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India shares some common strategic and security threats with Israel and its desire to get closer to the US has also helped in moving the ties forward. Besides being Israel's second largest trade partner in Asia, India's defence business with Israel has already crossed $9 billon and is growing.
The STATE OF ISRAEL came into being in 1948 and India recognised it in 1950, but diplomatic relations were not established due to India's non-aligned and pro-Arab policy. however, in 1992, India formally established diplomatic relations with Israel and since then has signed a number of agreements on economic, scientific, agricultural and cultural matters. Both the countries share a strong economic, military and strategic relationship. India shares some common strategic and security threats with Israel and its desire to get closer to the US has also helped in moving the ties forward. Three mutual strategic interests that have enhanced defence and security ties include the fight against terrorism and radical Islam, concerns over proliferation of weapons of mass destruction and long-range missile technology, and the growing interest of the two states in the Indian Ocean. India's condemnation of Israeli policies in the Palestinian territories has not affected the relationship. India is also the largest buyer of Israeli military equipment and second to the russian Federation in being India's supplier of defence equipment. The defence business has already crossed $9 billon (Rs.45,000 crore) and is growing.
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