Italy was still under the limits of the international naval treaties, which forbid them from building capital ships for export. The best you can do is share a design with a power that wants to build them on their own, as was done with the Soviets. Which actually reminds me, I need to add to this post with some of the information about the designs beyond UP.41 now that we have a bit more information on them.
Erm, no. The Treaty system did not forbade building capital ships for export; it forbade requisitioning export-build ships for builder's own fleet. Selling ships from you fleet was also forbidden; but you could build ships for non-treaty customers provided that they would be in strict adherence to size & main guns limits.
 
Here are the specific WNT articles considering export:

Article XV​

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No vessel of war constructed within the jurisdiction of any of the Contracting Powers for a non-Contracting Power shall exceed the limitations as to displacement and armament prescribed by the present Treaty for vessels of a similar type which may be constructed by or for any of the Contracting Powers; provided, however, that the displacement for aircraft carriers constructed for a non-Contracting Power shall in no case exceed 27,000 tons (27,432 metric tons) standard displacement.

Article XVI​

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If the construction of any vessel of war for a non-Contracting Power is undertaken within the jurisdiction of any of the Contracting Powers, such Power shall promptly inform the other Contracting Powers of the date of the signing of the contract and the date on which the keel of the ship is laid; and shall also communicate to them the particulars relating to the ship prescribed in Chapter II, Part 3, Section I (b), (4) and (5).

Article XVII​

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In the event of a Contracting Power being engaged in war, such Power shall not use as a vessel of war any vessel of war which may be under construction within its jurisdiction for any other Power, or which may have been constructed within its jurisdiction for another Power and not delivered.
 

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