With yoga, diamond, and fruit orchards, India's relationship with Israel is moving towards a new direction.
Since 1992 the bilateral trade between the two countries has grown from Rs. 1300 crore and reached its peak at Rs. 33,735 crores in 2011. Smt. Nirmala Sitharaman, Minister for Commerce and Industry, met Ambassador Carmon to discuss ways to further improve and promote bilateral India-Israel trade and business in 2014.
As a bilateral action plan, 26 Centers of Excellence in Agriculture will be developed in India with the help of Israel during 2015-18. 10 out of these 26 centers have already been commissioned across different states such as Haryana, Maharashtra, Rajasthan, Gujarat etc.