The presence of several Israeli businesses and products list in the Indian market has strengthened bilateral trade relations
India and Israel, two countries with distinct cultures and extensive histories, have fostered diplomatic ties for many years. The relationship between these nations goes beyond politics and diplomacy to include trade, investment, and sectoral cooperation.
This article examines the vibrant relationship between India and Israel with an emphasis on commerce, investments, and prospective areas of collaboration. It provides insightful information for students and anyone else interested in global business and politics.
Israeli products and brands in India list 2023
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Over the years, the trade ties between India and Israel have prospered, to the mutual benefit of both nations.
India’s main goods exported to Israel are:
- Pearls and precious stones
- Chemical and mineral products
- Machinery and electrical equipment
- Textile and textile articles
- Plastics
In contrast, India purchases the following types of Israeli products:
- Electrical and mechanical devices
- primary metals
- Defence-related equipment
- Machinery and transport equipment
- Mineral and chemical products
This trade in commodities and services illustrates how economically dependent the two countries are becoming.
Foreign Direct Investment (FDI)
Israel continues to be a small contributor in terms of FDI, but it has made considerable investments in India. The economic connection has been facilitated by the presence of significant Israeli businesses in India, including Teva Pharmaceutical Industries Limited and Avgol Nonwovens.
Top Israel Brands in India
The presence of several Israeli businesses in the Indian market has strengthened bilateral trade relations. Alumayer, Plasson, Huliot, Metzerplas, IDE, Netafim, Naa’n Dan Jain, Rivulis, NeoLynk, Ecoppia, Aqwise, Polemix, Eli Hajaj, and Avgol Nonwovens are a few of them.
Among the Israeli businesses that have established operations in the Indian state of Madhya Pradesh and are boosting the regional economy are Teva Pharmaceutical Industries Limited and Avgol.
Sectors where India and Israel could work together
There are a number of fields where India and Israel could work together:
- Defence: Israel is a significant provider of defence goods to India. The cooperation improves the technological and security capacities of both nations.
- Agritech: By collaborating in the field of agricultural technology and exchanging knowledge in fields like precision farming, irrigation, and sustainable agriculture, both countries stand to gain.
- Food processing: Joint ventures in the food processing industry can improve the quality and productivity of food production in India, which will help farmers and consumers.
- Electronics: Cooperation in this field can result in the creation of cutting-edge products and technologies, thereby enhancing the technological ecosystem in both nations.