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SIMEST “India Package”: export and investment program operational 

SIMEST “India Package”: export and investment program operational 

TLDR
  • The India Package, managed by SIMEST on behalf of the MAECI, is active since September 16, 2025 for Italian companies with strategic interests in India.
  • To access it, you need a registered office in Italy, two deposited balance sheets and at least one India-linked condition: 30% expenses in India, or exports or imports to India amounting to at least 2% of turnover.
  • The costs are divided into investments (machinery, technologies, facilities in India, patrimonialization) and development costs in the Indian market, which account for up to 40% of the project.
  • Costs such as pure export sales, transport and storage are excluded, as well as ordinary current expenses and those already covered by other aid.
  • The financing lasts up to 6 years with an advantageous interest rate of 0.321%, with a non-refundable fund of up to 10%, which rises to 20% for SMEs, innovative start-ups and companies from the Southern regions.
Index

It has been active since September 16, 2025 the India package managed by SIMEST on behalf of MAECI, with the aim of Strengthen development and capitalization of Italian companies with strategic interests in the Indian market.

Who can access

Companies are eligible to apply With registered and operational headquarters in Italy, in activity, with at least two budgets filed, environmentally compliant and in good standing. In addition, they must fall within at least one Of these “India-linked” conditions:

  1. Investment plan providing at least the 30% of eligible expenses in India; or

  2. Export to India ≥ 2% of turnover (or stable presence in India, including through subsidiary); or

  3. Import from India (raw materials, components, goods) ≥ 2% Of turnover.

Note: Sectoral and compliance exclusions are provided (e.g., certain agricultural/typical activities, sectors prohibited by EU rules, sanctioned entities, etc.). Audits anti-mafia, environmental and of DURC regularity apply throughout the process.

Eligible expenses

A) Investment (capex and operational strengthening)

  • Machinery/plants/equipment (including leasing) and new capital goods or conversion of existing ones.

  • Technologies: hardware, software, digital integration, cybersecurity, analytics, cloud/fog, augmented/virtual reality, robotics, additive, AI.

  • Efficiency and sustainability (environmental/social improvements).

  • New facilities in India (purchase/lease/adaptation) or upgrading of existing facilities.

  • Capital strengthening and capital payments/shareholder financing In favor of subsidiaries.

B) Expenses related to development in the Indian market (up to the 40% of the project)

  • Training (in Italy or India) and insertion of personnel (including travel, entry, regularization paperwork, medical examinations, uniforms).

  • Apprenticeship/trainee contracts for personnel from India (with constraints on duration/program).

  • Temporary stores, showrooms, corners (including virtual showroom) and related management costs for one structure.

  • Promotion & marketing (online/offline), market studies, strategic advisory, events/matchmaking, translations.

  • Product certifications and approvals (including translations and fulfillment for sustainability/patents).

Pure export/commercial expenses (e.g., sales network, transportation, storage), ordinary ongoing costs (e.g., recurring tax/legal advice), expenses already covered by other aid, or referring to excluded sectors are not eligible for financing.

Benefits provided

  • Financing until 6 years a subsidized rate 0.321%
  • Non-repayable grant until 10% (until 20% for Innovative SMEs/Start-ups or based in the southern regions)

How Octagona can support you

Thanks to the support of our offices and teams in India, we can support you all along the way: assessment And verification of eligibility, project dossier, go-to-market, compliance (incl. BIS certification), set-up and execution local.

Request a pre-assessment of your India project and plan the application with our consultants.

Contact us for more information.

Frequently Asked Questions

What requirements must an Italian company have to access the SIMEST India Package?

The company must have its legal and operational headquarters in Italy, be active, with at least two audited financial statements, comply with environmental regulations and have the required level of integrity. It must also meet at least one India-linked requirement: a plan with at least 30% eligible expenses in India, or exports or imports from India equal to at least 2% of turnover.

What does it mean to be an India-linked enterprise in the SIMEST India Package?

Being India-linked means having a demonstrable link with the Indian market. Just three conditions are sufficient: an investment plan with at least 30% of eligible expenses in India, an export to India equal to at least 2% of turnover (or a stable presence in India, even through a subsidiary), or an import from India of raw materials, components or goods equal to at least 2% of turnover.

Which investment and commercial development expenses can be financed under the India Package?

The investments cover machinery, plants and equipment, including leasing; technologies such as software, cybersecurity, AI and robotics; efficiency and sustainability; new facilities in India; and the strengthening of the parent companies’ balance sheets. Development expenses in the Indian market, up to 40% of the project, include training, personnel, showrooms, marketing, market research, certification and product homologation.

Which expenses are not eligible for financing under the India SIMEST Package?

Expenditures related to pure export or commercial activities are not eligible, such as sales network, transport and storage. Ordinary current costs are also excluded, for example recurring tax or legal advice, expenses already covered by other aid, and those related to excluded sectors, such as certain agricultural and fishing activities or sectors prohibited by EU regulations.

What benefits does the India Package offer and what is the financing rate?

The India Package provides financing for up to 6 years at an interest rate of 0.321%. This is supplemented by a grant contribution of up to 10%, which increases to 20% for SMEs and innovative start-ups or for companies based in the regions of the South.

How can specialized advice help a company apply for the India Package?

A consultant with a team in India can follow the company from eligibility verification to the local implementation of the project. Octagona, for example, offers assessment, project dossiers, go-to-market, compliance including BIS certification, set-up and execution in India. A project pre-evaluation is also available before the application.

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