Commercial Wing
 
India Connect
 
September - October 2019
A. Embassy Events:
IDSA delegation visited Israel
Ambassador Pavan Kapoor hosted the visiting Institute of Defence and Strategic Analysis (IDSA) delegation led by Ambassador Sujan Chinoy, Director General, IDSA and representatives from Jerusalem Institute of Strategic Studies (JISS). IDSA and JISS together organized a workshop on 'India-Israel Strategic Dialogue' in Jerusalem on 2 September 2019.
Haifa Day
Commemorating Haifa Day, the Embassy and the Municipality of Haifa paid tribute to the valiant Indian soldiers who laid down their lives in the Battle of Haifa, considered "the last great cavalry campaign in history". DCM Tshering W. Sherpa addressed the solemn event and spoke on the finest traditions of our men in uniform. The Indian Army commemorates September 23 every year as Haifa Day to pay its respects to the three Indian Cavalry Regiments - Mysore, Hyderabad and Jodhpur Lancers, that helped liberate Haifa following a dashing cavalry action by the 15th Imperial Service Cavalry Brigade of the then British Indian Army at the Battle of Haifa in 1918.
September 24
150th birth anniversary of Mahatma Gandhi celebrations
The Embassy of India celebrated 150th birth anniversary of Mahatma Gandhi with a special function on the importance of Gandhian values in today's world. Honoring the Indian traditions, the event was inaugurated with a lamp lighting ceremony by Cd'A Tshering W. Sherpa, renowned Israeli author Dr. Shimon Lev, members of the Indian diaspora and Israeli guests. Cd'A Tshering W. Sherpa delivered the opening remarks where he emphasized on the role and need of imbibing the spirit of Gandhian ideals in public service delivery and the centrality of Bapu's philosophy in modern Indian thought. Dr. Shimon Lev, author of several books on Gandhiji in both English and Hebrew languages spoke on how Bapu's life and message continues to inspire the world. The speeches were followed by a prizes distribution ceremony for the winners of Quiz competition on Gandhiji, organized by the Embassy, as part of 'Bapu At 150' celebrations. An audio-visual presentation highlighting the various events organized by the Embassy as part of two-year long 'Bapu at 150' celebrations was also played.
October 3
Ambassador Sanjeev Singla assumed office
The Embassy of India warmly welcomed Ambassador-designate Sanjeev Singla the very best as he assumes office as Ambassador of India to Israel.
October 15
Diwali Celebrations
 
DCM Mr Tshering Sherpa and officers of the Embassy of India participated in the festive Diwali celebrations hosted by Mr BV Ramana, CEO of State Bank of India, Tel Aviv. The event was attended by the Indian business community, Israeli Diamond Exchange members and Israeli Chambers of Commerce. October 27
Diwali festival in the Israeli Diamond Exchange
 
Ambassador Sanjeev Singla participated in the Diwali celebrations at the Bursa in Tel Aviv, organized by the Israeli Diamond Exchange and the Indian Diamond Community in Israel. He appreciated the role of the Indian business community in Israel in strengthening the economic & commercial ties and stressed on the importance of people-to-people linkages between the two countries. October 29
B. News
India emerges as the 3rd largest ecosystem for successful startups
With 21 unicorns, India has emerged as the third largest ecosystem for more successful start ups right behind China and US but ahead of Britain and Israel, according to Hurun Global Unicorn List 2019. Leading the pack from the country are payments solutions platform One97 Communications (USD 10 billion), cab aggregator Ola Cabs (USD 6 billion), online educator Byjus (USD 6 billion), and travel-stay finder OYO Rooms (USD 5 billion). October 17.
 
