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. 

    • In recent years there is a renaissance in Israel-India relations. The rapprochement with the relationship is reflected in the growing connections between the business sector in India and Israel. Furthermore, both the countries have seen 23 bilateral Ministerial visits between 2015-19. 

    • Israel's Prime Minister Benjamin Netanyahu visited India in January 2018 and met with the Hon'ble Prime Minister of India. This visit, which occurred about six months after the Indian PM visited Israel, marked 25 years of the establishment of diplomatic relations between the two countries.

    • In the last 20 years, India and Israel have signed a series of agreements to strengthen economic cooperation. During the Israeli PM’s visit to India, 4 G2G agreements on cyber security, oil & gas, film co-production and air transport were signed, along with 5 other semi-government agreements.

    • 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 tough international marketplace.

    • India's exports to Israel amounted to $3.7 bn while imports from Israel stood at $1.9 bn during 2018-19. Exports to Israel in the last decade have grown by 146%.

    • Bilateral FDI between Israel and India is estimated to be over $1 bn.

    • With 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.

    • 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.

Prominent Investments

Israel in India

Water-gen

Water-gen is an Israel domiciled company that has developed the technology to convert Air to Water effectively creating a new industry of Atmospheric ...Read more

TEVA

Through successful facilitation, Invest India was able to help TEVA avoid two major production cuts in the months of July and August at the company’s ...Read more

Mellanox

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

India in Israel

NaanDanJain Irrigation

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

Wipro - Givon

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

Larsen & Toubro

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

Investible Projects

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    $209.09 bn

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    872

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    District

    682

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    Private Projects

    205

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    Govt. Projects

    4659

Recent Investments

Lohia Group buys Light & Strong

India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd specializing in aerospace and military carbon fiber and glass fiber composite components production.

Net-Translators expands to Asia with new office in India

Net-Translators, a leading provider of professional translation and localization services recently opened their new office in Gurugram. Through this, the company aims to ensure highest-standards in translations, localization, quality control, etc. 

Sarine Tech opens their lab in India

Sarine Technologies has opened their Tech lab in Mumbai, offering a full range of grading and documentation services. This is their second lab globally, following opening up of their first lab in Ramat Gan, Israel earlier this year.

L&T Leases Jerusalem Offices

L&T Technology Services Ltd, the engineering service subsidiary of Mumbai-headquartered conglomerate Larsen & Toubro Ltd, has leased over 24,700 square foot of office space in Jerusalem’s Har Hotzvim industrial area.

Watson Pharma leases 100,000 sq. ft. space in Mumbai

Global pharmaceutical major Teva’s arm Watson Pharma had rented 105,000 sq. ft. of office space in Larsen & Toubro Realty’s office complex in Navi Mumbai.

Mellanox forays into India with full fledged presence

Mellanox Technologies, leaders in data center Ethernet Interconnect solutions, introduced their Open Ethernet Switch ‘SPECTRUM’, ConnectX-4 Lx Ethernet Adapter and the LinkX family of Ethernet Cables and Transceivers to the Indian market.

Avgol Nonwovens

Avgol Nonwovens, a leading manufacturer of non-woven fabric solutions, recently established its manufacturing facility in Mandideep, Bhopal, to undertake non-woven fabric production.

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. 

Key Functions

  • One-stop-shop for potential and existing investors to identify lucrative investment opportunities, map potential obstacles and help fast-track and support projects
  • Works with government ministries, local authorities, tax authorities, and planning and building commissions
  • Helps investors navigate regulatory framework and receive the benefits to which they are entitled
  • Works with multinational corporations, private investors, investment funds and foreign suppliers to forge close business-ties and promote long-term local market activities

Team Advantages

  • Networking with key companies

  • Foreign investment promotion

  • Project management

  • Hand holding assistance

  • After-care services

Sectoral Opportunities in India

  • Defence

    • 2nd  

      largest armed forces in the world with 1.3 mn active personnel

    • 5th

      largest defence budget in the world at $ 44.4 bn

      • Contributes 3.3% to global military expenditure
      • Defence exports to a total of 18 countries amount to $ 668 mn
      • One of the largest importers of conventional defence equipment
      • Among the top three importers of arms, with a total import of more than $ 2.5 bn worth of arms in 2016
    Visit Sector 6Investible Projects
  • Food Processing

    • 2nd 

      largest producer of fish

    • 2nd

      largest producer of horticulture crops

    • $482 bn

      Expected value of Indian food and retail market by 2020

      • Largest producer of milk
      • Largest producer, consumer and exporter of spices 
      • Dairy industry expected to reach $ 140 bn by 2020
      • Processed food market expected to reach $ 543 bn by 2020
      • 42 upcoming Mega Food Parks under Mega Food Park Scheme
    Visit Sector 47Investible Projects
  • IT & BPM

    • $ 1.6 bn

      Annual expenditure on training workforce in the sector

    • 2nd 

      largest number of internet subscribers (more than 465 mn)

      • Largest employer within the private sector, employing 3.9 mn people
      • Presence of more than 16,000 IT firms
      • IT & BPM are the largest contributor to the total exports
    Visit Sector 260Investible Projects
  • Smart Cities

    • 100

      targeted Smart Cities by 2020

    • 3rd

      largest construction market globally by 2025

      • The Government of India launched Smart Cities Mission in June 2015 with an aim to develop 100 smart cities by 2020
      • Smart Cities expected to cover around 35% of the urban area and benefit about 130 mn people 
      • 60 cities shortlisted for implementation of Smart Cities Mission
      • Smart Cities Mission Statement & Guidelines released in June 2015
      • The Government of India plans to develop lighthouse projects (Area-based Development) within each city’s compact areas for further replication across the cities
    Visit Sector 1013Investible Projects

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Invest India

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  • Great Place to Work Certification by GPTW Survey 2019
  • The UNCTAD Award 2018 for promoting investment in sustainable development
  • Great Place to Work Certification by GPTW Survey 2018
  • Best Investment Project Award three years in a row - 2016, 2017 and 2018 at the Annual Investment Meeting (AIM) organized by the Minist…
  • Investment Award 2016 from the Indian Ocean Rim Association (IORA)
  • United Nations Conference on Trade and Development (UNCTAD) Investment Promotion Award 2016 for excellence in partnering for investment…