Commercial Wing
India Connect
August - September 2020 |
Update on VBM flights
Air India will operate flights between India & Israel in Oct 2020.
Dates: Delhi - Tel Aviv on 21st Oct, 2020 Tel Aviv - Delhi on 22nd Oct, 2020.
To book the flight & for more information kindly visit Air India website:
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74th Independence Day of India
Ambassador Sanjeev Singla unfurled the tricolour in Israel on the occasion of the 74th Independence Day of India. He read out extracts from the address of the President of India to the nation. Ambassador Singla also conveyed warm greetings to the Indian community in Israel. 15 August.
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Visit to Tel Aviv University
Ambassador Sanjeev Singla visited Tel Aviv University and discussed ongoing collaborations and future opportunities for partnership with India, along with President Ariel Porat and senior officials. He also met Indian students studying at the University. 18 August
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Meeting with Heads of Israeli Chamber of Commerce
Ambassador Sanjeev Singla met with Heads of Israeli Chamber of Commerce, Israel- Asia Chamber of Commerce and Israel-India Chamber of Commerce and discussed ways to enhance India-Israel bilateral trade. 19 August
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Meeting with Foreign Minister
Ambassador Sanjeev Singla called on Foreign Minister Gabi Ashkenazi. Highlighting complementarities between the two countries, which make them natural partners, FM expressed eagerness to further strengthen bilateral relations through an even greater engagement at all levels. 20 August
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NASSCOM Xperience AI Summit
Ambassador Sanjeev Singla participated in the NASSCOM Xperience AI Summit, a virtual summit with over 3000 attendees across industries and cities in India & globally, 8 Deep Tech AI workshops, 20 Virtual Sessions, 16 Start-Up Show. A special session, focused on Israeli startups using breakthrough AI technologies, was organized by the Commercial Wing of the Embassy of India, Tel Aviv. "India now has one of the largest startup ecosystems in the world. There are tremendous opportunities here for AI & quantum computing." - Ambassador Sanjeev Singla stated. 4 September.
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Visit to the Ben Gurion University
Ambassador Sanjeev Singla visited Ben Gurion University and met President Prof. Daniel Chamovitz and other senior officials to discuss opportunities for academic and innovation cooperation. He also visited the beautiful BGU campus & met with some Indian students studying at the University. 7 September
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Meeting with President of Manufacturers' Association
Ambassador Sanjeev Singla met Dr. Ron Tomer, President of Manufacturers' Association and co-chair India-Israel CEO forum and discussed India-Israel bilateral trade relations. 8 September
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Israel and India sign MoU to collaborate in tech innovation
Ambassador Sanjeev Singla spoke at the signing ceremony of The Memorandum of Understanding (MoU) between iCreate and Start Up Nation. The MoU was signed on 22 September between Israel’s Start-Up Nation Central and India’s International Centre for Entrepreneurship and Technology (iCreate) to initiate a bilateral program to accelerate innovation and technology cooperation between start-ups and corporates from both countries. The aim of this program is to bring together Israeli and Indian entrepreneurs and startups to collaborate on innovative projects. The MoU was signed by Prof. Eugene Kandel, CEO of Start-Up Nation Central from Jerusalem and Anupam Jalote, CEO of iCreate from Ahmedabad. Professor Vijay Raghavan, Principal Scientific Advisor to Govt. of India was present in the event through video-conferencing, while H.E. Dr. Ron Malka, Israel’s Ambassador to India and Mr. Yaakov Finkelstein, Israel’s Consul General in Mumbai were physically present. Others who were present virtually were Chief Minister of Gujarat, Shri Vijay Rupani sent his best wishes through a video message. iCreate and Start-Up Nation Central will initiate a unique Online Acceleration Program for market penetration to work with relevant technologies that match up with requirements originating from Indian corporations. 22 September.
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Netafim wins $85m follow-on irrigation deal in India
Israeli precision irrigation solutions company Netafim has announced that it has won follow-up community irrigation projects in India in a deal estimated at $85 million dollars for providing advanced irrigation systems to 35,000 farmers.
The new deal is for three large projects in India, involving the construction of irrigation systems that follow the community irrigation model. Regional irrigation projects won by Netafim to date involve 202 villages in India and over 97,000 farmers over 100,000 hectares (247,105 acres). The transition to precision irrigation is expected to double agricultural output, improve its quality, and save about 40% in water and fertilizer consumption. August 10
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Mahindra Partners With Israel’s REE Automotive to Develop EVs
Mahindra & Mahindra (M&M) has inked a pact with Tel Aviv-based REE Automotive to explore the production of commercial electric vehicles (EVs). M&M has signed a memorandum of understanding (MOU) with the startup to explore the development and manufacturing of electric commercial vehicles for global markets.
