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.