Date:04/07/2005 URL: http://www.thehindubusinessline.com/2005/07/04/stories/2005070400821300.htm

Back Trade delegation to Israel

Our Bureau

Hyderabad , July 3

THE Indo-Israel Chambers of Commerce and Industry in association with the Israel Asia Federation is leading a special high-powered young corporate leaders delegation to Israel.

On a five-day visit (July 4-8), this delegation would accompany the State Chief Minister, Dr Y.S. Rajasekhara Reddy.

The President, Indo-Israel Chambers of Commerce and Industry, Mr Ken Sagar, in a statement said, "This delegation will interact with top Israeli companies at a session termed as Israel - AP - Focus on Innovation. Israel stands out in technology strengths and the top corporate houses in AP would be able to take advantage of technology advancements through joint ventures or technology acquisitions."

Apart from specific visits to agricultural technology centres, the delegation would also visit soil salinity and soluble fertilisers centres where Israel has edge in technologies. While much emphasis is on agriculture, other technologies would also be showcased.

The delegation comprises representatives from Maytas (Satyam Group), Exiga (Raasi Group), Gayatri Group, Sujana Group, GMR Group, ICOMM Tele, TIE, Pokarna Group, Bartronics India, Bio Matrix and Nagarjuna Group among others.

This would be the first such delegation where the Young Corporate Leaders will be in Israel along with the CM, meet and interact with top business houses and Government institutions. Besides diamonds, which accounted for 60 per cent of India's exports to Israel in 1999, major export items from India include textiles, cotton yarn, organic chemicals and machinery.