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India Israel CEOs forum sets target to increase bilateral trade

7 July, 2017

The India-Israel CEOs forum met for the first time in Tel Aviv today. Prime Minister Narendra Modi addressed the forum where around 30 CEOs from two countries participated.  The CEOs Forum has set a target to increase the bilateral trade from the current 5 Billion US Dollars to 20 Billion US Dollars within 5 years. The Forum also set up 6 Joint Committees covering StartUps, Pharma and Life Sciences, Homeland Security, Agriculture, Energy and Water sectors.
The MEA spokesperson said that India is being placed as a global manufacturing hub. The India-Israel StartUp Bridge was launched to encourage StartUps of the two countries to work together to come up with innovative solutions to tackle challenges in the Agriculture, Water and Healthcare sectors.