India-Israel to strengthen ties 

  • IASbaba
  • July 26, 2020
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India-Israel to strengthen ties 

Part of: GS Prelims and Mains II and III – India-Israel ties; International relations or bilateral relations; Defence 

In news: 

  • India invited greater participation from Israeli defence companies under the new liberalised foreign direct investment (FDI) regime in defence manufacturing. 
  • Indian Armed Forces are undertaking a series of emergency defence purchases, including from Israel, amid ongoing tensions with China on the border. 

Do you know? 

  • In May, the government increased the limit for FDI in defence through the automatic route from 49% to 74%.  
  • India and Israel are also collaborating in research to fight the COVID­19 pandemic. 
  • India’s defence deal with Israel – India to order more Spike Anti­-Tank Guided Missiles (ATGM) and additional Heron Undermanned Aerial Vehicles (UAV) from Israel. 

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