research (IPTAR). The two sides agreed to launch the fourth phase of this Program. The Indian delegation offered to host the 2018 edition of Technology Summit with Italy as partner country. The delegations appreciated collaboration in Synchrotron. The jointly constructed diffraction beam lines ‘XRD2’ and ‘XPRESS’ has been inaugurated on 20th October 2016 at the Synchrotron facility in Trieste. The Agreement on Science and Technology between India and Italy has been successful, with the implementation of various projects and collaborations and it will continue to be significant for both countries. In support of “Make in India”, the program for the transformation of India in a global manufacturing hub, what are the reforms scheduled by your government to facilitate foreign investments in the country? The Government of India announced the policy of ‘Make in India’ in September 2014, the idea of which was to make India a global manufacturing hub by attracting foreign

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investment and technology in to different sectors. The Policy identified key sectors such as aviation, biotechnology, chemicals, pharmaceuticals, textiles, leather, food processing, automobile, auto components, infrastructure (highways, railways, airports and ports), defence manufacturing, electrical and electronics, tourism and hospitality, energy, IT and BPM. The policy accentuated the importance of reform the business and investment climate in India, so as to attract foreign and domestic investments. As part of the reform measures, the Indian government has opened earlier closed or restricted sectors like defence manufacturing, railways, airports for investment, increased the cap on investments in most of the sectors to 100% and kept approval for investments in most of the sectors under automatic routes and brought new sectors like single retailing, multi retailing, banking, insurance, olive oil plantation, media etc. for investments. The government has also taken steps to remove obsolete rules, regulations and requirements while opening business establishments in India. To increase competition among State Governments for investment, the state governments were ranked on different variables for taking steps on reforms. As part of the projects under ‘Make in India’, Indian government announced multi-billion USD projects: construction of 100 smart cities, modernization and renovation of whole railway system, expansion and modernisation of existing airports and ports, construction of new green filed projects, dredging of about 106 rivers to make water transport better and cheaper, providing urban facilities in rural areas, sourcing of 175 GW of energy from renewable sources, electrification of all villages by 2018, digital India (to connect India with broadband connectivity), start-up India, skill training for 40 million Indians annually, establishment of 50 solar parks each of 50 MW and 48 food parks etc. The government also took some reform measures in taxation, banking and policy in winding up business. In Budget 2017-18, Indian government announced decisions like no payment of MAT (Minimum Alternate Tax) by companies with no permanent establishment in India, and to reduce corpora

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te tax to 25% over the years and bringing GST legislation by 1st July 2017.As per UNCTAD data, India received 46.4 billion dollars as investment in 2016 and it is the forth attractive investment destination country in the world. Currently, India is having 7.1% growth rate and it is expected that there will be higher growth rate of 8% in coming years (World Bank and IMF forecast). According to PWC, Indian economy will be the second largest economy in the world, overtaking the US by 2040. To attract investments, beyond reform banking, taxation and industrial policy sectors, Indian government has begun to reduce requirements for getting land, electricity, water connections which are prerequisites for setting up an industry in India. Exchange Program (CEP) has been agreed upon and signed periodically between India and Italy, under the auspices of the bilateral Agreement on Cultural Cooperation. The exchange program and the broader cooperation agreement form the framework for strengthening cultural collaborations between the two countries, including in the fields of arts, language, literature, education, visual and performing arts, architecture and protection, conservation and restoration of cultural heritage. Another Agreement on Audio Visual Co-Production to develop audio-visual Italy and India are two civilizations rich in cultural heritage and they have interacted in cultural and commercial exchanges for more than 2000 years. What are the new opportunities about economical and value exchanges between Italy and India? Italy and India have always enjoyed very good relations. Both are home to ancient civilizations with rich cultural heritage. With the intention of fostering cultural, educational and scientific relations, a Cultural relations (film, television and video co-productions) between the two countries has also been signed. These agreements have allowed both India and Italy to promote their cultural heritage in each other’s country. We have seen an increasing demand in Italy for Indian cultural activities, from the fields of performing arts, fine arts, handicrafts, films

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and related areas. Moreover, India looks with growing interest towards Italian creativity and capabilities in several fields that include fashion technology and design, heritage management and restoration techniques. Over the years, the Indian traditional form of medicine – Ayurveda has gaines traction in the Italian society. In addition, Yoga, another gift from India to the world, is steadily becoming a healthy daily practice in Italian way of life. The tremendous response received for the celebration of International Days of Yoga during the last two years is an evidence of its popularity. The contemporary India provides opportunities to Italian companies for investment and business in sectors like automobile, auto-components, chemicals, biotechnology, textiles, food processing, leather, infrastructure, design, financial and banking services, energy, tourism etc. The positive factors for India are its democratic credentials, robust banking and financial sectors, expanding middle class (more than 400 million), low cost labour, abundant skilled professionals and country of more than 50% of population of average age of 30 years. Italian companies can explore both investment and business in all the above-mentioned sectors. Presently, the bila- teral trade is valued at more than € 7 billion, but there is scope to expand it further. Indian Embassy on its part had organized a series of commercial and tourism promotion events in 2016, to provide information about Indian market in different sectors to Italian companies. In the process, more than 1000 Italian companies have been informed of the prospects in India. The planned visit of a large business delegation from Italy to India in the last week of April 2017 will create more awareness and space for both sides to explore business and investment opportunities. There is, indeed, a huge potential for expanding cooperation between the two countries as the intrinsic affinity between India and Italy, which has served to strengthen and diversify bilateral cooperation in various fields, continues to expand commercial and value exchanges. What are the strategies that your country would like to implement to increase modernization and new technologies, with a regard to environmental protection? India was one of the important countries which advocated COP 21 at Paris Conference in 2016. Understanding the difficulty in con

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struction of mega hydro-dams, nuclear power projects, Indian government has drawn up an ambitious target to add 175 GW of renewable and solar energy by 2021. Government is also attempting modernization of the whole industrial sector, waste management and affluent treatment. Some of the sectors like auto components, automobile have gone for automation in India. There is an ambitious plan to clean the polluted rivers of India. There are rules enunciated by the government regarding forest, wildlife, water resources, and environment. Some of the industrial activities are not allowed in sensitive zones, declared as protective or restrictive zones. In this moment, in which sectors have Indian entrepreneurs the main interest about long term investments in Italy? Indian entrepreneurs have interest to enter sectors of IT, textile, leather, engineering, pharmaceuticals, railways, steels for long term investment in Italy. There are about 40 Indian companies who have business and in- vestment interest in whole Italy. In conclusion, I ask you the last question about tourism in your wonderful and huge country; what are the strategies that you are realizing in the touristic promotion domain and with which instruments? The numbers of Foreign Tourist Arrivals in India have been increasing steadily. During 2014, 2015 and 2016, the numbers were 7.68 million, 8.03 million and 8.89 million respectively. This is a testimony to the myriad ways in which India can enthrall travelers. India offers foreign tourists a variety of experiences. The months from October until March are strong growth months for foreign tourist arrivals in India. India is a tourist destination that offers fabulous experiences, both to ‘budgetary’ and to ‘exclusive’ travelers. The Ministry of Tourism is the nodal agency for formulation of national policies, programs, for activities coordination of various Government Agencies and Private Sector for

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