India and Israel are expected to ink a deal to create a $40 million research and development fund for joint innovation, according to Economic Times (ET).
India-Israel trade totalled nearly $2bn in 2016 and has grown by 52% over the past decade. The next step is in discussion as part of India PM Narendra Modi’s 3-day visit to Israel.
According to reports, the innovation fund will focus on areas such as agriculture, water, energy and technology.
India’s PM Narendra Modi tweeted, “Today the entrepreneurial drive of Indians and Israelis brings us closer together. From start-ups to space, communications to cybernetics, Israel’s technological Read full story ›
Source: The Drum
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