Wishesh magazine february 2018 Wishesh magazine february 2018 | Page 96

IN BUSINESS India is working with Israel to make it easier for people of to work and visit each other’s countries, including for longer work durations. Indian Cultural Center will be opened: To bring people closer on both sides, an Indian Cultural Center will soon open in Israel. Annual exchange of bilateral visits: 96 An annual exchange of bilateral visits by 100 young people from science-related educational streams has also been started. Successful two-way trade and investment: Thriving two-way trade and investment is an integral part of the bilateral vision for a strong partnership. India welcomes the large business component that Prime Minister Netanyahu has brought along with him. Perspectives on the regional and global situation: Perspectives on the regional and global situation were also been exchanged. WWW.WISHESH.NET | FEBRUARY 2018 The two countries reviewed cooperation as a factor for stability and peace in our regions and the world. The India-Israel Innovation Bridge will act as a link between the Start-ups of the two sides. Discussions on the India-Israel Innovation and Technology Conclave: Indian Industries, start- ups and the academic institutions must collaborate with their Israeli counterparts to access the huge reservoir of knowledge. Discussions on The India-Israel Innovation and Technology Conclave were held which is going to be held in India in July 2018. This Conclave will spur co–development of new technologies. Progress so far: Several Israeli companies have joined hands with Indian companies for making in India. Can Israel prove to be one of the strongest supports for India’s ‘Make in India’ initiative? Many others, especially those with advanced water technologies and agri techniques, defence and security systems, and pharma knowledge have a foot-hold in India. Yes, Israel is universally known as the Start-up nation with a unique eco-system for innovation and incubation. Similarly, Indian companies have significant presence in several sectors in Israel like IT, Irrigation and Pharma. Whether it is Water Tech, or Agri-Tech, or it is food production, or processing or conservation, Israel has been a shining example with new breakthrough and advances. Diamond remains a strong link in trade between the two countries. Whether it is physical or virtual security; whether it is on land, water or space; Israel technology has won admiration. The significant visit of the Israeli Prime Minister is certainly the dawn of a new era in friendship between India and Israel. Conclusion: