During a recent meeting in Rome, Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni announced the elevation of bilateral relations to a 'Special Strategic Partnership', the highest level of engagement between the two nations. This historic upgrade is aimed at enhancing cooperation across various sectors including trade, technology, and security. Both leaders highlighted the goal of increasing bilateral trade from €14 billion to €22 billion by 2029. Additionally, they plan to establish an India-Italy Innovation Centre in New Delhi to foster collaboration in technology and innovation. The partnership will also focus on responsible artificial intelligence development and deepening defence ties, which include co-development and co-production initiatives. The leaders reaffirmed their commitment to the India-European Union free trade agreement, which is expected to significantly benefit businesses in both countries. They also discussed the strategic importance of the India-Middle East-Europe Economic Corridor (IMEC) and reiterated their joint stance against terrorism. To celebrate their 80-year diplomatic relationship, 2027 will be designated as the 'India-Italy Year of Culture and Tourism'.