Exploring India as a Strategic Market for Italian Enterprises: ICCI Supports High-Level Business Event in Vicenza

The Indian Chamber of Commerce in Italy (ICCI) was pleased to offer its patronage and active participation to the event “International Markets and Business Tools: Focus on India”, held on May 2025 at the Montecchio Maggiore headquarters of Confindustria Vicenza. The event was jointly promoted by Cherry Bank and ASSOMAC, with the valuable collaboration of ICCI and the Veneto Leather District – Distretto Veneto della Pelle.

This high-level workshop aimed to provide Italian companies—particularly SMEs operating in the leather, fashion, and manufacturing sectors—with concrete tools and insights to approach international markets, with a dedicated focus on the opportunities presented by India. Against the backdrop of a rapidly evolving geopolitical landscape, the session addressed the growing need for Italian enterprises to identify and pursue new markets, and India was highlighted as one of the most promising destinations for trade and industrial collaboration.

ICCI’s Strategic Role

Representing ICCI, Secretary General Luciano Pettoello Mantovani was invited as one of the keynote speakers. His intervention focused on the broader dynamics of Indo-Italian trade and investment, outlining the current economic trends in India, the government’s reform agenda, and the key sectors where Italian businesses can gain a competitive edge. Mr. Pettoello Mantovani also spoke about ICCI’s role in supporting market entry, building partnerships, and creating institutional and commercial bridges between Italian and Indian counterparts.

Institutional and Industry Participation

The event featured a wide range of expert contributions. Vincenzo Galileo, Head of Corporate Banking at Cherry Bank, shared an in-depth overview of how the bank supports companies in their international growth journeys, offering concrete tools throughout the export lifecycle, including access to subsidized credit and public guarantees.

Roberta Maggiolo, Head of Correspondent Banking at Cherry Bank, provided valuable insights into the functioning of the Indian banking system and how Italian companies can navigate relationships with Indian financial institutions.

Luca Vezzaro, Head of Foreign Markets at Cherry Bank, rounded out the business perspectives by sharing successful case studies and operational strategies that have enabled Italian firms to succeed globally.

Also participating were:

  • Mauro Bergozza, President of ASSOMAC
  • Giacomo Camerra, Vice President of the Western Vicenza Group of Confindustria Vicenza

Both emphasized the importance of strategic foresight and practical support for businesses seeking to internationalize, particularly in complex but high-potential markets like India.

A Platform for Engagement

The event successfully brought together banking professionals, institutional stakeholders, and entrepreneurs from across the Veneto region. It served as an important platform to reinforce Italy–India business relations, enhance understanding of India’s regulatory and commercial landscape, and support the internationalization efforts of Italian SMEs.

ICCI’s Ongoing Commitment

As the primary point of reference for Indo-Italian business relations, ICCI remains committed to facilitating cross-border cooperation, providing intelligence on the Indian market, and guiding companies through their international expansion strategies. Events like this are essential in building awareness, fostering partnerships, and reinforcing Italy’s presence in one of the world’s fastest-growing economies.

We thank Cherry Bank, ASSOMAC, and the Veneto Leather District for organizing such a meaningful initiative, and we look forward to continuing our collaboration with institutions, industry groups, and businesses across Italy to promote stronger bilateral ties with India.

PHOTOS FROM THE EVENT