India-Israel Economic Partnership Gains Momentum with New Investments
Leading industry executives from Israel and India have highlighted growing cooperation across manufacturing, cybersecurity, food, and water technology sectors, pointing to a “very good atmosphere” driving new investments and job creation.
Key Takeaways
- Industry leaders cite strong political and business climate boosting India-Israel ties
- Check Point operates largest R&D center outside Israel in Bengaluru, plans more hiring
- LT Foods’ Daawat brand holds 40% share in Israel’s premium rice market
- IDE Technologies to open Mumbai center of excellence by 2026
Strengthening Bilateral Confidence
Avi Balashnikov, Chairman of Israel Export & International Cooperation Institute, called recent high-level exchanges a strong confidence signal. “We just came back from India… and the impression is very, very big,” he said.
Balashnikov emphasized that “friendship, pure friendship… give the right formula for good businesses,” noting stronger economic ties create “more jobs and jobs” in both economies.
Manufacturing Sector Optimism
Ron Tomer, President of Manufacturers Association of Israel, stressed the importance of positive business climate. “If there is a good atmosphere, it’s good for business,” he noted, highlighting the “so, so big” cooperation potential across industries.
Food Industry Presence
LT Foods CEO Inderjeet Kaur Arora revealed their Daawat brand holds about 40% market share in Israel’s premium rice segment after 15 years of presence. “Everybody here in Israel knows Dawat,” she stated, indicating plans for further expansion.
Cybersecurity Expansion
Check Point CEO Nadav Zafrir described India’s strategic role, noting they already protect “some of the most critical infrastructure” in India. The company operates its largest R&D centre outside Israel in Bengaluru and plans additional hiring, citing India’s strength in “deep tech” and network engineering.
Water Technology Partnerships
IDE Technologies CEO Alon Tavor highlighted 25-year association with Reliance and other Indian partners, working across data centres, industrial desalination and municipal water reuse. The company plans to open a center of excellence in Mumbai during the coming year, expected to launch in 2026 and expand beyond initial team size.
