Business / Industry Sectors
Israel-India joint R&D projects encouraged through the i4RD program
The i4RD program provides a platform for fruitful cooperation between Israeli and Indian companies. One good example of such a partnership is the one between Israel's Shiratech and India's Accel.

In April 2012, Shiratech, a small Israeli start-up company offering ARM based System on Modules (SoM), submitted a joint application for funding to the India-Israel Initiative for Industrial R&D (i4RD) call for proposal, alongside the India-based company Accel Frontline Limited, a leading provider of Integrated IT services to small, medium and large enterprises.


"At Shiratech, we create ARM based System on Modules (SoM) that are used as off the shelf control and processing modules for embedded applications. We saw that Shiratech could benefit greatly from the scalability that Accel Frontline can offer,” says Mr. Ramon Horkany, Head of Sales and Marketing at Shiratech. 


"Accel Frontline develops the software that powers our SOMs, and has a workforce of about 2000, with about 600 engineers in software's services division. Also, Accel has development centers in India and subsidiaries in USA, UK, UAE and Japan".


The two companies, who were previously acquainted, capitalized on the i4RD program to kick-start their partnership. "The i4RD program enabled us to overcome barriers to our cooperation; since the program provides the framework to the cooperation, and demands a comprehensive plan in advance. There are incentives for both sides, and this really helped to spur our cooperation".


"We have been working together for almost a year now, and I am very happy with our partnership. We work really well together, and this is not a trivial point. The results so far are impressive; we have successfully completed all the goals that we set during the application," says Mr. Horkany. 


"We now have two production teams in Kochi and Trivandrum, and have secured an Israeli project which came out as a result of the cooperation with Accel Frontline". 


With the R&D project almost complete, the two companies plan to carry on with further projects. It does not end here; both companies are aspiring to establish a presence in Europe and the USA, not just in Israel.


The i4RD framework is jointly implemented by the Global Innovation and Technology Alliance (GITA), which is promoted jointly by the Technology Development Board of the Department of Science & Technology (DST), Government of India and the Confederation of Indian Industry (CII), in India and MATIMOP, the Israeli Industry Centre for R&D, on behalf of the Office of the Chief Scientist (OCS) in Israel. In addition to assistance in identifying potential partners for R&D projects in the target country, the program also offers Israeli and Indian companies access to national and state-level funding schemes, and this service is offered on an ongoing basis.


Source: Matimop


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