India is Israel's largest buyer of military hardware and it was the first visit by any Israeli Defence Minister to India after the two countries established full diplomatic ties in 1992.
"This is a historic visit by all means as we used to have our relationship, securitywise, behind the scene....We have many similarities that we find between India and Israel," he said delivering the 6th Annual R K Mishra Memorial Lecture at the Observer Research Foundation.
"Israel is a tiny country but it does share a lot with India, including common interest," he said, adding, "We have found a way to cooperate behind the scene when it comes to security, we do cooperate in many areas."
He said that Israel was ready to share its technology and expertise with India in areas such as defence, security and technology at government-to-government level as also at the private sector level.
"We hope that by finding the way of cooperation between the two countries, sky is the limit. We are experienced and we are flexible," he said.