Tel Aviv [Israel], November 20 (ANI): India’s expanding economic partnership with Israel gained fresh momentum as leading figures from the manufacturing, food, water technology and cybersecurity sectors highlighted the “very good atmosphere” between the two nations and outlined new investments, collaborations and emerging opportunities.
Avi Balashnikov, Chairman of the Board of the Israel Export & International Cooperation Institute, described the recent high-level exchanges as a strong signal of growing confidence. “This is actually, we just came back from India… and the impression is very, very big,” he said. Balashnikov added that “friendship, pure friendship… gives the right formula for good businesses,” noting that stronger economic ties translate into “more jobs and jobs,” benefiting both economies.
Ron Tomer, President of the Manufacturers Association of Israel, echoed similar sentiments, emphasizing that a positive political and business climate is crucial. “If there is a good atmosphere, it’s good for business,” he said, pointing to the “very good atmosphere” between India and Israel and the “so, so big” potential for cooperation across industries.
From the food sector, LT Foods CEO Inderjeet Kaur Arora highlighted India’s strong presence in Israel’s premium rice market. She said the company, known for its Daawat brand, holds “about 40% of the market share in the premium segment” and has been present in Israel “for more than 15 years.” Arora added that “everybody here in Israel knows Daawat,” underscoring the brand’s deep market penetration and plans for future expansion.
In cybersecurity, Check Point’s CEO Nadav Zafrir pointed to India’s strategic role in the company’s global operations. He described their meeting with the minister as “a wonderful discussion,” noting that the company is already “protecting some of the most critical infrastructure” in India and operates its largest R&D center outside Israel in Bengaluru. He added that the company plans to hire more talent, citing India’s strength in “deep tech” and network engineering.
Water-tech specialist IDE Technologies also reaffirmed its long-standing engagement with India. CEO Alon Tavor praised Indian leadership, saying the minister was “one of the most impressive guys,” and highlighted the company’s 25-year association with Reliance and other partners. Tavor said IDE works across data centers, industrial desalination and municipal water reuse, calling water “a big issue in India.”
The company plans to open a center of excellence in Mumbai during the coming year, which is expected to launch in 2026 and expand beyond its initial team size. (ANI)
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