Top business leaders, industrialists, and prominent entrepreneurs from India and Israel attended a special session in Delhi to discuss the emerging opportunities for trade collaborations between both countries.

Celebrating 30 years of friendship and bilateral relations, the session hosted by the Embassy of Israel in India saw the business leaders discuss potential areas of cooperation and scope for public-private partnerships.

“Israel and India are natural partners and both share an appetite for technological innovation. This is evident from the fact that Indian and Israeli companies are collaborating and developing cutting-edge technologies together,” said Naor Gilon, the Ambassador of Israel in India.

During the session, Natasha Zangin, who heads the Economic and Commercial Mission at the Israeli embassy in the Indian capital, presented the goals and activities of the mission which promotes, enhances, and facilitates trade, investment, and industrial R&D between Israel and India.

The overall session presented the growing business opportunities between both countries. The bilateral trade between the two nations was over $6 billion in 2021.

Facilitating dialogue and networking between the Indian and Israeli companies and entrepreneurs, the session also witnessed the participation of Israeli and Indian speakers, who are high-level experts in the fields of technology and innovation.

Some of these speakers joined the session virtually from Israel. They shared their thoughts and experiences about the Israeli ecosystem for innovation, Israel-India economic partnership, and growth opportunities for Israeli companies in India.

Also Read: After I2U2 summit, could Blue Economy fuel Asia’s rise?