Friday, August 29, 2008

India's new relationship with Israel

A Boom in Israel's Exports to India -Neal Sandler

As India's economy grows, exports from Israel to the world's second-most-populous country are soaring.

Netafim, a leading supplier of drip irrigation systems, has expanded its staff in India from fewer than 100 employees just four years ago to more than 700 and opened a second factory in Chennai.

Makers of everything from chemicals to software are seeing similar surges.

In the past two years Israeli real estate developers have committed billions of dollars to projects in India, constructing everything from housing to hotels and shopping malls.
(Business Week)

2 comments:

LHwrites said...

The rest of the world, without prejudice, will see how beneficial relations with Israel can be.

Bruce said...

Yes, that would be a good outcome. The full article mentions that China too is an area of expansion for Israel trade.