India, Italy to double trade by '09, sign JV deals

Newswire

MUMBAI, Feb 14 (Reuters) - Indian and Italian firms signed several joint venture agreements on Wednesday, as the two countries aimed to more than double bilateral trade by 2009.

The two countries set a target of $10 billion in bilateral trade by 2009, up from $4.4 billion in 2005/06. Italy is India's fourth-largest trading partner in the European Union.

Cooperation between Indian and Italian firms covers areas including apparel and luxury goods, automobiles and ...

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