Business / Industry Sectors
Israeli tech companies participate in CII Knowledgeexpo in India
21/11/2014
The Israeli delegation includes 12 Israeli companies focussing on Cleantech, ICT, biotech and medical devices.

As ties between India and Israel deepen, a top, multi-sector business delegation from Israel is attending the Global Innovation and Technology Alliance Platform. The international conference is a part of the first  CII Knowledgexpo for technology and innovation in Delhi, being held on November 20-21. 

 

The delegation includes twelve leading  Israeli tech companies focusing on Cleantech, ICT, biotech and medical devices. It is an initiative of MATIMOP, Israel's Industry Center for R&D, and the Office of the Chief Scientist at the Israeli Ministry of Economy, in cooperation with Israel's Foreign Trade Administration, said a statement. 

 

It is the second year in a row Israel is sending such a group. The Knowledgexpo will give delegates the opportunity to showcase their technologies and engage in B2B meetings. Several of the Israeli company delegates are speaking in sector-specific sessions at the conference about their technologies and opportunities for business collaboration. 

"The Israeli delegation represents some of the finest technology companies in their fields, with cutting-edge products and services that are a great fit to the Indian market," said Asia Pacific Department at MATIMOP, Executive Director, Mr. Avi Luvton. 

"Delegations like this are a powerful tool to strengthen collaboration between India and Israel, providing a boost to the strategic ties between the two countries with mutual benefits. This kind of event compliments our core industrial R&D cooperation programs, which provide access to funding and support for partner matching. All these activities support industrial R&D cooperation and contribute to the development of strong ties between India and Israel," he added. 

Since the establishment of diplomatic relations between India and Israel in 1992, bilateral trade and economic ties between the two countries has grown rapidly. Bilateral trade increased from $200 million dollars in 1992 to more than $5 billion dollars in 2013. India continues to be a 'focus' country for the Israeli Government's increased trade efforts, and Israel's economic relationship with India is expected to strengthen under the new  Modi Administration

At the conference, the spotlight is also on Israeli medical devices innovator ReWalk, whose gait-mimicking system allows people affected by spinal cord injuries to walk independently.

 

Source: Economic Times

 

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