Also in PM Netanyahu's delegation will be the head of the Rafael Advanced Defence Systems that lost out on $500-million deal to purchase Spike anti-tank guided missiles. Now, it is learnt that the government is considering buying the missiles through G- to-G route, as per PTI.
The commitment is in addition to the India-Israel Industrial R&D and Technological Innovation Fund of Dollars 40 million over five years with equal contribution from both sides that has already been agreed between the two sides, deputy director general of Israel's Foreign Ministry, Gilad Cohen, had told PTI.
The Israel Prime Minister, accompanied by a high-level business delegation, will also be meeting the Jewish community and top business leaders in Mumbai.
Several MoUs, including in the field of oil and gas, renewable energy, an amended protocol for airports, cybersecurity, co-production of films and documentaries are expected to be signed between the two sides.
January 17 sees him joining Modi on a visit to the Indian leader's home state of Gujarat.
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"We always want all the worldwide community to vote with us, we are not very happy when some in the global community do not", Carmon said.
Both India and Israel are eager to expand bilateral trade, from the present annual value of $4bn to $10bn by 2022.
According to a statement by Israeli ambassador to India, Daniel Carmon, India's vote in the United Nations will not mar the bilateral relations. He said both PMs have struck a personal bond as well, which was displayed during Modi's visit to Israel past year. This is best illustrated by the headline in the Israeli daily, Haaretz: India Wants an Affair when it Comes to Israel, not a Serious Relationship.
The visiting dignitary, on Monday, will be given a ceremonial reception at Rashtrapati Bhawan which will be followed by the wreath laying at the memorial of Mahatma Gandhi. In the capital, Mr Netanyahu will pay a visit to the presidential palace, preside over a meeting of Indian and Israeli businessmen and inaugurate the Raisina Dialogue, a three-day foreign policy forum convened by ORF.
PM Modi had received a rousing welcome during his visit to the Jewish state in July a year ago when PM Netanyahu, who referred to the Indian leader as his "dear friend", had received him at the airport and spent the next three days by his side. From the ashram, the two prime ministers would go to "iCreate", an autonomous centre that mentors budding entrepreneurs and later, the Sabarkantha-based centre of excellence for agriculture.
The envoy spoke about his country's position on India's UNGA vote while sharing details of the January 14-19 visit by Prime Minister Benjamin Netanyahu.