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Consulate General of Israel in Bengaluru

014

> Greetings >

Consul for Trade and Economic Affairs, Consulate General of Israel in Bengaluru

Israel-India

> Business Guide >

2017

Dr. Shai Moses

Dear Friends,

I

t is with great pleasure that we participate

in the special issue of the Israel-India

Business Guide - 2017 – a notable occasion

when we celebrate 25 years of India-Israel

diplomatic relations.Recent years have seen

tremendous positive shift in our bilateral

economic and political relations,with more

openness and willingness to pursue trade

and investment activities.

Residing in India, I wish to share with you

that I observe much appreciation for Israeli

innovation across this beautiful country,and

great enthusiasm among Indian business

people about working together with Israeli

companies.The amount of business visitors

traveling both ways is in constant growth,

producing greater need for more and more

direct flights connecting Tel Aviv with all the

major cities in India.

India and Israel share an appetite for

technological innovation.In both countries

there is a wealth of business opportunities in

diversified fields such as biotechnology,cyber

security,medical devices,renewable energy

and clean-tech,water-related technologies,

agriculture,information and communication

technologies, artificial intelligence, IoT and

cloud computing, and many more.

One of the reasons India is doing so well in

the last couple of years is credited to the

revolution of smartphones. The fact that in

a very short period of time, many Indians

(estimated nowadays to be about 300million

people) got a powerful and affordable

computer in their hands (the smartphone),

created many economies-of-scale business

opportunities, for example in developing

new e-commerce platforms, shared-riding

transportation applications,social media and

other communication channels,and utilizing

the power of the Cloud. Just imagine when

India reaches its potential of 1 billion people

connected to smartphones - and you feel

that even the sky is not the limit here.

In that sense, Israel becomes increasingly

important and relevant for India. Marked

as a Start-Up Nation for quite some time,

Israeli companies and governmental agencies

are the right partners for joint-ventures with

Indian businesses in many sectors and

verticals - to further develop the Indian and

Israeli markets, as well as reaching out to

global markets together. The combination

of Israeli innovation together with India’s

evolving technological capabilities creates

ample business opportunities to exploit in

the coming years. In this regard, I invite you

all to join us in the

Indo-Israeli Economic

Forum LinkedIn Group

, in which relevant

information on innovative products and

services,invitations for relevant conferences

and exhibitions, and proposals for business

cooperation, are shared continuously.

This edition of the Israel-India Business Guide

serves as a great gateway to get familiarized

with India and Israel economic landscape,

and for the business opportunities that lie

ahead. For those who are interested to hop

on to the train to prosperity – the Indo-Israeli

spectrum is the right time and place to act!

I wish you all very fruitful and pleasant

years ahead!

Dr. Shai Moses

Consul for Trade and Economic Affairs

Consulate General of Israel in Bengaluru