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Diplomatic ties between India and Israel were formally established in 1992.

Israel opened its Embassy in New Delhi in February and in May, India opened its Embassy in Tel Aviv. Since then, the bilateral relationship between the two countries has blossomed at the economic, military, agricultural and political levels. 

    • India and Israel celebrated 30 years of the upgradation of bilateral ties to full diplomatic relations in 2022-23. On January 11, 2023, India's Prime Minister Narendra Modi and Israel's Prime Minister Benjamin Netanyahu held a telephone conversation and discussed on the cooperation between the two countries.

    • The 15th India-Israel Forum, a Track 2 dialogue, was held in New Delhi in December 2022.

    • Deputy Prime Minister & Defence Minister of Israel Lt. Gen. (Ret) Benjamin Gantz visited India from June 1-3, 2022. On November 2, 2021, Prime Minister Modi and Israel's then Prime Minister Naftali Bennett met on the sidelines of the U.N. Climate Change Conference (COP 26) in Glasgow, UK.

    • In the last 30 years, India and Israel have signed a number of agreements to strengthen economic cooperation. From agreements to encourage and protect investments to space cooperation agreements, Israel and India are working hand in hand for the benefit of the two countries. 

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    • Agreement on Health Cooperation: On 21 December 2020, India and Israel signed an Agreement on Cooperation in the fields of Health and Medicine. 

    • Prime Minister Modi undertook a historic first-ever visit to Israel by an Indian Prime Minister on July 4-6, 2017, during which the relationship was upgraded to a strategic partnership. PM Benjamin Netanyahu made a return visit to India on January 14-19, 2018. 

    • An MoU has been signed between Israel's Start-Up Nation Central and India's International Centre for Entrepreneurship and Technology (iCreate) to initiate a bilateral program to accelerate innovation and technology cooperation.

    • Prime Minister Narendra Modi met Israel’s Foreign Minister Eli Cohen on May 9, 2023 and discussed ways to deepen cooperation between the two countries.

    • Minister of Economy Nir Barkat travelled to India from April 16 to April 19 2023 with a large business delegation to strengthen bilateral ties in common areas of interest, automotive technologies and fintech.
       

    • India has become one of Israel’s largest trading partners. Many of the world’s leading high-tech companies in Israel and India are forging joint ventures that are successfully competing in the international marketplace.

    • IN FY22-23, bilateral trade stood at $10.89 Bn

    • FDI inflows from Israel between April 2000 - September 2023 were reported at $286.15 Mn. India is Israel's second-largest trade partner in Asia and the ninth-largest globally. 

       

    • Indian Potash limited (IPL), under Department of Fertilizers, Ministry of Chemicals and Fertilizers signed an MoU with Israel Chemicals Limited (ICL) for the supply of Muriate of Potash (MOP) for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT on 21 March 2022 in Nirman Bhawan, New Delhi.

    • Major exports from India to Israel include pearls and precious stones, chemical and mineral products, machinery and electrical equipment, textile and textile articles, plastics, rubber, plants and vegetable products, mineral products, rubber and plastic products, base metals and transport equipment.

    • Major exports from Israel to India include pearls and precious stones, chemical and mineral products, machinery and electrical equipment, base metals, defense, machinery and transport equipment.

    • As a result of a strengthened relationship between the two countries, the State of Israel and private universities offer scholarships to Indian students in the country. From undergraduate and graduate to doctoral and post-doctoral programs, a variety of universities throughout Israel seek to encourage Indian students to acquire their higher education in Israel.

    • There are about 18,000 Indian citizens in Israel, primarily caregivers employed by Israeli elders to take care of them, diamond traders, I.T. professionals and students. Approximately 900 Indian students are studying in 
      Israel, mainly at the doctoral and post-doctoral levels. 

    • Annual Conventions are hosted for the Indians living in Israel and the 'Know India' Programme has been effective in binding the Indians in Israel to their culture. Cultural influences are also reflected in the entertainment industry, from music artists to film producers, with cooperation between the two countries creating original content.

    • Since 2018, the Indian airline 'Air India' has begun operating direct flights from New Delhi to Tel Aviv. In addition, the company is considering opening another line that will connect Tel Aviv to Mumbai. This reflects a strong emerging connection between the two countries.

Invest in Israel

Invest in Israel, an arm of the Foreign Investments and Industrial Cooperation Authority, oversees the promotion of foreign investment and management offset in Israel. It is the one-stop-shop for potential and existing investors to identify lucrative investment opportunities, map potential obstacles and get fast-track and support projects.

  • Ziva Eger Chief Executive of Foreign Investments and Industrial Cooperation Authority
  • Eyal Eliezer Director, Marketing and Strategy
  • Alex Gamarnik Director, Government Relations
  • Gilad Beery Director, Economic Research and Analysis
  • Aviad Tamir Director, Life Science and Healthcare
  • Olga Trabstein Director, Automotive and Transportation
  • Omer Fried Marketing Assistant
  • Tal Gelbert Assistant to Director of Economic Research and Strategy
  • Tal Michael Assistant to Director of Life Sciences and Healtcare

Invest in India

Invest India is the National Investment Promotion and Facilitation Agency of India, constituted under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. Invest India acts as the first point of reference for investors looking for investment opportunities in India.

