India and Israeli startups can collaborate in areas such as cybersecurity and medical devices to boost innovation ecosystem, Commerce and Industry Minister Piyush Goyal said on Friday. He said one of the key elements of the proposed trade agreement between the two countries will be technology and innovation collaboration. "We can collaborate with Israel to promote our own startup ecosystem, which we are aspiring to take it to the levels of deep tech and high quality innovation at competitive prices, given the economies of scale that India has to offer," Goyal told reporters here. The minister is here to hold bilateral trade talks with his Israeli counterpart Nir Barkat. Goyal is leading a 60-member business delegation here. "We are looking at deep partnership with Israel who has one startup with every 1,000 people," he said. Israel has converted adversity into opportunity and their agriculture requirements and modern technologies developed in the field for health and climate chang
Speaking at the India-Israel Business Summit in Tel Aviv, Goyal also addressed the recent challenges faced by Israelis, referring to the October 7 Hamas attack and hostilities that followed it
A proposed free trade agreement (FTA) between Israel and India will open up significant business opportunities for industries in both countries and boost bilateral trade and investment flows, Israeli Economy and Industry Minister Nir Barkat said. He said that the two countries have signed terms of references (ToRs) on November 20 here to start negotiations for the agreement. Barkat said that both counties have decided not to include sensitive areas in the FTA negotiations. "Huge opportunities are there to boost trade and investments between the two countries. We are going to see huge growth in business," Barkat told PTI. He added that a lot of Israeli companies are interested in opening up subsidiaries in India, which can act as a gateway to Asia for them. "People are now understanding that there are big opportunities (in India) because India's tomorrow is not the India of yesterday," he said, adding India is well positioned to compete with China. The elements of ToRs include mar
India and Israel on Thursday inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, Commerce and Industry Minister Piyush Goyal said. The ToR include market access for goods by eliminating tariff and non-tariff barriers, investment facilitation, simplification of customs procedures, increasing cooperation for innovation and technology transfer, and easing norms to promote trade in services. "We have signed the ToRs today. Now we will soon finalise the dates for starting the negotiations for that," Goyal told reporters here. Goyal is leading a 60-member business delegation to Israel. He will meet leaders and businesses to discuss ways to boost bilateral trade and investments. The TOR was signed by Goyal and Israeli Economy and Industry Minister Nir Barkat. Goyal said that the Israeli side has conveyed that they will not seek market access in sensitive areas such as dairy, rice, wheat and sugar. He also informed that Israel has come out with a ...
Piyush Goyal said India presents strong investment prospects for Israeli companies across infrastructure, manufacturing, AI and emerging tech
The progress on the proposed India-?Israel free trade agreement (FTA) is expected to be reviewed during Commerce and Industry Minister Piyush Goyal's three-day visit to Tel Aviv this week, an official statement said on Wednesday. The minister is leading a 60-member business delegation to Israel, where he would hold discussions with leaders and businesses on ways to boost bilateral trade, investments, and promote innovation. The visit would conclude on November 22. "Progress on the proposed India-?Israel FTA is also expected to be reviewed," the commerce ministry said. India and Israel are negotiating the agreement since May 2010. Eight rounds have been held so far. In October 2021, the two countries agreed to resume the negotiations. During 2024-25, India's exports to that country dipped 52 per cent to USD 2.14 billion from USD 4.52 billion in 2023-24. Imports, too, fell 26.2 per cent to USD 1.48 billion last fiscal year. India is Israel's second-largest trading partner in Asia. .
Palestinian officials shed light on the challenges of postwar reconstruction
India and Israel on Tuesday explored ways to build a global approach of "zero tolerance" to combat terrorism and enhance cooperation in areas of trade, infrastructure and connectivity even as New Delh
As per the Ministry of Defence, the delegation led by Singh aimed at strengthening Atmanirbhar Bharat initiative
The MoU outlines a wide range of areas for cooperation, including strategic dialogues, training, defence industrial partnerships, and capability development
India and Israel on Tuesday signed a defence pact that will facilitate sharing of advanced technologies and promote co-development and co-production of key weapon systems and military hardware, in a major move to further bolster their already robust strategic ties. The Memorandum of Understanding (MoU) was signed in Tel Aviv following a meeting of India-Israel joint working group (JWG) on defence cooperation. The MoU on defence cooperation was signed to provide a "unified vision and policy direction to deepen the already strong defence cooperation between the two countries," the defence ministry said. "India-Israel defence partnership is long-standing based on deep mutual trust and shared security interests," it said. The ministry said a wide range of areas for cooperation have been identified in the MoU that will benefit both countries. "Important fields include strategic dialogues of mutual interest, training, defence industrial cooperation, and capabilities including science an
India and Israel should work together to build a global approach of "zero tolerance" in combating terrorism, External Affairs Minister S Jaishankar said on Tuesday. He made the remarks at a meeting with his Israeli counterpart Gideon Sa'ar. "Our two nations face a particular challenge from terrorism," Jaishankar said. "It is essential that we work towards ensuring a global approach of zero-tolerance towards terrorism, in all its forms and manifestations," he said. The Israeli foreign minister landed in New Delhi on Monday night on a three-day visit.
Two years since the Hamas attack, Israel has successfully targeted the group's leadership across West Asia, Reuven Azar said
India and Israel move from a secretive beginning to a close strategic relationship
Modern versus conventional war systems
The two leaders met for three hours at Netanyahu's West Jerusalem office and later addressed the media in a joint news conference
PM Modi spoke to Qatari Amir Sheikh Tamim, condemning attacks in Doha and backed Qatar's sovereignty. He also reaffirmed India's support for peace, stability and dialogue in the region
From April 2000-2025, India's total overseas direct investment in Israel amounted to $443 mn, while Israel's foreign direct investment in India reached $334.2 mn between April 2000 and March 2025
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Under a bilateral framework agreement signed in November 2023, a total of 6,774 Indian workers went to Israel for work as of July 1 this year, the government informed Parliament on Thursday. This was revealed by Minister of State for External Affairs, Kirti Vardhan Singh, in a written response to a query in Rajya Sabha on the total number of labourers recruited from India by Israel consequent to the outbreak of the Israel-Hamas conflict in October 2023. Singh said that during the ongoing conflict, "one Indian agriculture worker was killed in an attack from Lebanon in March 2024". "Three Indian nationals were injured, one in rocket fire from Gaza on October 7, 2023, and two more in an attack from Lebanon in March 2024," the minister said. The government said it accords highest priority to the safety, security and well-being of Indian nationals abroad, including Indian workers. In 2022, India and Israel commenced negotiations on a bilateral framework agreement for Indian nationals t