February- March 2018
Business seminar with the State Bank of India 8/2 in Tel Aviv
Embassy of India in collaboration with State Bank of India organized a joint business seminar titled “Emerging Opportunities in India” on February 8, 2018 at Sheraton Hotel, Tel Aviv. More than 100 companies and businessmen from Israel participated at the event which featured key speakers such as Dr. Anju Kumar, Deputy Ambassador and Head of the Commercial Wing of Embassy of India in Israel, Mr. R Shailesh Unnithan, CEO, SBI Tel Aviv, Mr. Vishal Gupta , SVP SBICAPS, Mr Purshotam Agarwal, VP , SBICAPS, Mr Shiv Kumar Bhasin, Chief Technology Officer of SBI.
Israeli delegation to the National Rubber Exhibition in Guwahati, India 23-25 February
Embassy of India in Israel in collaboration with ICC and the Manufacturers Association organized a 9-members delegation comprised of top Israeli rubber companies to the National Rubber Exhibition in Guwahati, India (23-25 February).
Nabard delegation in Israel
On January 24th, DCM Dr. Anju Kumar greeted the 20 members delegation from NABARD for completion of a 5 days training course organized by Weitz Center for Sustainable Development. The delegation was headed by Dr. A V Bhavani Shankar, Deputy General Manager at Bankers Institue of Rural Development.
Israeli delegation to CAPINDIA 2018
CAPINDIA 2018 was a 3 days of exhibition in Mumbai spread over 10,000 sqm. Over 700 Exhibitors covering manufacturers / exporters showcased a range of Chemicals, Plastics & Platics Machineries Consumer & Packaging Items, under the purview of CHEMEXCIL, PLEXCONCIL, CAPEXIL and SHEFEXIL on 22-24th of March 2018.
Shidav Plastica Ltd., Gas Technologies & Chemicals, Hirshberg Brothers & Co Chemicals were among the Israeli companies who participated in CAPINDIA 2018.
4th edition of Global Exhibition on Services [GES] 15-18 May 2018, Mumbai
The 4th edition of the Global Exhibition on Services (GES) will be held from 15-18 May 2018 at Bombay Exhibition Centre, Mumbai. This event would showcase over 20 services sectors and target participation from 100 countries and will host 30 knowledge sessions and thousands of B2B & B2G meetings. The GES has emerged as a key platform to showcase Indian prowess in the services space. 2. GES 2018 proposes to focus on Services sector excellence in India and to expand its global footprint. This event would showcase over 20 services sectors and shall have participation from about 100 countries and will also host 30 knowledge sessions and scores of B2B & B2G meetings. Accordingly, it will feature the following services sectors – banking & financial services, education, energy services, environmental services, exhibition & event services, facility management, healthcare, IT & telecom, logistics, media & entertainment, next-gen cities, printing & publishing, professional services, railway services, retail & e-commerce, skills, space, sports services, start-ups/SME, tourism & hospitality, wellness services and IPR services.
Incentives for Israeli companies: Return air ticket, full 5-star hotel accommodation in Mumbai, transportation etc.
Technotex - Technical textiles exhibition - June 28-29, 2018 at Bombay Exhibition Centre, Mumbai
The 7th edition of the largest exhibition on technical textiles in India i.e. Technotex
2018 is being jointly organized by the Ministry of Textiles, Govt. of India and Federation of Indian Chambers of Commerce & Industry (FICCI) during June 28-29, 2018 at Bombay Exhibition Centre, Mumbai, India. In our endeavor to mobilize more and more buyers from India and abroad to add value to the event and benefit the technical textiles industry, a Hosted Foreign Buyer Programme is intended for
organizations those are already importing technical textiles and machinery from India or looking to India as a sourcing hub for their material requirement. The organizers would welcome any delegation comprising of Agents, Consultants, Trading / Marketing organizations, Institutional Users, Direct Importers, Technology providers from Israel to attend Technotex 2018 under this Hosted Foreign Buyer Programme. It would be a good opportunity for these parties to establish linkages with the international as well as Indian companies for their current and future project requirements.
