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Indian, Israeli companies sign strategic business pacts worth over $4.3bn

CEOs feel bilateral trade has potential to grow fivefold to $20bn in 5 years

Indian Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu at the CEOs forum in Tel Aviv on Thursday. (Photo by Press Information Bureau)
KIRAN SHARMA, Nikkei staff writer | India

NEW DELHI -- Indian and Israeli companies have signed a dozen key agreements valued  at more than $4.3 billion for collaboration in a range of sectors including aerospace, defense, water and rail infrastructure.

The deals were struck during Prime Minister Narendra Modi's three-day visit to Israel which concluded on Thursday.

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