The strategic collaboration will leverage REE’s revolutionary electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel. August 27
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Caesarstone buys Indian porcelain co Lioli
Israeli engineered quartz surface countertop company Caesarstone Ltd. announced that it has entered into a definitive agreement to acquire a majority stake in Lioli Ceramica Pvt. Ltd., an India-based producer of cutting-edge porcelain countertop slabs. Lioli has annual revenue of $18 million.The transaction is expected to close in 2020, subject to customary closing conditions, and is expected to have a favorable impact to earnings beyond 2020. August 31
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Global Innovation Index 2020: India Makes Major Gains
In another landmark achievement India has been ranked among top 50 innovative countries in WIPO ’s GII 2020 report. India has seen a significant jump of 33 ranks, from 81 in 2015 to 48 in 2020. 3 September
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Exports Of Agricultural Commodities During March To June 2020 Increased By 23.24 Per Cent Compared To Corresponding Period In 2019
The exports of Agri commodities during March 2020 to June 2020 were Rs 25,552.7 crore (US$ 3.63 billion) against an export of Rs 20,734.8 crore (US$ 2.94 billion) during the same period in 2019, showing a sharp increase of 23.24 per cent. The agricultural exports as a percentage of India’s agricultural GDP has increased from 9.4 per cent in 2017-18 to 9.9 per cent in 2018-19. While the agricultural imports as a percentage of India’s agricultural GDP has declined from 5.7 per cent to 4.9 per cent indicating exportable surplus and decreased dependence on import of agricultural products in India. 9 September
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IAI signs agreement to acquire 50% of BlueBird shares for $14.4 million
Israel Aerospace Industries (IAI) signed an agreement on Thursday to acquire 50% of the equity of BlueBird Aero Systems. As part of the transaction, IAI is acquiring the holdings of India- based Piramal Technologies SA, and additional shares from Fiberless Access and Ronen Nadir for NIS 50 million ($14.38 million). Nadir will continue to hold 50% of BlueBird shares and continue to serve as the company’s CEO. 24 September
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VAIBHAV Summit for S&T – October 2 to 31 Vaishwik Bharatiya Vaigyanik (VAIBHAV) Summit is a collaborative initiative by S&T and Academic Organisations of India to enable deliberations on thought process, practices and R&D culture with a problem solving approach for well defined objectives. The VAIBHAV initiative aims to bring out the comprehensive roadmap to leverage the expertise and knowledge of global Indian researcher for solving emerging challenges. By bringing the Indian Overseas and Resident academicians/scientists together a structure of association will be evolved. The aim of summit is to reflect in-depth on the collaboration and cooperation instruments with academia and scientists in India. The goal is to create an ecosystem of Knowledge and Innovation in the country through global outreach.
The virtual summit will be inaugurated by Hon’ble Prime Minister on 2nd October'2020 in the virtual presence of registered academia and researchers from across the world. This will be followed by online month-long deliberation sessions starting from 3rd October to 30th October 2020 among researchers through webinar mode. Concluding session is planned on 7th November on Sir CV Raman Jayanti. The Summit aims to bring out mechanisms of advancements in education, research and entrepreneurship in India as an essential element of its overall sustainable development.
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Artificial Intelligence- Responsible AI for Social Empowerment (RAISE 2020) - 5th - 9th October, 2020
Government of India, is organizing a virtual summit on Artificial Intelligence- Responsible AI for Social Empowerment (RAISE 2020) from 5th - 9th October, 2020. The Hon’ble Prime Minister of India, Shri Narendra Modi has kindly consented to inaugurate this event on 5th October, 2020. The theme of the online summit is Responsible AI for Social Empowerment.
RAISE 2020 would endeavour to unite different nationalities and stakeholders in developing a joint plan of action relating to the use of AI for solving common governance challenges in areas of Health, Education, Skills and also address issues around ethics and privacy that the world faces today. Details about the summit, agenda and sessions are available on https://raise2020.indiaai.gov.in/. The schedule has been made flexible to accommodate different time zones.
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India International Garment Fair (65th IIGF), 15th October to 20th November 2020 on a virtual business platform
In order to bridge the gap of buyer-seller during these trying times, IGFA has decided to organize one of the largest sourcing shows of Apparels and Accessories in Asia India International Garment Fair (65th IIGF), which will be held from 15th October to 20th November 2020 on a virtual business platform.
