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The first documented relations between Ancient India and Ancient Rome occurred during the reign of Augustus (27 BCE – 14 CE), the first Roman Emperor. The presence of Europeans, including Romans , in the region known at the time as "India" (modern South Asia , including India , Bangladesh , Pakistan and eastern- Afghanistan ), during the ...
The Seleucid dynasty controlled a developed network of trade with the Indian Subcontinent which had previously existed under the influence of the Achaemenid Empire.The Greek-Ptolemaic dynasty, controlling the western and northern end of other trade routes to Southern Arabia and the Indian Subcontinent, [5] had begun to exploit trading opportunities in the region prior to the Roman involvement ...
Italian companies invested €694 million in India in 2011, and over €1 billion in 2012. As of December 2012, Italy had an accumulated investment of €3.75 billion in India, or 9% of the total European Union FDI in India. [16] Indian investment in Italy grew from €584 million in 2004 to €10 billion in 2011.
The main articles imported from India were spices such as pepper, cardamom, cloves, cinnamon, sandal wood and gems such as pearls, rubies, diamonds, emeralds and ivory. In exchange the Romans traded silver and gold. Hoards of Roman coins have been found in southern India during the history of Roman-India trade.
Although ancient India had a significant urban population, much of India's population resided in villages, whose economies were largely isolated and self-sustaining. [citation needed] Agriculture was the predominant occupation and satisfied a village's food requirements while providing raw materials for hand-based industries such as textile, food processing and crafts.
[2] The existence of this statuette in Pompeii by 79 CE, when Mount Vesuvius erupted and buried the city, testifies to the intensity of Indo-Roman trade relations during the 1st century CE. [3] [7] This statuette has been dated by the Naples National Archaeological Museum as having been created in India in the first half of that century. [5]
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[1] [2] Although Italy and India have maintained important relations since ancient times, significant Indian migration to Italy is a recent phenomenon. Many Indians began immigrating to Italy in the early 1990s, when the Italian government initiated programs to get Indian IT professionals and engineers to contribute to the technology sector in ...