A top, multi-sector business delegation from Israel will be attending the
Global Innovation and Technology Alliance Platform, an international conference being held as part of the Confederation of Indian Industry
Knowledge Expo mega-event for technology and innovation 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. The companies and innovations will be highlighted in a large purpose-built pavilion in the International Exhibition Hall of the conference. It will be the second year in a row Israel is sending such a group.
Knowledge Expo will give delegates the opportunity to showcase their technologies and engage in B2B meetings. Several of the Israeli company delegates will be 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 Avi Luvton, Executive Director of the Asia Pacific Department at MATIMOP. "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."
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 US$200 million in 1992 to more than US$5 billion 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, a spotlight will be given to Israeli medical devices innovator
ReWalk, whose representative, Mr. Yishai Potack (Director of Sales and Business Development), will deliver a keynote presentation during the Awards Evening for the India Innovation Initiative (i3) on November 20 at 6pm local time, as well as a demonstration of ReWalk’s groundbreaking gait-mimicking system that allows people affected by spinal cord injuries to walk independently.
About CII Knowledg Expo CII Knowledg Expo will showcase the world’s top technologies in life sciences and biotechnology, renewable energy, sustainable urbanization, IT, robotics and animation and security technology and many more innovative products and services. The Indian government is reaching out to experts, pioneers and visionaries in technology. Through CII Knowledg Expo, India is seeking the knowledge and expertise it needs in order to reach its economic goal for 2020: becoming a US $5 trillion economy.
About the Israeli Office of the Chief Scientist & MATIMOP The Office of the Chief Scientist (OCS) in the Israeli Ministry of Economy is charged with execution of government policy for support of industrial R&D. The goal of the OCS is to assist in the development of technology in Israel as a means of fostering economic growth and encouraging R&D collaboration both nationally and internationally. MATIMOP, the executive agency of the OCS, promotes international cooperation in industrial R&D, providing access to funding for cooperative international R&D projects and assistance in identifying partners.
The Foreign Trade Admin & Economic Department at the Embassy of Israel The Foreign Trade Administration at the Ministry of Economy is responsible for managing and directing the international trade policy of the State of Israel. The Administration's main fields of activity include promotion of trade and exports, initiating and maintaining trade agreements, attracting and facilitating foreign investments and creating strategic cooperation with foreign companies.
The Economic Department at the Embassy of Israel, New Delhi has been promoting cooperation in technologies between the business communities from both countries. This promotion has been by visiting delegations from Israel to India, Indian delegations visiting Israel, signing MOUs for cooperation with states and organizations active in various sectors, etc.