India diplomat: We want to embrace Israeli tech
May. 18, 2014
One of the largest tech business delegations from India to ever arrive in Israel is scheduled to arrive next week. Some 30 Indian companies, large and small, plan to have booths at the India Pavilion at the Tel Aviv MIXiii 2014 conference, the largest tech event to be held in Israel this year.
Those companies represent the leading edge of Indian tech business interest in Israel, according to Vani Rao, deputy chief of mission in the Embassy of India. “Israel and India already do a lot of business in several areas, including agriculture and diamonds, with the latter accounting for about half the current $5 billion in trade between our countries,” Rao said in an interview. “Interest in Israel from the information technology sector has been increasing in recent years as well, with Indian companies seeking to partner with Israeli start-up and veteran companies on development projects.”
Not included in that $5 billion figure is defense trade between Israel and India, Rao noted. Although most Israelis are aware of the defense, agriculture and diamond aspects of trade between the two countries, many are unaware that there is actually a booming, if quiet, IT connection between them already.
For the full feature story on Start-Up Israel click here.