Why is India important for Italy?
India is more than important for basically three reasons. India is a very, very old country with a history, culture and tradition like Italy. And we can use the English language to be in touch. Then India’s industrial situation is similar to us. Both have big companies but are dominated by small and medium-sized companies. It is extremely important for both to do joint ventures. Thirdly, there are important opportunities in India. Apart from big companies like Fiat, which has been in India forever, there are possibilities in infrastructure, leather processing, machinery, food processing, tourism. We have both big brands and high technology in these areas and the right-sized industry. And India can be an important bridge for exporting to East Asia.
Is there concern in Europe about China’s overpowering presence?
Yes. I think China represents huge opportunities for Europe. Having said that, we have language barriers, as well as ipr problems. For me India is far closer to Italy in terms of culture for companies. Our priorities are the same. I believe in India.
India and China are competing for the same resources and technologies. Does it make it difficult for Italian industry?
China still is and will be a huge market for all of us and will be an important centre for production. It is not a 100 per cent alternative to India. India is something closer to us. I hope it will be easier to establish a two-way relationship—more Italy in India and more India in Italy. Right now is a very important moment for the future of India and we are there. I speak for all Italian industry that India is number one priority for us.
Is the presence of Sonia Gandhi a determining factor?
Sonia Gandhi and her husband have always been persons I look at with a lot of respect. Of course, one of the reasons we look at India with a lot of sympathy and enthusiasm is Sonia Gandhi. Now she is Indian, not Italian, but she will always represent a myth for Italians.
