I also like playing Italy. I’d be interested in more details about a strategy that enables so many huge gains early in the game. That might help with suggestions for what to do in later rounds.
Italy is a reaction country. What I mean is everything depends on what the Uk does the turn before. With that being said my main goal as italy is to double Italy IPC and you can do that by collecting NOs (clearing Med and capturing Greece, Southern France, and Gibraltar). I always ask the Germany player to put a fighter in southern italy so i have the ability to scramble 3 fighter for when Uk does a Taranto raid.
It is easy to take territory in africa but it can come back to bite you. I also ask the germany player to give me southern france (which you can take with N Italy troops) adn bulgaria for the extra IPC adm troops. I relocate my airforce to Tobruk so i can use it to Egypt. If yo have any navy left a Navel Bomdarment is nice to use. After that its about holding off untill Germany captures the rest of the VP needed to win