Institute found in Italy and maybe another country (5)

I believe the answer is:

india

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'another country' is the definition.
'india' can be an answer for 'country' (India is an example). I am not certain of the 'another' bit.

'institute found in italy and maybe' is the wordplay.
'institute' becomes 'i' (common abbreviation as in MIT).
'found in' indicates putting letters inside.
'italy' becomes 'i'.
'maybe' indicates anagramming the letters.
'i'+'and'='iand'
'iand' is an anagram of 'inda'.
'i' placed inside 'inda' is 'INDIA'.

Can you help me to learn more?

(Other definitions for india that I've seen before include "Territory" , "Second-most populous country" , "Bollywood's country" , "Eastern region" , "Big country" .)

I've seen this clue in The Independent.

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