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Bangalore: Israel will
host the second high-tech industry association conference in
Jerusalem May 29-June 3 to attract investments and partnerships
from India in new technologies spanning IT, telecom, defence,
aerospace, renewable energy and security.
Organised by the Israeli ministry of industry, trade and labour,
the annual conference will provide a platform to investors,
venture capital firms, start-ups, entrepreneurs and research and
development professionals from India to explore technology
partnerships and investments in high-tech industries.
"There is huge potential to partner with Israel firms, which bring
in intellectual property (IP) and product ideas while Indian
companies offer access to market, complementing each other,"
Sagitaur Ventures Ltd chief executive B.V. Naidu said in a
statement here Sunday.
BDO-I2I, a joint venture between BDO Ziv Haft, a leading Israeli
accounting and business consulting firm, and I2I Ventures, the
holding company, focusing on entrepreneurship, business
development and investment banking between the two countries, will
coordinate the conference.
About a 100-strong Indian delegation led by BDO India chairman
Shailesh Haribhakti will participate in the brainstorming sessions
during the six-day conference.
The Indian business contingent will have representatives from
trade associations such as Indian Semiconductor Association (ISA),
Manufacturers Association of Information Technology (MAIT), The
Indus Entrepreneurs (TiE) and Avendus Capital.
Intel India president Praveen Vishakantaiah, ISA vice-chairman
Pradip K. Dutta, and Karnataka's IT, biotech and science
department principal secretary Ashok Kumar C. Manoli will be among
the delegates for the conference.
"The annual event is an ideal platform to build relationships with
Israeli firms in multiple areas," Dutta said, adding as in the
first conference in 2010, it will enable networking and developing
insights.
The association is the gateway to access Israeli technology with a
mission to strengthen the Israeli high-tech industry across the
value chain and create a global technological and innovative
leadership.
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