India had established full diplomatic relationship with Israel in 1992 though it had recognised the country in 1950.
"Both the governments are contemplating to hold a series of events on a variety of subjects to celebrate the occasion in a befitting manner," the External Affairs Ministry said in a statement.
The ties between the two countries are on an upswing, particularly in areas of defence and agriculture.
India is the largest buyer of Israel's military hardware and the latter has been supplying various weapon systems, missiles and unmanned aerial vehicles over the last few years but the transactions have largely remained behind the curtains.
It said both the countries are committed to further deepening and diversifying the relation in many areas including those of space, science and technology, education and innovation.
Israeli President Reuven Rivlin had visited India in November during which both sides had decided to "broadbase" their already close defence partnership.
There were indications that Prime Minister Narendra Modi may visit the country sometime this year.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
