Commercial Wing
India Connect
September-October 2021
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Minister of External Affairs H.E. Dr. S. Jaishankar visit to Israel The Minister of External of India H.E. Dr. S. Jaishankar visited Israel from 17-21 October as part of the efforts to further enrich the strategic ties besides exploring new areas of bilateral collaboration between India and Israel. EAM interacted with the Israeli business and Hi-Tech community, the Indian-origin Jewish community in Israel, Indologists and Indian students who are currently pursuing their education in Israeli universities. EAM lauded the business relationship between India and Israel, saying that India regards Israel “in many ways as perhaps our most trusted and innovative partner.” He also said that the degree of trust between both countries is very high and also noted that it was no coincidence that his first substantive meeting on the trip was with Israeli business leaders. EAM also visited Kibbutz Be'erot Yitzhak. During the visit, the Minister was exposed to the farming technologies of SCR/Allflex, which is an Israeli AgriTech company that already works in India, and looking to expand its presence in the Indian market. EAM called on the President of Israel Mr. Isaac Herzog, had very productive Prime Minister Naftali Bennet, and his Israeli counterpart Yair Lapid wherein both parties agreed to renew negotiations on a free trade area agreement (FTA) from November, and also to mutually recognise Covid-19 vaccination certificates.
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Israel, India to build 10-year defense cooperation plan
Israel and India have agreed to form a task force that will build a 10-year cooperation plan to identify new areas in defense cooperation between the two countries. The plan, which will include defense procurement, production and research and development, was agreed upon last week during a visit last week by Ajay Kumar, the director-general of the Indian ministry of defense.
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India's manufacturing activity grows at fastest pace in 7 months
Manufacturing activity in India gained steam in October as companies scaled up production in line with a substantial upturn in new work intakes, according to a private survey. Similarly, factory output increased at a sharp pace that was the strongest since March. At 55.9 in October, vs 53.7 in September, the seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index was in expansion territory for the fourth month in a row in October, pointing to the strongest improvement in overall operating conditions since February. According to the survey, firms stepped up input purchasing amid stock-building efforts and in anticipation of further improvements in demand, while business optimism hit a six-month high.
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Spurring Economic Growth! Foreign investors are stepping up their activity in India which has resulted in more investment inflow in 12 months
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India seeking to expand economic cooperation with Israel
India is reopening for business, and looking to increase trade ties with Israel, India’s Minister of External Affairs Dr. S. Jaishankar told a group of Israeli and Indian business leaders. October 17, 2021
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India, UAE, and Israel announce cooperation to grow trade
Israel, UAE, and India will cooperate to grow the volume of trade between the three nations. The announcement came Tuesday morning at an event in Dubai attended by representatives from the three countries. The three parties are expected to strengthen the trilateral relations with a common goal of promoting business cooperation, mutual investments, and the scaling of business activities. Trade between the countries today stands at about $64 billion - with trade between India and the UAE alone totaling about $59 billion. Hence, the goal is to increase Israeli trade with both countries by strengthening cooperation between the three countries. This is especially true in areas where Israel excels, such as electronic equipment, cybersecurity, chemicals, fertilizers, medical equipment, pharmaceuticals and more.
October 19, 2021
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Indian military inaugurates use of IAI's missile defense system
The Indian Armed Forces have inaugurated the integration and operational use of the Israel Aerospace Industries (IAI) Barak 8 MRSAM Air & Missile Defense System. MRSAM is an advanced path-breaking air and missile defense system that provides ultimate protection against a variety of aerial platforms and includes an advanced phased-array radar, command and control shelter, mobile launchers and interceptors with an advanced RF seeker. MRSAM is jointly developed by IAI and DRDO in collaboration with India and Israel for the Indian forces. September 12, 2021
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India International Medical Equipment and Hospital’s Need Expo from the 11th to 13th of December 2021
We are glad to inform you that the India International Medical Equipment and Hospital’s Need Expo is all set to take place from the 11th to 13th of December 2021 in a Hybrid Mode by adhering the Complete Covid Protocol.
The show is Co-Hosted by AMTZ- India’s largest Medical Device Park- at its Kalam Convention Centre, Vizag, India. The Three days of hybrid show is supported by various industry stakeholders such as Invest India- The Investment Promotion Council, The Association of Healthcare Providers India(AHPI), Consortium of Accredited Healthcare Organisation (CAHO) The Association of Indian Medical Device Industry (AiMed), Association of Diagnostics Manufacturers India (ADMI), Force BioMedical and the Public Procurement Group.
We would be having close to 200+ exhibitors and we do expect a magnitude of 6000+ healthcare professional (Physical and Virtual) from India and abroad to attend the three days long industry gathering as "Together We Transform India’ Healthcare Technology: Paradigm"
Major participants to the show include- Transasia Bio-Medicals Ltd, Molbio Diagnostics, Medtronic, Agappe Diagnostics Ltd, Evonik India, TSI India, SMT, Accurex, Allied Medical Ltd, Mehta Tubes Ltd, Medica Bazar, Athens-Dx Pvt Ltd, JC Orthoheal Pvt Ltd etc- and we welcome you to this wonderful opportunity to be with the movers and shakers of the industry during the three days of Business Extravagance
Registrations:
Book Your Booth Now :https://www.iimeexpo.com/interested-to-exhibit/
Downloads:
E- Brochure:https://www.iimeexpo.com/download-brochure/
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4th Gemstone Sourcing Show (IRGSS) – 8 November – 10 December 2021 – Jaipur
Gems and Jewellery Export Promotion Council (GJEPC) is organizing 4th India Rough Gemstone Sourcing Show (IRGSS) 2021 to be held in Jaipur from 8 November to 10 December 2021 at Mall 21, 5th Floor, Bhagwan das road, Near Panch batti, Jaipur. Jaipur is the global hub for cutting and polishing of coloured gemstones. It processes more than 300 different varieties of precious and semi-precious gemstones which includes Emerald, Tanzanite, Morganite and many other gemstones. However, being an import-oriented industry, availability of good quality rough gemstones is a prerequisite for the sector. By organising India Rough Gemstones Sourcing Show, GJEPC is making sure that the export activities resume in full throttle as manufacturing activities are back to normal and there is ease in Covid Crisis.
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-For comments, suggestions, economic information and business opportunities, please contact the Embassy's Commercial Section:
FS(COM) - Shri Naveen Ramakrishna
Commercial Wing local team:
-Mr. Yakir Dahari, Marketing Officer
-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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