Ahead of the visit, which is likely to take place in July, Israeli envoy Daniel Carmon said it will be a "big" visit, reflecting the depth of cooperation between the two countries in a range of key areas.
The much-awaited deal for Barak-8 air defence missile systems for the navy and procurement of Spike anti-tank missiles for the Indian Army are expected to be firmed up during Modi's visit to Tel Aviv.
Modi's visit coincides with the establishment of 25 years of diplomatic relations between the two countries.
A number of other defence deals are also likely to be discussed.
Asked about specific defence deals, the envoy only said the relationship has gone beyond buying and selling and that the two countries are now focussing majorly on joint research and development.
People familiar with defence relations say the two multi-billion dollar acquisition deals are likely to be finalised during the PM's trip.
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.
In February, India had cleared a Rs 17,000 crore deal for jointly developing with Israel a medium-range surface-to-air missile (MR-SAM) for the army. A formal announcement on the deal is likely to take place during Modi's maiden trip.
"We are really talking about things which are very very deep. Much deeper than the deliverables," he said.
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
