Modi, the first Indian prime minister to visit the Jewish nation, was received at the Ben Gurion airport by Netanyahu who said in Hindi, "aapka swagat hai, mere dost" (welcome, my friend).
Describing Modi as "a great leader of India and a great world leader", Netanyahu said, "we have been waiting for the last 70 years" for a visit by an Indian prime minister.
"We love India," said the Israeli prime minister who rolled out a red carpet welcome to Modi and giving him an honour which is only accorded to a US President and the Pope.
Netanyahu's entire cabinet was there to receive Modi, who was wearing a cream colour 'band gala' suit, at the airport where the Indian prime minister was also accorded a Guard of Honour.
Talking about the vast possibilities of cooperation between the two countries, he said, "We can do even more, even better together.
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