India, July 25 -- The IT BT Department, Government of Karnataka, has signed a Letter of Intent (LOI) with the Consulate General of Italy in Bengaluru to set up the Indo-Italian Innovation Hub in Karnataka.This flagship initiative will foster collaboration acrossStartup acceleration; Bilateral academic exchange; Talent mobility between India and Italy.Together, the countries aim to build a vibrant platform for innovation, research, and entrepreneurship.Italy is an ideal place to locate for Foodtech, Health and Energy & Environment startups.

Italy's Startup Ecosystem is a regional Leader in innovation, ranked at number 31 globally and at number 15 for startups in Western Europe.

India and Italy have enjoyed a long-standing partnership in ...