Bilateral meeting between Indian Space Research Organisation (ISRO) and Italian Space Agency (ASI) was held on March 03, 2021 on virtual mode. Dr. K. Sivan, Chairman, ISRO/ Secretary, Department of Space and Mr. Giorgio Saccoccia, President, ASI led their respective delegations. Both sides reviewed the on-going cooperation and agreed to form more thematic working groups to explore cooperation opportunities in earth observation, space science, robotic exploration and human exploration.