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| India, Israel corporate honchos to begin four-day meet today |
| Sanjay Jog / Mumbai Jun 19, 2011, 00:16 IST |
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India and Israel, who are currently working closely in the field of homeland and border security, anti-terror applications, for a change, would explore opportunities of cooperation and discuss financing models in the field of clean technologies, water and desalination and renewable energy. A select group of Indian corporates and banking honchos with their Israel counterparts would hold an interactive meeting titled ‘Gyan Milan’ in Tel Aviv from June 19-22.
The 37-member Indian delegation includes Vishakha Mulye, MD & CEO of ICICI Venture; Mohit Batra, ED, ICICI Venture; Asnanthraju, business head of Eureka Forbes; Suresh Balakrishnan, CEO of Mahindra Consulting & Engineering; Vikas Saxena, senior VP Jindal Power; Krishnadas Balan, senior representative of Ispat Energy; Devanand Paulrajan, director of Chempure Tech; Ravi Prasad Lenka; assistant vice-president, Jindal Steel & Power and Shailesn Ghorpade, MD & CEO Azure Capital Advisors.
Orna Sagiv, Israel consul general in Mumbai, who is also accompanying the delegation, told Business Standard, “Both India and Israel have launched ambitious programmes in the field of clean technologies, water, desalination, renewable energy.
During the meeting, representatives from both the countries will deliberate on cooperation in these sectors, financing and investments and modern ways of project implementation. One of the exclusive sessions will be held on demand innovation in which senior facilitators will share their proprietary approach.” She informed that criticial applications that help struggling infrastructure handle major increase in demand and services would also be discussed. Further, Orna said participants from India and Israel would also discuss critical issue of the government’s role in the green revolution and the most promising technologies being applied during project implementation and later in operation and maintenance.
The ‘Diya Milan’ is taking place at a time when Israel has proposed a massive investment of $50 billion in water and desalination and alternative technologies. Besides, India has launched national solar mission to increase solar capacity to 20,000 Mw by 2020. Moreover, some of the Indian and Israel companies have already tied up in desalination and reuse of water technologies while Israel companies are exploring options for similar tie ups with various state governments and civic bodies.
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