  • Astha Tyagi
    Astha Tyagi Vice President
  • Sabhyata Verma
    Sabhyata Verma Principal Investment Specialist
  • Romil Ravi
    Romil Ravi Principal Investment Specialist
  • Gautam Gambhir
    Gautam Gambhir Investment Specialist
  • Shreya Mishra
    Shreya Mishra Investment Specialist
  • Hardik Singh
    Hardik Singh Investment Specialist
  • Divya Bist
    Divya Bist Investment Specialist
  • Arushi Tandon
    Arushi Tandon Investment Specialist

Investments

Israel in India

Prominent Investments

  • Water-gen

    Watergen is an Israel domiciled company that has developed the technology to convert air to water, effectively creating a new… Read more

  • TEVA

    Through successful facilitation, Invest India was able to help TEVA avoid two major production cuts in the months of July and… Read more

  • Mellanox

    Invest India was able to successfully assist Mellanox in the expedited dispatch of critical shipments stuck at Mumbai Customs.… Read more

  • Dan Hotels

    Dan Hotels

    Israeli Hospitality Chain Dan Hotels Opens Doors in Bengaluru.  Co-founded in 1947 the luxury hospitality chain, the Tel Aviv-… Read more

Recent Investments

  • Net-Translators expands to Asia with new office in India

    Net-Translators, a leading provider of professional translation and localization services recently… Read more

  • Sarine Tech opens their lab in India

    Sarine Technologies has opened its Tech lab in Mumbai, offering a full range of grading and… Read more

  • Avgol Nonwovens

    Avgol Nonwovens, a leading manufacturer of non-woven fabric solutions, recently established its… Read more

  • NeoLync

    NeoLync

    Israel firm NeoLync, incorporated in India as UTL Neolync in 2019, was approved for PLI for Large Scale… Read more

  • Rivulis Irrigation Ltd.

    Rivulis Irrigation Ltd.

    Rivulis is a leading provider of drip irrigation solutions, helping growers bring water to the plant in… Read more

India in Israel

Prominent Investments

  • NaanDanJain Irrigation

    NaanDanJain Irrigation Ltd. is a global producer and provider of tailor-made irrigation solutions. The company designs high-… Read more

  • Wipro - Givon

    Since 1970, 'Givon' has been the innovator of 'Concept to Product' machining for aviation, commercial and hi-tech industries. The… Read more

  • Larsen & Toubro Icon

    Larsen & Toubro

    L&T Israel has established a Center of Excellence in Jerusalem in 2017. The Center develops and delivers end to end ASIC… Read more

Recent Investments

  • Lohia Group

    Lohia Group buys Light & Strong

    India's Lohia Group has entered into aerospace & defense sector by acquiring Israeli… Read more

  • L&T leases Jerusalem offices

    L&T Technology Services Ltd, the engineering service subsidiary of Mumbai-… Read more

Sectors

Sectoral Opportunities in Israel

  • Aerospace
    Aerospace

    Israeli technologies are integrated into the world’s most advanced fighter aircraft, including the Lockheed Martin F-35 and F-16, the Boeing F-15 and F/A-18, the Eurofighter Typhoon, and more.

  • Automotive
    Automotive

    World class automotive brands are turning to Israel to develop cutting edge auto parts and progressive design technologies to equip their latest models.

  • Health and Life Sciences
    Health and Life Sciences

    Israel is ranked 1st for Medical Device patents and 2nd for Medical Device solutions per capita.

  • High-Tech and Semiconductors
    High-Tech and Semiconductors

    The Israeli High-Tech ecosystem is considered one of the world’s most innovative digital environments.

Sectoral Opportunities in India

  • Defence
    Defence

    India has the 2nd largest armed forces. GOI aims to achieve a turnover of $25 Bn including exports of $5 Bn in Aerospace and Defence goods and services by 2025.

  • Healthcare
    Healthcare

    Healthcare industry in India comprises of hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. India is set to become the global hub of medical technology and devices with the market size estimated to grow up to $50 Bn by 2050 from the present $11 Bn.

  • IT & BPM
    IT & BPM

    India ranks first in Global FinTech as well as IT-BPM outsourcing distribution. Digital economy and its percentage in total economy of India was 3% and 3.5% in 2014 and is 10% today and is expected to reach almost 20% by 2020-26 of India’s GDP. 

  • Pharmaceuticals
    Pharmaceuticals

    India is the 3rd largest pharmaceuticals industry in the world by volume. The industry is expected to reach $65 Bn by 2024, and $130 Bn by 2030.

  • Textiles
    Textiles

    India is the 2rd largest exporter of Textile and Apparel globally. The Indian textile and apparel exports stood at $44.4 Bn in FY22 and are expected to reach $350 Bn by 2030.

Useful Links

Any Queries?

Connect with Invest in Israel @ +972-2-6662449

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Any Queries?

Connect with Invest India @ +91-11-23048155

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