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Commercial Wing
 
India Connect- May -July 2017
 
PM Shri. Narendra Modi's historic visit to Israel
In a historic first-ever visit, Indian Prime Minister Narendra Modi visited Israel from July 4-6, 2017. He held official meetings with President Reuven Rivlin, PM Netanyahu, and leader of the opposition Issac Herzog. PM Netanyahu hosted a private dinner for PM Modi on July 4 and also accompanied the visiting PM throughout the visit. The two countries signed seven MOUs during the visit. This included one to create a US $ 40 million India -Israel Industrial R&D and Technological Innovation Fund, one in the field of agriculture, two in the field of water and three in the area of space cooperation. Both Prime Ministers addressed the first meeting of the newly formed India-Israel CEO Forum in Tel Aviv on July 6 and also witnessed a start up exhibition showcasing Indian and Israeli technologies. PM Modi also visited the Danziger flower farm where he also saw various agricultural technologies, as well as Olga beach where he was demonstrated the GAL mobile water filtration plant. In Haifa, he visited the Indian cemetery where he paid tribute to the Indian soldiers who had laid down their lives in WW-I while liberating the city. His other engagements included a visit to the Israel Museum, a meeting with the three Pravasi Bharatiya Awardees and an interaction with select Indian students from different Israeli Universities. Prime Minister Modi also addressed the Indian community in Israel on July 5 in a massive event that saw the participation of almost 8,000 people.
 
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PM Modi addressed the Indian Community in Israel
Prime Minister Narendra Modi addressed the Indian community in Israel on July 5 in a massive event which saw the participation of almost 8,000 people. During his address, the PM highlighted the contributions of the Indian Jewish community to India and projected their centuries-old links with India. PM Modi also hailed the importance of Indian citizens in Israel. During the historic address, PM also announced a change of rules to permit issue of OCI cards to those Israeli nationals who have done only minimum compulsory military service as well as the decision of the Government of India to open of an Indian Cultural Centre in Israel. The PM's address was preceded by a colorful cultural performance. We would also like to apologize to all those who faced difficulties at the entrance of the Convention centre on July 5, due to last minute changes made by local security agencies.
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The 1st India-Israel CEO's forum meeting in Tel Aviv
 
The India- Israel Business Leaders Forum gathered for the first time on July 6 with the objective of developing a roadmap for strengthening bilateral business and economic relations through cooperation and mutually beneficial contacts and partnership between the two countries. The Forum addressed issues pertaining to the enhancement of trade and investment between India and Israel, promotion of business alliances and possibilities for collaboration between Indian and Israeli companies and Identification of sectors of mutual interest. India-Israel Business Leaders Forum had Co-chairpersons; and consisted of 18 members from each side which presented their conclusions to both PM's in Tel Aviv.
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India and Israel @ 25: Reshaping Industry Seminar
A business seminar titled " India and Israel @ 25: Reshaping Industry" was held at Tel Aviv University on 17th of May. The Event was organized by the Embassy of India in collaboration with Tel Aviv University and was inaugurated by Ambassador of India H.E Pavan Kapoor, Professor Raanan Rein Vice President, Tel Aviv University, Mr. Israel Makov Chairman, Sun Pharma. Other prominent speakers were Mr K R S Jamwal Director General, Tata Industries, Mr Eli Tidhar Partner, Deloitte Israel, Mr. Krishnakumar Srinivasan, President, Strategic Business, Bharat Forge, Dr Giora Yaron, Chairman of the Executive Council, Tel Aviv University, Prof. Yosi Shacham-Diamand, Department of Solid Mechanics, Materials and Systems, School of Electrical Engineering, TAU.
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Cyber Week at TAU
An India-Israel cyber roundtable titled "Cyber Policy & Regulation The Challenges and Opportunities" was held on June 25 as a part of the  TAU Cyber Week (June 25-29). The event was inaugurated by Ambassador of India H.E Pavan Kapoor.  A 55 CII members delegation of various companies and Israel's top cyber companies discussed the means to increase collaborations in the cyber sector. The event was followed by a reception event organized jointly by the Embassy of India and TAU.
 
