3
Letter from the Publishers
Dear Readers,
The Publishers of Israel-India Business Guides are now determined to publish
sector-wise business guides that will zero in on those areas that capture the
attention of corporates, entrepreneurs and business people in Israel and India.
This is now reinforced by our foray into business facilitation, banking on the
business guides, the website –
www.israel-india.info -and the network of
associates that have been established. Our website carries the latest updates on
the Israel-India business scene - offering opportunities for joint cooperation. We
want our readers to benefit from all the information that we put out.
We urge business people on both sides to seize the opportunities that have
emerged in the last couple of years. The Indian medical technology, pharma,
biotech and healthcare sectors have gained in strength through innovation, product
development and through useful mergers with manufacturers and entrepreneurs
from outside of India. Israel has a lot to offer in these sectors. Recent calls by the
Government of India to increase investments in Indian industry and in fact to come
and ‘MAKE IN INDIA’ need to be seized without delay.
Promising opportunities exist today in areas like healthcare, telemedicine, clinical
research, health insurance, production of pharma products, research in biotech,
tissue culture, lab equipment, non-invasive surgical equipment and more.
MATIMOP (Israeli Industry Center for R&D), Israel and GITA (Global Innovation &
Technology Alliance), a division of Confederation of Indian Industry (CII), continue
to offer incentives on joint R&D between Israeli and Indian Industry; The Israeli
Ministry of Economy, following the successful visit to India by the Minister of
Economy Mr. Naftali Bennett, introduced two significant proposals – one on joint
research & development and the other a fund for joint venture projects between
Israeli and Indian companies. These incentives can be leveraged by industry.
We thank our well-wishers and sponsors for continuing to support us. The Embassy
of Israel, the Consulate General of Israel in Mumbai and Bangalore, The Export &
International Cooperation Institute, Manufacturers’ Association of Israel, MATIMOP
– Israeli Center for R&D, the Israel-Asia Chamber of Commerce, Federation of
Indian Chambers of Commerce & Industry (FICCI) and Maharashtra Chamber of
Commerce, Industry & Agriculture (MACCIA) have consistently backed us and for
this we are very grateful. We also thank all those who have contributed valuable
editorial inputs.
We wish you useful and productive reading, and much success in your endeavors.
Inbal Peleg
Abraham Yehuda
Paprika Productions LTD
Abraham Yehuda & Associates
Tel Aviv, Israel
Mumbai, India
Publishers:
Paprika Productions
Ltd, Tel Aviv
Tel:
+972-74-7030603 ,
Mobile:
+972-52-3232130,
Email:
Inbal@israel-india.info Website:
www.israel-india.infoEditors and Co-publishers:
Abraham Yehuda & Associates, India,
Mobile:
+ 91 98333 68765,
Email:
abrahamyehuda@gmail.comProduction Manager:
Inbal Peleg,
Sales Manager:
Tal Laron,
Designers:
Anat Kamienietzky Studio
The guide was produced in cooperation with the Economic Division of the Embassy of Israel in India, the Consulate General of Israel in Mumbai and the Israeli Consulate in Bangalore.
The guide was promoted by Federation of Indian Chambers of Commerce & Industry (FICCI), Israel Export & International Cooperation Institute, Manufacturers’Association of Israel
and Israel-India Chamber of Commerce.
While every effort has been made to ensure that the information given in this business guide is accurate and has been received from reliable sources, the publishers / editor do not
hold themselves liable whatsoever for any inaccuracy / inaccuracies that may have been published inadvertently.
List of Contents
4 Greetings from Daniel Carmon, Ambassador of Israel to India 6 Greetings from David Akov, Consul General of Israel, Mumbai 7 Greetings from Menahem Kanafi, Consul General of Israel, Bangalore 8 Mapping the stakeholder in India's Life Science Industry 10 Facts & Figure: Life Science industry 12 Overview of Life Science Sector of FICCI
14 Developing rapidly and it continues to expand: India’s Healthcare Sector 18 Innovative Devices providing Breakthroughs in Medical Treatment 22 India: An attractive destination to outsource manufacturing 24 Meeting global healthcare challenges: Israel's Life Science industry 28 The fastest growing knowledge-based sectors: India's Biotechnology Sector 31 Encourage, support, and facilitates commercial relations: IACC 32 Importance of On-Field Training and Education in Israel 34 The Israeli Agency Contract Law 36 Bridging the Gap in Cross-Border Communications 38 Index of Advertisers and Important contacts