New Delhi, Dec. 11 -- As India enters the final leg of concluding its trade agreement with the European Union (EU), Italy, a key constituent of the bloc, on Thursday signalled a stronger commercial push into India, with a target of €700 billion exports by 2027. Deputy prime minister Antonio Tajani, who is on his India visit, said his country sees significant opportunity in India and wants to deepen cooperation in innovation, research and education to improve the competitiveness of both economies.

Speaking at the Italy-India Business Forum in Mumbai, Tajani said that Italian companies already present in India plan to expand operations in sectors such as automotive, sports goods, defence, pharmaceuticals and space, adding Italy wants...