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Israel Ministry felicitates Jain Irrigation for its contribution in Israel

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Announcement Corporate
Last Updated : Jan 21 2013 | 3:13 AM IST

Highlights:

  • Jain Irrigation is the only Asian company to get this award
  • Has been conferred with Special Awards by the Israel Asia Chamber of Commerce
  • In the last 3 years Jain Irrigation has invested $40 M in Israel products, largest investment by any Asian Company

Jain Irrigation Systems Ltd (JISL), the largest manufacturer of drip irrigation in India, has been felicitated with 2 Special Awards from Israel – Asia Chamber of Commerce. The committee has conferred this award to Jain Irrigation for its outstanding activity in Israel and its investment in NaanDan Jain Irrigation. It also awarded Lifetime achievement award to Mr. Amnon Ofen, Director, NaanDaan Jain Irrigation for his break through Israel-India activity

In 2007 Jain Irrigation acquired 50% of NaanDanJain Irrigation Ltd a global irrigation company which provides technological leadership with the widest range of cost-effective and customized solutions. With nine subsidiaries, five international manufacturing plants and a wide network of representatives, the company has a strong presence on all continents

Mr. Fuad Ben-Eliezer, Minister of Industry, Trade and Labor handed over these awards during the Annual Event of the Israel-Asia Chamber of Commerce. The investments made by Jain Irrigation and its continuous contributions in Israel have been recognized for these awards. Mr. Amnon Ofen is the Israel representative of Jain Irrigation who has significantly contributed to the business and financial collaboration between India and Israel.

Jain Irrigation is the only Asian / Indian company to invest in an Israeli company. Ever since JISL’s collaboration with Israel companies in 2007; Jain Irrigation has invested $40 m in Israeli products. This is the largest investment by an Asian company in Israel in the past 3 years.

About Asia-Israel Chamber of Commerce: (www.israelasiacenter.org)
The Israel- Asia Chamber of Commerce, founded in 1984, facilitates and accelerates bilateral trade and business relations between Israel and Asia by providing assistance to Israeli companies with their commercial and business activities in Asia. The Israel-Asia Chamber covers several countries in Asia including: India, China, Nepal, Sri-Lanka, South Korea, Taiwan, Singapore, Indonesia, Malaysia, The Philippines, Cambodia and Laos. The Chamber is a non-profit organization, founded by the Ministry of Industry and Trade, the Ministry of Foreign Affairs, the Ministry of Finance, the Manufacturers Association of Israel, the Export Institute as well as governmental, private and public Israeli companies. The Chamber’s members represent a wide variety of Israeli companies from all sectors of industry.

About NaanDaan Jain Irrigation Systems Ltd: (www.naandanjain.com)
NaanDanJain Irrigation Ltd., is a global irrigation company which provides technological leadership with the widest range of cost-effective and customized solutions. The 2007 merger of NaanDan and Jain generated an enriching multi-cultural synergy with significant expansion of the product portfolio, R&D activities, and the global sales and marketing network. Jain and NaanDan each own 50% of the company.

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First Published: Jun 08 2010 | 7:39 PM IST

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