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India – Partner country in ISDEF Exhibition
 
Ambassador of India Pavan Kapoor inaugurated the Indian pavilion at ISDEF 2017. India was a partner country for ISDEF (leading defence exhibition expo in Israel). More than 50 Indian defense companies were showcased at the 8th International Defense and Homeland Security Expo (ISDEF) in Tel Aviv on June 6-8 to mark the 25th anniversary of diplomatic relations between India and Israel. 
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International Yoga Day celebrations in Rabin Square
The Embassy of India celebrated the 3rd International Yoga Day in collaboration with the Ministry of Culture and Sports, Ministry of Tourism, Ministry of Foreign Affairs, and Tel Aviv Municipality on a large scale at the prestigious Rabin Square on the 21st of June, 2017. Various yoga organizations viz. Ashtanga Yoga, Iyengar Yoga, Tri Yoga, Shivananda Yoga, Yoga for Children, Viniyasa Yoga and Acro Yoga held yoga sessions during the event. Dr. Rohit Sabharwal, from the 'Art of Living' performed the common yoga protocol with his team. Special messages for the Yoga Day from the honorable Prime Minister of India and the President of Israel were screened. H.E. Pavan Kapoor, Ambassador of India to Israel, Dr. Anju Kumar, DCM, Deputy Mayor of Tel Aviv Municipallity, Director, Israeli Ministry of Culture and Sport and an official from the Israeli Ministry of Foreign Affairs, inaugurated the event with the traditional ceremony of lighting of lamps. The event concluded with a cultural programme of Bharatnatyam dance, Israeli Folk dance, and dance performance by Indians in Israel.
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Indian parliamentary delegation visit to Israel
The Parliamentary delegation, led by MOS S.S Ahluwalia, met Knesset Speaker Yuli Edelstein and discussed ways to strengthen parliamentary interactions between India and Israel on June 4. The delegation also interacted with Ambassador Alon Ushpiz, additional DG at the Israeli Ministry of Foreign Affairs, and other Israeli officials and exchanged ideas on various aspects of bilateral relations.
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Indian Navy Ships docked In Haifa
 
Three Indian Navy warships arrived at Haifa Port on May 10 for a three-day visit as part of that nation’s overseas deployment to the Mediterranean Sea and West Coast of Africa. The task group is headed by R.-Adm. R.B. Pandit, the flag officer commanding the Western Fleet, who is flying his flag on the Mumbai. During their stay, the Indian forces engaged extensively with the Israel Navy, including both professional and social engagements. This is the eighth time Indian ships have docked at an Israeli port, with the first in 2000.

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Ayurveda Seminar in Tel Aviv
The Embassy is keenly exploring the possibilities of promoting Ayurveda as a complementary system of medicine. With our efforts and inclination of Sorousky Medical Centre in Tel Aviv hospital, an MoU of cooperation on Ayurvedic research and applicability was signed. Thereafter, several meetings were organized by us with the departments of Integrative medicines in almost all Israeli hospitals and Health Maintenance Organizations to gauge the interest. Once assured of the significant potential, the Embassy organized a Seminar on Ayurveda on the 8th of May, 2017. The event, which saw significant participation of medical practitioners of complementary medicine, HMOs and local practitioners of Ayurveda, was inaugurated by Dr. Anju Kumar, C'dA. Mr. R. C. Aggarwal, DY. Director General, Ministry of AYUSH, and Professor Vd. K. S. Dhiman, Director General, CCRAS, gave the medicinal and official perspectives on promotion of Ayurveda. Other prominent speakers were Dr. Moshe Tzvi Neuman, President & CEO, Bio-Medical Research Design Ltd., and Dr. Shahar Lev Ari, Director, Center of Complementary and Integrative Medicine, Institute of Oncology, TASMC.
 
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Indian Economy will grow by 7.2%
World Bank says India will grow 7.2% in FY18. The Bank has projected economic activity to accelerate to 7.2% in 2017-18 against the government’s estimate of 7.1. In later years, growth is projected to accelerate gradually to 7.7% by FY20, underpinned by a more meaningful recovery in private investment following the recent push to accelerate infrastructure spending, concerted efforts to improve the business climate and (eventually) less leveraged corporate and financial balance sheets “crowdin” the private sector, the Bank said.
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Internet users in India to double to 829 mn by 2021
Internet users in the country will double by 2021 to 829 million users from 373 million users in 2016, driven by digital transformation according to a recent report. This means roughly 59 per cent of the Indian population will use the internet. Also, there would be two billion networked devices in 2021 up from 1.4 billion in 2016. Overall IP traffic is expected to grow 4-fold during the same period of five years at a compounded annual growth rate of 30 per cent, the Cisco Visual Networking Index(VNI) Complete Forecast said.
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For comments, suggestions, economic information and business opportunities, please contact the Embassy's Commercial Section:
 
--Dr. Anju Kumar, Deputy Chief of Mission and Head of the Commercial Wing [email protected]
 
-Ms. Shayela Israel, Trade Officer
-Ms. Nitzan Bitan, Commercial Officer
-Mr. Yakir Dahari, Marketing Officer
140 Hayarkon St., P.O.B 3368, Tel-Aviv 61033, T: 03-5291999, F: 03-5291952
 

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