Indo-Israel Investment

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Netanyahu gifted Modi the photo during a private dinner hosted for Indian premier at his residence

India and Israel cross border investment in technology through collaboration between startups in two countries and research is likely to reach $25 billion (nearly Rs 166318 crore) by 2025, estimates a joint report by software services lobby Nasscom and Accenture. Accenture and NASSCOM have jointly stated, in the report called Vision 25/25, that a cumulative cross-border investment in about b25 world class products across different sectors could potentially unleash a revenue of up to $25 billion over the next 7-8 years. The report is announced at a time when India and Israel are marking 25th anniversary of the establishment of diplomatic ties between two nations and Prime Minister Narendra Modi is on a three-day visit to Israel. While the cumulative cross-border investment in research and development is estimated to be $14 billion by 2025, the rest of the projected investment should take place through startup collaboration, said Raghav Narsalay, Managing Director, Accenture ...