Sources have made a statement that two leaders presented a series of agreements between India and Israel for cooperation on satellite technology, water and agriculture, as well as the creation of a $40 million innovation fund. It was stated that the agreements are part of efforts to extend relations in civilian areas between both countries, with Israel already selling India an average of $1 billion per year in military equipment.  



Meanwhile the joint statement calls for taking strong measures against terror organizations, their networks and all those who encourage, support and finance terrorism or providing sanctuary to terrorists. Both the countries’ mutual understanding will have a good impact and will be beneficial for the people of India and Israel.

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Accordingly India is Israel's biggest client in defense technology and both sides committed to extending that relationship with a special emphasis on PM Modi's Make in India campaign that asks foreign vendors to ensure the transfer of technology to Indian partners with the goal of reducing India's dependence on foreign arms.


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