• Latest
  • All
  • Special
  • Spotlight
  • Business
  • Lifestyle
  • India
  • Opinion
  • News
  • Politics
  • Economy
  • Sports
  • Latest
  • Health
  • Reality check
  • Nation builder
  • The blitz special
  • Multilateral
  • Perspective
  • Blitz india
  • Globetrotting
  • Latest news
  • Social
  • Rising india
  • A tribute
  • Maharashtra
  • world
  • G20 podium
  • Books
  • States
  • Gender equality
  • Focus uk
  • Eco-focus
  • Entertainment
  • International
  • Legal
  • Econmy/sports
  • Nation
  • world cup
  • Campaign
  • Update
India is among the largest trade partners

India is among the largest trade partners

May 27, 2023
Kypson upsets two-time champ De Minaur

Kypson upsets two-time champ De Minaur

February 24, 2026
India retail lending growth Q3 FY26

India’s retail lending portfolio grows 18 pc

February 24, 2026
India tech industry revenue FY26

Tech industry boosted by AI expected to hit $315 billion

February 24, 2026
Ashwini Vaishnaw

Cabinet approves alternation of name of Kerala to Keralam

February 24, 2026
Johannesburg gold rush informal settlement

GOLD RUSH

February 24, 2026
US-Mauritius Discussions Focus on Chagos Security

Talks on military base

February 24, 2026
France, Algeria Revive High-Level Security Talks

Thaw in ties Algeria, France to resume security cooperation

February 24, 2026
US troops in Nigeria

US troops in Nigeria

February 24, 2026
US Farmers Stick with Corn Despite Slumping Prices in 2026

Farmers bet on corn

February 24, 2026
Deportation blocked

Deportation blocked

February 24, 2026
Trump ratings down

Trump ratings down

February 24, 2026
Trump Japan trade deal 2026

$36 billion deal

February 24, 2026
Blitzindiamedia
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Education
    • Health
    • Sports
    • Entertainment
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • US (New York)
    • UK (London)
    • Middle East (Dubai)
    • Tanzania (Africa)
  • Blitz India Business
No Result
View All Result
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Education
    • Health
    • Sports
    • Entertainment
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • US (New York)
    • UK (London)
    • Middle East (Dubai)
    • Tanzania (Africa)
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

India is among the largest trade partners

by Blitz India Media
May 27, 2023
in Spotlight, The blitz special
India is among the largest trade partners

INDIA and Israel have enjoyed a close diplomatic relationship since 1992, with the two countries forming strong ties in the economic, military, agricultural, and political sectors.

Their relationship, however, actually dates back to 1950 when India extended de-jure recognition to Israel and Israel opened a consulate in Mumbai, which facilitated the voluntary immigration of thousands of Indian Jews to Israel.

YOU MAY ALSO LIKE

AI recast as strategic infra

Trust will define Dhaka’s new era

Over the years, thousands of Indians have traveled to Israel for training in agricultural technology and community development, while Israel supplied weapons to India during the Kargil war against Pakistan, Israel has also provided humanitarian relief to India, including sending an emergency response delegation in 2001, to provide aid and treatment to victims of a devastating earthquake.

JV of high-tech firms

Since the establishment of diplomatic ties, India has become one of Israel’s largest trading partners, with hightech companies from both countries forging joint ventures and competing successfully in the international marketplace. The focus of trade and cooperation between the two countries now centres primarily on securityrelated deals, agriculture, and water desalination.

The key to the growing India-Israel ties is in the realm of security and defence, with India allocating tens of billions of dollars to modernise its Army. Defence deals with Israel have grown exponentially, and today, India is one of the largest importers of Israel’s defence equipment. Israel has sold radar and surveillance systems, electronic components for military aircraft, and has provided training in counterterrorism methods to help India defend itself.

Merchandise trade

From worth $200 million in 1992, bilateral merchandise trade increased to $7.86 billion (excluding defence) in FY 2021–2022, with the balance of trade in India’s favour. In FY2022-23, as per data available for April to November 2022, the bilateral trade stood at $7.07 billion (excluding defence). India is Israel’s second-largest trade partner in Asia and the ninth-largest globally.

The election of Indian Prime Minister Narendra Modi in 2014 marked a significant milestone in the deepening of cooperation between India and Israel. In a striking show of the strengthening ties, Israel exported $662 million worth of weapons and defence items to India between May and November of that year – more than the total Israeli exports to India in the previous three years combined.

This newfound friendship was solidified when Prime Minister Benjamin Netanyahu and PM Modi met in September 2014 for the first time in over a decade. Netanyahu invited Modi to visit Israel for a return trip, setting the stage for a series of high-level visits between the two nations.

Historic visit by PM

In July 2017, Modi made history by becoming the first sitting Indian Prime Minister to visit Israel. Netanyahu personally accompanied PM Modi throughout his three-day visit, emphasising the critical importance of the trip. Modi bid farewell to the people of Israel in a Twitter post in both Hebrew and English, thanking them for their hospitality and expressing his belief that the successful visit would strengthen the burgeoning India-Israel relationship. Netanyahu reciprocated the gesture by posting a message on Twitter in Hindi.

Netanyahu’s reciprocal visit to India in January 2018 further cemented the growing partnership between the two countries. It was the first visit by an Israeli Prime Minister to India in over 15 years. The deepening India-Israel relationship holds promise for increased economic, military, agricultural, and political cooperation in the future.

Previous Post

Comedy of Errors South Africa High Court acquits Gupta brothers of ‘State Capture’ charge

Next Post

India’s 5,000-strong Jewish community

Related Posts

AI strategic infra
Spotlight

AI recast as strategic infra

February 23, 2026
Trust will define Dhaka’s new era
Dubai

Trust will define Dhaka’s new era

February 23, 2026
The AI Axis
Special

The AI Axis

February 13, 2026
What’s in the Indo-US deal
Dubai

What’s in the Indo-US deal

February 13, 2026
Renewed momentum in India-Malaysia relations
Special

Renewed momentum in India-Malaysia relations

February 13, 2026
Cultural extravaganza a huge draw with visitors
Special

Cultural extravaganza a huge draw with visitors

February 6, 2026
Please login to join discussion

Economy

FDI limit in public banks may be raised to 49 pc
Economy

FDI limit in public banks may be raised to 49 pc

by Blitz India Media
February 6, 2026

Blitz Bureau NEW DELHI: The Finance Ministry is considering raising the foreign direct investment (FDI) limit in public sector banks...

Read moreDetails
Boosts safety, affordability, and global acceptance

Boosts safety, affordability, and global acceptance

February 6, 2026
AI-for-humanity

AI for humanity – I

February 6, 2026
Public funds for private projects

Public funds for private projects

February 6, 2026
Deserting no more

Deserting no more

January 17, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health
  • Sports

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Contact
  • Team
  • Privacy Policy

©2024 Blitz India Media -Building A New Nation

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Education
      • Sports
      • Health
      • Entertainment
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • US (New York)
      • UK (London)
      • Middle East (Dubai)
      • Tanzania (Africa)
    • Download
    • Blitz India Business

    © 2025 Blitz India Media -BlitzIndia Building A New Nation