Consul General of Italy in Karachi Danilo Giurdanella, attended the unveiling of the advanced R24 FPT Engines, showcasing cutting-edge Italian technological innovation in diesel engines. This launch aims to provide innovative solutions to industries and businesses across Pakistan, focusing on reducing carbon footprints and enhancing operational efficiency.
During the event, the Consul congratulated Power Zone management for their efforts in introducing FPT Industrial—an emblem of “Made in Italy” excellence—to Pakistan, emphasizing the importance of innovative and sustainable energy solutions. Notable attendees from Italy included Mr. Riccardo Pavani, Head of the Asia Pacific Region; GianmariaPece, Head of Marketing; and ZeeshanYousuf, Head of Sales for Southeast Asia, Australia, and New Zealand. The trade relationship between Pakistan and Italy has been flourishing, with a trade surplus recorded at $624.518 million in 2023, marking a nearly 100% increase from the previous year’s $316.995 million.
Overall exports to Italy amounted to $1,151.448 million during the review period, a rise from $1,087.434 million in 2022. Italy ranks first among European countries in terms of the number of machinery and equipment companies, holding a strong position as a world leader in machinery and mechatronics with 60,000 functional units. FPT Industrial, a major player in the powertrain sector, is part of the Iveco Group, which manufactures powertrains for on-road, off-road, marine, and power generation applications.
The ceremony also featured the President of the Pakistan Society of Agricultural Engineers and the Country Head of CNH Industrial, which has successfully operated in Pakistan for over two decades. CNHI Pakistan serves as a testament to the success of Italian technology in the country and has been instrumental in promoting mechanization in various sectors. Giurdanella expressed hopes for the continued presence of FPT in Pakistan for decades to come and aspirations for other sister companies under the Iveco Group to tap into the country’s true potential.
