Visit our new website:

India may buy $3 bn worth of Israeli defence equipment

  • Fri, 17 Feb 2017 20:16
Israel would like to expand the current seller-buyer relationship with India and strengthen it further along with Make in India initiatives to boost technology tie-up, said Israeli ambassador Daniel Carmon.

In an interaction with DH as part of Aero India 2017, Carmon said the two countries attach high importance to their shared values.

"India is becoming one of our important partners. We want to end the buyer-seller relationship and go beyond it. We definitely have our solid relationship in research and development. We are celebrating 25th year of Indo-Israel diplomatic relations," he said.

He emphasised that the two countries attach high importance to shared values, interests and challenges. "Our defence ties with India are solid and we have a sizable presence of Israeli defence companies. Also, we have joint venture (JV) initiatives with both public and private sector companies," he said.

At Aero India, Israel has a massive pavilion with the solid participation of Israel Ministry of Defence (IMOD), private companies and JV partners.

SIBAT, a promotion board of IMOD, has put up a stall for facilitating high-end government-to-government agreements as India has sizable contracts with many Israeli industries.

India's Cabinet Committee on Security is expected to approve the procurement of Israeli military equipment worth an estimated $ 3 billion ahead of Prime Minister Narendra Modi's visit to Tel Aviv later this year.

Israel Aerospace Industries (IAI), which develops and produces military and commercial aerospace and defence systems, finds huge potential in the Indian defence market. "Besides unmanned aerial vehicle, we are collaborating with Indian companies in refueling vehicles, signal systems, etc," IAI executive vice-president Eli Alfassi told DH.

Besides signing MoU with Kalyani Strategic Systems Limited (KSSL) to build, market and manufacture specific air defence systems and ground-to-ground & ground-to-sea munitions, IAI also signed an agreement with Dynamatic Technologies to enable the indigenous capability for mini-UAV systems in support of the Indian government's 'Make in India' initiative.

Commenting on the growing Israel-India defence cooperation, David Keynan, vice chairman of the Federation if Indo Israeli chambers of Commerce, said the ambiguity created by the Trump administration in the US highlights the long-term and sustainable commitment of the defence ties between India and Israel.

"Over the past 25 years, many have been in and out of the Indian defence market. Only the Israeli defence industry has maintained steady and deep relations, regardless of any momentary situation," he said.
DHNews Service

Over the past 25 years, many have been in and out of the Indian defence market. Only the Israeli defence industry has maintained steady and deep relations, regardless of any momentary situation.
David Keynan, vice chairman of Federation if Indo Israeli chambers of Commerce

Deccan Herald - City


Related Stories

Rapist to challenge conviction, maintains 'rough sex' defence
  • Fri, 23 Feb 2018 10:41

A Canberra man who raped the mother of his children after the couple separated says he will appeal against his conviction after a judge jailed him for...

Justin Trudeau's India visit sparks outrage
  • Fri, 23 Feb 2018 08:25 - RSS Channel - App International Edition

Elections in north-east India highlight the BJP’s political savvy
  • Fri, 23 Feb 2018 08:12

“PRESERVE our tradition and culture,” reads the sign at the front of the community hall in the north-eastern Indian state of Meghalaya. It is writ...

Justin Trudeau rescinds India dinner invite to Sikh separatist
  • Fri, 23 Feb 2018 02:57

An alleged Sikh extremist had been invited to a dinner during Mr Trudeau's state visit to India. BBC News - Asia

CM's car meets with minor accident
  • Fri, 23 Feb 2018 00:36

The chief ministers car after dropping him at his official residence and returning back to Vidhana Soudha was brushed by another car in Gopal Gowda Ci...

Critics latch onto perceived snub, costume changes, as Trudeau tours India
  • Fri, 23 Feb 2018 00:32

A clash of political ideals may be behind a perceived snub of Justin Trudeau that has made international headlines as the prime minister passes the mi...

Vidwath's father got SPP to argue case
  • Thu, 22 Feb 2018 22:37

Special Public Prosecutor M S Shyamsundar was the choice of pub brawl victim L Vidwaths father J Loganathan. In a letter to Chief Secretary Ratna Prab...

How Facebook pays so little tax in India
  • Thu, 22 Feb 2018 22:36

Video Financials 13:24min Navigating the care system - what you need to know before looking for a care home FT Money editor Claer Barrett talks to Ros...

Vidwath can't speak yet
  • Thu, 22 Feb 2018 16:46

Vidwath L is slowly recovering but is still on a liquid diet and is unable to speak. Dr Anand K, consultant plastic surgeon, Mallya Hospital, said the...

India successfully conducts trial of nuclear capable of Prithvi-II missile - what you need to know
  • Thu, 22 Feb 2018 16:45

India today successfully conducted a night trial of its indigenously developed nuclear capable Prithvi-II missile with a strike range of 350 km, from ...

India doctors remove world's 'largest brain tumour'
  • Thu, 22 Feb 2018 14:56

The patient had been living for three years with the 1.8kg tumour, which was larger than his head. BBC News - Asia

Nothing to worry about, Haris Jr hints to aides in courtroom
  • Thu, 22 Feb 2018 14:35

Clad in a white shirt and black trousers, Mohammed Haris Nalapad walked into the courtroom of the 8th additional chief metropolitan magistrate amid a...

News Categories