Consulate General of Israel, Mumbai. by Mrs. Orna Sagiv Consul General of Israel in Mumbai

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1 Consulate General of Israel, Mumbai by Mrs. Orna Sagiv Consul General of Israel in Mumbai

2 ISRAEL SMALL COUNTRY LARGE IMPACT

3 Israel - The Perception When people think of Israel, many think Israel is the size of. Israel s population Is made up of Israel s economy is based on

4 But Do You Know? Israel has more companies listed on NASDAQ than any country outside US & Canada; Israel has the largest number of startup companies in the world, except the US; Israel will be the first country in the world to launch an electric car network (2011); Tel Aviv was named one of the world's Best City destination cities by Conde Nast Traveler; Israel is a vibrant, innovative, high-tech country!

5 Israel - The Reality Western border: Mediterranean Sea Eastern border: Jordan River Max Length: 470 km/290 min Max. Width: 135 km/85 min Min. Width: 16 km/10 min * Source: Israel Ministry of Foreign Affairs

6 Israel in the Middle-East

7 Comparing Israel with India

8 Israel - The Reality Population: 7.5 million; Religion: Jews 75%, Arabs 20%, Other 5% Life Expectancy: 80.7 years (Top 10); Internet Users: 74% of the population; Literacy Rate: 97% of the population (world s 2 nd highest); Official languages: Hebrew, Arabic and English; Israel has absorbed 350% of its population in over 60 years, from 75 countries across the globe.

9 Major Economic Indicators (2010) GDP: $202 Billion GDP per capita: $28,920 GDP Growth: 4.6% Inflation: 3.8% Unemployment: 6.6 % Exports Imports $81.8 billion $81.2 billion

11 An Economic Success Story GDP rank : 40 (out of 181); In May 2010, Israel has become a member of OECD; Israel is the only non- EU member of the European R&D Program; 30 bi-national technological development agreements with the US, Great Britain, the EU, Russia, China, India, Japan and others. Free Trade Agreements with the US, Canada, the EU, Mexico, Turkey, Jordan, Egypt, Romania, Bulgaria and the MERCOSUR bloc.

12 Israel Today Innovation & Creative Energy

16 Stories of Success Mobile telephony technology was developed by Motorola Israel; Voice over IP (Internet Protocol) telephony was invented by the Israeli founders of VocalTec; Four young Israelis created ICQ, the first Internet instant messaging (IM) application. Network Firewall & VPN Technology was developed by software security company Check Point.

17 Stories of Success Intel s Centrino and Core2Duo chips were developed in Israel; Israel is a leading destination for development of Mobile Applications like Fring and Snaptu Given Imaging s first ingestible camera to photograph small intestine The Philips Brilliance CT scanner Project Better Place will launch Electric Car network in Tel Aviv in 2011.

18 The Ingredients of Israel s Success Entrepreneurship and Resourcefulness; High-quality human capital & technical skills; Government support for R&D; Venture Capital; Open economy, strong ties with the global main players.

20 Start-Up Nation Highest Density of Start-Up Companies Attract per capita investment 2.5 times the U.S., 30 times Europe, 80 times India, and 300 times China Intel, Microsoft, Google, Cisco, Motorola, and so on everyone invests in Israel. From India there are Tata, Jain, Sun Pharma and the list is growing Democracy, Adversities, Mandatory Army Service, Diversity and Die Hard Spirit are some of the reasons behind success Israeli Innovative Engine, Indian Market and Entrepreneurship that is common creates Win-Win situation for both countries.