Incentives for Israeli companies: economy class air tickets, 5-star hotel accommodation and local travel and B2B meetings
India International Garment Fair - 16-18 July, 2018
AEPC organizes India International Garment Fair
in India and its next 61st edition is scheduled from 16-18 July,
2018 at India Expo Mart, Greater Noida (NCT. of Delhi), India wherein about 400 Indian garment & accessories manufacturers shall be displaying their latest collections. AEPC provides world-class
business platform to exporters & international buyers and facilitate
in enhancing apparel export business.
top buyers, chain stores and departmental stores etc. IIGF is seeking Israeli companies who are dealing in apparels or fashion accessories.
Incentives for Israeli companies: Free entry to Fair Ground, A free buyers kit along with Fair Directory, Free pick-up and drop from the airport, Complimentary shuttle service from hotel to the venue and vice versa., Complimentary snacks to the buyers during fair days, Complimentary 3 nights hotel stay has been given to the buyers through a systematic developed invitation plan., Dedicated Place in the fair venue for B2B meeting between buyers and participants, Invitation to get together organized in the hotel of stay.
India Chem Exhibition October 4-6, 2018 Mumbai
The 10th edition of India Chem is being organized by the Department of Chemicals and Petrochemicals, Government of India in association with Federation of Indian Chambers of Commerce and Industry (FICCI) during October 4-6, 2018 at Bombay Exhibition Centre, Mumbai. India Chem is the composite event on Chemicals and Petrochemicals industry in India that comprises of International Exhibition and Conference. This flagship event provides a grand overview of this fast surging major sector of the Indian economy and attracts delegates and business visitors, not only from India but also from all major chemical producing countries, thereby providing immense potential for more trade and investment in a mutually beneficial way. It also meets the objective of developing the Indian Chemical and Petrochemical Industry and to give impetus to the “Make in India” and “Swacch Bharat (Clean India)” campaign of Government of India. The event is expected to register a significant growth both in terms of space, exhibitors’ participation and potential buyer/ visitor & Investors attendance as it provides a platform for stakeholders from across the world to interact and forge alliances with Chemicals and Petrochemicals Industry.
Incentives for Israeli companies: 10% discount on card rates (given in brochure) to the Israeli companies who would like to exhibit at this event.
Indian economy to be 5th largest in 2018: World Economic League
India's economy is expected to overtake that of Britain and France to become the world's fifth largest in dollar terms in 2018 and third largest in 2032, the World Economic League Table (WELT) said on Wednesday. It would be the first time when the Indian economy will overtake the UK and France in real money dollar terms, the ninth-edition of the report released by London-based Centre for Economics and Business Research showed. The world economic league table has forecast for 192 countries up to the year 2032. The report said the Indian economy has been larger than that of the majority of Western economies for most of history. It was only in 1906 that the UK economy overtook the Indian economy, while the French economy was smaller than the Indian economy until 1951. India will become the world's third largest economy by 2032, said the report, which gave the annual growth, inflation and exchange rate forecast for each of the 192 economies over the next 15 years.
FDI policy further liberalized in key sectors
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to a number of amendments in the FDI Policy. These are intended to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. In turn, it will lead to larger FDI inflows contributing to growth of investment, income and employment. Measures undertaken by the Government have resulted in increased FDI inflows in to the country. During the year 2014-15, total FDI inflows received were US $ 45.15 billion as against US $ 36.05 billion in 2013-14. During 2015-16, country received total FDI of US $ 55.46 billion. In the financial year 2016-17, total FDI of US $ 60.08 billion has been received, which is an all-time high. It has been felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime. Accordingly, the Government has decided to introduce a number of amendments in the FDI Policy.
Cyient, BlueBird set up JV for UAV systems
India based IT company Cyient Ltd announced that it has inked a pact with Israel-based BlueBird Aero Systems to set up a joint venture to offer UAV systems for defence, paramilitary, security, and police forces in India. The agreement was inked at DefExpo 2018 in Chennai. The JV firm will indigenise, manufacture, assemble, integrate and test advanced UAV systems at its production facilities in Hyderabad by leveraging BlueBird’s technology and manufacturing knowhow. The company will also provide aftermarket services, including spares, repairs, maintenance, and support to end users across India.
|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