Speaking at a conference organised by the UIL trade union, Conte said the government needed to "redefine" tax incentives in favour of green, digital investments of the future, adding "we must support the worst affected industries such as automotive and tourism".
Italy has registered 27,682 coronavirus deaths, the highest tally in Europe, and has introduced some of the toughest lockdown measures in the world, which look certain to tip the fragile economy into a deep recession.
Italy has unveiled a record 400 billion euro (USD 430 billion) stimulus to help businesses hurt by a month-long national lockdown that is like to run on for many more weeks.
The Taranto plant in the south of Italy is mired in controversy because experts believe that some 7,500 people have died in the surrounding area as a result of diseases linked to toxic emissions
"A warm welcome to the Italian Prime Minister, Mr. Giuseppe Conte in India. I look forward to meeting him and to participate together at the Tech Summit later today," Modi tweeted in English and Italian.