IIGF is a specialized business fair and in its series, 65th edition is scheduled from 15 October to 20th November, 2020 shall showcase updated fashion trends of the Indian apparel industry. IIGF has been extensively recognized as one of the leading Fairs for the Indian Garment Export Industry the world over.
The salient features of the 65th IIGF are:-
An exhibitor base of more than 500 showcasing their latest collections in Womenswear, Menswear, Kidswear & Fashion Accessories from the entire length & breadth of the country.
Wide range of diverse range of products, from Denims, Skirts, Viscose, Kaftans, Pareos, Plus size garments, Embroidered Garments, Designer labels, organic Cotton, Sustainable Products, Various washes in garments.
In addition to above apparels &accessories, the buyers shall get substantial number of the suppliers of the Medical Textiles which includes Personal Protective Equipment (PPE).
Access exclusively to overseas buyers and buying agents, to ensure meaningful business to business transactions.
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50TH IHGF (Indian Handicrafts and Gifts Fair) DELHI FAIR VIRTUAL (AUTUMN 2020) FROM 04 – 09 NOVEMBER 2020
One of the important marketing events organised by EPCH is IHGF Delhi Fair and the EPCH has so far successfully organised 49 editions of this show. It has also been recognised as the largest congregation of handicrafts exporters under one roof by Limca Book of Records and is considered by overseas buyers as ‘One Stop Sourcing Destination’ for their requirement of Home, Lifestyle, Fashion, Furniture and Textiles.
EPCH is organizing the 50th edition of IHGF Delhi Fair (Autumn 2020) is scheduled to be held from 04-09 November, 2020, once again, on a virtual platform. The Fair will see participation by over 1500 accredited Indian manufacturers and exporters displaying over 2000+ new product expressions across the following 12 categories: Houseware, Tableware, Kitchenware And Hotelware Including EPNS Carpets, Rugs & Floorings, Bathroom Accessories· Lawn, Garden Ornaments & Accessories Handcrafted Garments Including Chikankari & Zardozi Lamps, Lighting & Accessories Christmas & Festive Décor, Hand-Made Paper & Products Furniture, Furniture Hardware & Accessories, Candles, Incense Sticks, Potpourri, Aromatics, Yoga, Meditation & Healing items, Home Furnishings & Madeups, Decorative, Gifts (including corporate gifts), Fashion Jewellery, Bags, Scarves, Tie & Accessories.
For any queries, kindly contact on [email protected] or send a WhatsApp message on the following mobile no. 0091-8800094195. |
Handloom Exhibition 17th Oct - 15th Nov 2020
World Trade Center Mumbai in association with IAMKHADI Foundation is pleased to present the first virtual exhibition under the worldtradeexpo.org platform titled - ' Festival of Handloom' to showcase Khadi and Handloom. This virtual exhibition is scheduled to go live from October 17 – November 15, 2020 . This virtual exhibition also proposes to identify buyers from across the world. The organizers look forward to getting support of various trade promotion organizations and 330 World Trade Centers based in 90 countries.
This virtual exhibition is provides an excellent opportunity for artists, weavers, micro-entrepreneurs including women SHGs, clusters and village industries to showcase khadi and handloom products such as sarees, fabric material, shawls, stoles, dress material, mats, rugs, carpets along with home furnishing and other accessories from several states in India and overseas. More than 100 exhibitors are expected to showcase their products. They will be able to showcase, market and sell their products. Furthermore, exhibitors can also participate in matchmaking B2B and B2C meetings, export oriented training programmes and workshops. Over 100 global buyers are expected to join this month-long festival.
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-For comments, suggestions, economic information and business opportunities, please contact the Embassy's Commercial Section:
--Ms. Anitha Nandhini, Deputy Chief of Mission and Head of the Commercial Wing
-Mr. Pramod Sharma, Counsellor (Commerce) and Commercial Representative
-Ms. Nitzan Bitan, Commercial Officer
-Ms. Sharona Shimson, Trade Assistant
[email protected]
https://www.indembassyisrael.gov.in/
https://www.facebook.com/IndiaInIsrael/
For previous editions of India Connect:
https://www.indembassyisrael.gov.in/pages?id=nel5a&subid=mep2b
140 Hayarkon St., P.O.B 3368, Tel-Aviv 61033, T: 03-5291999
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