Modi Invites Israeli Tech Giants to Invest & Manufacture in India

Prime Minister Narendra Modi, alongside Israeli PM Benjamin Netanyahu, toured an exhibition of pioneering Israeli technologies. He invited Israeli companies to explore investment, manufacturing, and tech partnership opportunities in India. The showcased innovations spanned agriculture, water management, healthcare, AI, cybersecurity, and quantum computing. The visit underscored the collaborative efforts under the "India-Israel Innovation Bridge" initiative to tackle modern challenges.

Key Points: Modi Invites Israeli Firms to Invest & Manufacture in India

  • Modi invites Israeli investment
  • Showcases Agri-tech & Water-tech
  • Focus on India-Israel Innovation Bridge
  • AI & Quantum computing partnerships
2 min read

PM Modi invites Israeli firms to explore investment, manufacturing opportunities in India

PM Modi tours Israeli tech expo, invites companies to invest and partner in India's agriculture, water, health, and digital sectors.

"cutting-edge technologies on display hold immense potential to scale up India-Israel innovation - PM Narendra Modi"

Tel Aviv, Feb 26

Prime Minister Narendra Modi has invited Israeli companies to explore opportunities in India to invest, manufacture and build technology partnerships, it was announced on Thursday.

PM Modi, accompanied by Israeli Prime Minister Benjamin Netanyahu, visited an exhibition showcasing pioneering Israeli innovations across several sectors here, which featured Agri-tech, Water-tech, Climate-tech, Health-biotech, Smart Mobility, AI, Cybersecurity, and Quantum technologies.

During his interaction with the innovators, PM Modi noted that the cutting-edge technologies on display hold immense potential to scale up India-Israel innovation, start-ups and business partnerships, especially in areas such as agriculture, water management, healthcare and digital services.

The two countries are working together to build solutions to address modern-day challenges through the "India-Israel Innovation Bridge" initiative.

During the walk-through, Prime Minister interacted with scientists, tech-entrepreneurs and CEOs of several companies.

Prime Minister was briefed by Quantum Machines on the Israeli Quantum Computing Centre (IQCC) and by Classiq, which is simplifying quantum software development.

According to an official statement, AISAP, a startup, demonstrated its AI-powered point-of-care ultrasound, which provides real-time diagnostic guidance.

The Horizon Scanning Division of the Israeli Ministry of Science and Technology presented "Tech Scout," an AI-driven tool for strategic risk detection and trend analysis.

Mobileye, a tech-enterprise, showcased its sensor and chip technology aimed at reducing road accidents. Check Point Software Technologies highlighted its advanced threat prevention solutions and its collaborations in India.

WaterGen demonstrated its technology to produce drinking water from air, while N-Drip showcased gravity-powered micro-irrigation systems. Natural Offset Farming (NOF) presented in-field post-harvest solutions to reduce food loss without electricity.

Also, Remilk showcased precision fermentation for lab-produced milk proteins, and BarAlgae presented machine-learning-integrated microalgae cultivation.

Mynora Bio displayed plastic waste management using specialized bio-conversion additives. The Geophysical Institute (GII) demonstrated high-resolution modelling for quantifying mineral resources.

Notably, Israel Aerospace Industries presented its miniaturised communications satellites and integrated Synthetic Aperture Radar.

- IANS

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Reader Comments

P
Priya S
While the focus on innovation is good, I hope these partnerships create high-quality jobs in India and not just remain import deals. We need technology transfer and local manufacturing to truly benefit.
R
Rohit P
The Agri-tech and micro-irrigation solutions are exactly what we need. Our agricultural productivity can improve massively with such smart tech. Hope our state governments also take initiative to adopt these.
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Sarah B
As someone working in the tech startup space, the "Innovation Bridge" is exciting. Collaboration in AI and Quantum computing can put Indian startups on the global map. The future is collaborative.
V
Vikram M
Good move, but the government must ensure our own DRDO, ISRO, and other research institutions get equal funding and opportunity. We shouldn't become just a market for foreign tech. Jai Hind.
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Nisha Z
The plastic waste management and lab-produced milk proteins sound very futuristic! If these technologies become affordable, they can solve real problems of pollution and nutrition in our cities.

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