India and Israel have announced the launch of a Startup Bridge to strengthen collaboration in deep tech and innovation. The initiative was unveiled during Union Commerce and Industry Minister Piyush Goyal’s visit to Tel Aviv, where he met with Israel’s Minister of Economy and Industry Nir Barkat.
The two countries signed Terms of Reference to deepen cooperation across sectors, with the Startup Bridge serving as a platform to connect entrepreneurs, researchers, and investors. Focus areas include cybersecurity, medical technology, mobility solutions, climate action, green steel, and advanced deep tech innovations.
India aims to benefit from Israel’s reputation as a global startup hub, while Israel looks to leverage India’s scale and competitive innovation ecosystem. The Startup Bridge is also expected to play a role in the proposed trade agreement between the two nations, placing technology and innovation at its core.
Minister Goyal led a 60-member business delegation to Israel, underscoring India’s commitment to building strong industry-to-industry ties. He emphasized that the collaboration would not only strengthen bilateral relations but also contribute to addressing global challenges in sustainability, healthcare, and technology.
In summary: India and Israel have launched a Startup Bridge to boost collaboration in deep tech and innovation, focusing on critical sectors and reinforcing their partnership for global impact.