21 Higher Education in ISRAEL

22 Higher Education at a Glance 8 universities, 27 academic institutions, 27 institutions for training teaching staff Number of students 1,600 in 1948, Around 250,000 in % of GDP is spent on R&D (highest in the world) Leading nation when it comes to per capita patents Office of Chief Scientist established under the Ministry of Industry, Trade & Labour enables Israel to be a key center for high tech entrepreneurship Israel Defense Forces (IDF) plays a crucial role in R&D and Entrepreneurship Government support to Innovative Entrepreneurship. Incubation and Venture Capital Funds

23 Israeli Nobel Laureates

24 Venture Capital in Israel 70 active venture capital funds, of which 14 international VCs with Israeli offices 483 Israeli hi-tech companies raised $2.08 b raised in More than 220 international VC funds invest in Israeli companies

25 India Israel

26 India Israel Bilateral Trade $2.9 B $1.8 B $1.2B $1.9B

27 Imports from India Total $1,896 Million

28 Exports to India Total $2,875 Million

29 Important Bilateral Agreements Agriculture Industrial & Technological Research & Development Health and Medicine Protection of the Environment Indo-Israel Industrial Initiative for R&D Agreement on Economic Cooperation Three-year Work Plan for Cooperation in the Field of Agriculture Free Trade Agreement on Cards

30 India Israel Industrial R&D Cooperation Framework Supports Biotechnology Nanotechnology Space science and technology Water management Non-conventional energy sources (particularly solar) Collaboration Between Dept. of Science & Technology, Ministry of Science & Technology, Govt. of India & MATIMOP on behalf of the Office of Chief Scientist Grant up to US $ 500,000 per project, split between the Indian and Israeli partners.

31 Business Opportunities in Israel WHY ISRAEL?

32 Israeli Industry areas of Expertise: Home Land Security Environmental Solutions Renewable Energy Technologies Water Technologies Agro-Technology Life Sciences (Medical Devices & Biopharma) ICT : Information & Communication Technologies Auto-Components

33 Environment: Renewable Energy Sunny Israel is a natural place to develop solar and other alternative energy technologies; More than 90% of Israeli homes heat their water with solar power; Many Israeli academic research groups and industries are focused on solar and alternative energy; Incentive plans are driving growth. In 2008 the government began buying electricity from individuals who install rooftop photovoltaic solar panels.

34 Environment: Water Israel also has great expertise in water resources, geothermal technologies, energy management, conservation and desertification; 75% of Israel s wastewater is recycled; In 2009, the United Nations called Israel the world s most efficient recycled water user; Israel s water industry was valued at $1.4 billion in 2008, and could reach $2.5 b. by 2011; Israel is the only country that entered the 21 st century with a net gain in its number of trees, despite the fact it s mostly desert.

35 Agriculture Success Stories Greenhouses : Grow more than 3,000,000 roses per hectare per season, and an Average of 300 tons of tomatoes per hectare per season, four times the yields of open fields. Dairy farm: Average milk production has increased two and a half times since the 1950s from 3,900 liters annually to an average more than 12,000 liters per dairy cow (PA). Seeds: Disease resistant seed varieties developed; Seedless Watermelon ; Resistant Squash; 40% of European tomato greenhouses use seeds of Israelideveloped.

36 Life Sciences : Success Stories Copaxone, a worldwide blockbuster drug for the treatment of Multiple Sclerosis, was developed by Teva Pharmaceuticals; Cardiac stents were developed by Medinol and are used worldwide for heart catheterization; Insightec s ExAblate is the first noninvasive ultrasound uterine fibroid treatment.

37 Summary Israel is a center of innovation and technological excellence; Israel is a leading entrepreneurial society; Israel enjoys an excellent track record in breakthrough discoveries and innovations; Future results are expected to improve due to the maturity of the market; Foreign companies can cost effectively conduct cutting edge research in Israel; Israel s government and policies strongly support investment and economic growth.

38 What They Say Warren Buffet made his largest investment outside of the US in Israel s Iscar. "Some Americans came looking for oil, so they didn't stop in Israel. We came looking for brains, so we did stop in Israel.

39 Thank you!

STARTUP NATION: Israel s Surprising Economic Success In The Face Of Adversity (And What It Means For SC)

STARTUP NATION: Israel s Surprising Economic Success In The Face Of Adversity (And What It Means For SC) The State of Israel is a Startup November 29, 1947 UN General Assembly votes to adopt the UN Partition