Overview
- Prime Minister Narendra Modi and Prime Minister Giorgia Meloni met in Johannesburg on the G20 sidelines to expand cooperation across trade, investment, technology, AI, space, defence, security, research, innovation and culture.
- The leaders formally adopted the India-Italy Joint Initiative to Counter Financing of Terrorism to strengthen joint action against terror funding.
- Officials reported satisfaction with progress on the Joint Strategic Action Plan 2025–29, which frames the partnership’s priorities.
- Meloni voiced strong support for India’s plan to host an AI summit in 2026, reinforcing collaboration on emerging technologies.
- Bilateral trade is estimated at about $15 billion in 2023–24, with Italian FDI into India totaling roughly $4 billion since 2000.