 
India jumps to 63rd position in World Bank's Ease of Doing Business 2020 report
 The World Bank released its latest Doing Business Report (DBR, 2020) on 24th October 2019. India recorded a jump of 14 positions against its rank of 77 in 2019 to be placed now at 63rd rank among 190 countries assessed by the World Bank. India's leap of 14 ranks in the Ease of Doing Business ranking is significant considering that there has been continuous improvement since 2015 and for the third consecutive year India is amongst the top 10 improvers. As a result of continued efforts by the Government, India has improved its rank by 79 positions in last five years [2014-19]. The Doing Business assessment provides objective measures of business regulations and their enforcement across 190 economies on ten parameters affecting a business through its life cycle. The DBR ranks countries on the basis of Distance to Frontier (DTF), a score that shows the gap of an economy to the global best practice. This year, India’s DTF score improved to 71.0 from 67.23 in the previous year. India has improved its rank in 7 out of 10 indicators and has moved closer to international best practices (Distance to Frontier score).Significant improvements have been registered in ‘Resolving Insolvency’, 'Dealing with Construction Permits', ‘Registering Property’, ‘Trading across Boards’ and ‘Paying Taxes’ indicators. The important features of India's performance this year are: The World Bank has recognized India as one of the top 10 improvers for the third consecutive year. Recovery rate under resolving insolvency has improved significantly from 26.5% to 71.6%. The time taken for resolving insolvency has also come down significantly from 4.3 years to 1.6 years. India continues to maintain its first position among South Asian countries. It was 6th in 2014. October 24.
 
C. Upcoming Events in India
ELECRAMA 2020, 18th–22nd January 2020 at India Expo Mart, Greater Noida, NCR Delhi
India is host to ELECRAMA, the world's largest confluence covering the entire spectrum of electricity namely Power Generation, Transmission, Distribution, Power Electronics, Renewables, Electric transportation, Power Storage, Electrical Automation. ELECRAMA brings together the complete spectrum of solutions that powers the planet, featuring not just equipment & technology, but peerless thought leadership platforms for everything electric - from technical conclaves to industry summits.
ELECRAMA is organised by Indian Electrical and Electronic Manufacturers Association (IEEMA) which is the apex industry association of manufacturers of electrical, industrial electronics and allied equipment in India. IEEMA has around 800 member organizations encompassing the complete value chain in power generation, transmission and distribution equipment. IEEMA members represent a combined annual turnover in excess of US$ 42 billion and have contributed to more than 95% of the power equipment installed in India.
The 14th edition of the mega expo, ELECRAMA 2020 is scheduled from 18th–22nd January 2020 at India Expo Mart, Greater Noida, NCR Delhi, India.
The exhibition will be spread over 1,10,000 square meters of indoor and outdoor expo space, hosting 1200+ exhibitors from 60 countries and more than 300,000 visitor footfalls from 120 countries making it the largest congregation of the Power and Electrical sector in the world.
The vision for ELECRAMA-2020 is to make it a Global platform for connecting the world with Indian industry in respect of collaborations, technology transfer, and knowledge transfer by getting exhibitors from more than 50 countries and visitors from 100 countries.
For more details and registration kindly contact us: [email protected]
IoT India Expo - 19-21 February 2020
IoT India 2020 Expo is scheduled from 19-21 February 2020 at Pragati Maidan, New Delhi.
Exhibitions India Group (EIG) is a trade promotion organization creating opportunities for investments, joint ventures and technology transfers. EIG acts as an interface between businesses, government, academia, society, media, etc. EIG has been in existence since 1987, and is committed to providing satisfaction to its customers by organizing quality and focused international trade shows through exceptional services, employee involvement, market intelligence and continual improvement.
 
Convergence India expo is India’s leading communications, broadcast & media; IT and technology event. Jointly organised by the India Trade Promotions Organisation (ITPO) and EIG, it is an international platform where exhibitors showcase the latest technologies in the verticals of telecom, broadcast content production, management and delivery; wire & wireless technologies including broadband, 4G / 5G networks, IT solutions like cloud, Big Data & analytics, smart homes, smart solutions, security & surveillance, M2M, IoT and many more. You may visit www.convergenceindia.org for more information.
 
The 28th edition of the Convergence India expo will once again bring together professionals, innovators and domestic and international business groups to interact, explore and forge new relationships in one of the fastest growing global markets. Overall, it expected that over 25,000 trade visitors who will come to explore, discuss, and strike business deals with up to 1,500 delegates and over 700 exhibitors from 40 countries. 
-For comments, suggestions, economic information and business opportunities, please contact the Embassy's Commercial Section:
 
--Mr. Tshering W. Sherpa, Deputy Chief of Mission and Head of the Commercial Wing
 
-Mr. Pramod Sharma, First Secretary (Commerce)
[email protected]
 

Commercial Wing local team:
-Mr. Yakir Dahari, Marketing Officer
-Ms. Nitzan Bitan, Commercial Officer
-Ms. Sharona Shimson, Trade Assistant 

[email protected]
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