Israel India | Business Guide | 2017

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