Israel, India Expand
diagnosis and medical care in India, Asia and Africa,” said Dr. Arjun Kalyanpur, founder and CEO of Teleradiology Solutions and Telerad Tech.
Shachaf Engineering and Mahindra Telephonics signed an MoU to collaborate on the design, development and manufacture of strategic electronics.
According to the Israeli Ministry of Economy and Industry, since the establishment of diplomatic relations between India and Israel in 1992, trade between the countries has grown from $200 million in 1992 to $4.13 billion in 2016.
“The Indian economy is becoming a prime destination for Israeli exports, with its 1.3 billion consumers, led by 300 million citizens in the middle and upper-middle class, with purchasing power equal to the middle class of Western economies,” said Israeli Minister of Economy and Industry Eli Cohen.
“The Israeli Ministry of Economy and Industry – through its Foreign Trade Administration and array of three trade missions in India – helps Israeli exporters open up the Indian market, which undoubtedly holds tremendous economic and trade potential.”
Many Israeli companies have established offices and production facilities in India, among them Teva, Netafim, CheckPoint, Amdocs, Magic Software, Ness Technologies, Mobileye, and HP Indigo as well as Israel Aerospace Industries, Elbit, Verint and others.
“We are keen to bring to the table our in-house expertise as well as technical know-how from TTM Technologies — with whom we have a long term relationship and represent in Israel as well as in India since 2006 — to the current and future design of new generation systems in different segments of activities,” said Zeev Harel, CEO of Shachaf Engineering in Tel Aviv.