WION Web Team Delhi, India
Jul 06, 2017, 07.25 AM
By Aimen Zaki
The India-Israel CEOs Forum is all set to receive Prime Minister Modi and his counterpart Israeli PM Netanyahu in Tel Aviv today. Following PM Modi's visit, Israel-India Innovative Initiative Fund has been announced to raise investment in the field of technology.
The forum will initiate an interactive session between CEOs from Israeli and Indian companies. Two important names which are reportedly set to attend the meeting include Joseph Weiss of Israeli Aerospace Industries (IAI) and Uzi Landau of RAFAEL Advance Defense Systems.
Joseph Weiss of Israeli Aerospace Industries (IAI)
Joseph Weiss is the CEO and President IAI. He has served in the Israeli Navy for 27 years.
Weiss has been associated with many defence system programs including Israel's new advanced submarine program. He headed the $1 billion Dolphin class submarine development and manufacturing program which is Israel's latest development in the field of defence.
Before serving in the Israeli Navy, Weiss did his Mechanical Engineering from Technion and MBA from Tel Aviv University. During his tenure in the Navy, he was given big projects like managing USA's advanced weapon system program for the Israeli Navy.
IAI is famous for its aerospace products and the bilateral ties between the two countries can help India to acquire multifunctioning aircraft, drones, missiles and space-based systems.
Uzi Landau, Chairman of RAFAEL Advance Defense Systems (Others)
Rafael Advanced Defence System, commonly known as RAFAEL is an Israeli defence technology company which was founded in 2002. Uzi Landau was appointed as the Chairman of RAFAEL before he served as the Minister of Tourism, and Minister of Energy and Power in the government. Landau also headed the Knesset Foreign Affairs and Defense Committee.
Formerly known as EMET, RAFAEL has been a pioneer in defence equipment technology which includes Python missiles, Spike missiles and Iron Drome defence system.
RAFAEL has first-hand experience at developing and manufacturing air defence, missiles defence, air-to-air defence and aerial tactical precision guided weapons. RAFAEL had signed a deal with Reliance Defence Ltd. for air missile systems last year.
During the Defence Expo 2016 in India, RAFAEL Executive Vice-President had said: "Movement towards 'Make in India' is an excellent opportunity for us to showcase our technology. We would like to work with our Indian partner right from the beginning in manufacturing and maintenance of products so that we can provide an excellent solution to the armed forces."
It would be interesting to watch how India will benefit from RAFAEL as India and Israel set their eyes on future defence deals.