Bilateral Innovation Agreement

Recently, India and Israel signed a pact aimed at boosting innovation and speeding up the development of dual use technologies by small and medium sized firms in both countries.

  • The signing of the pact comes after two recent high level visits to Israel from India.

Key Highlights

  • Agencies: The pact was signed between India’s Defence Research and Development Organisation (DRDO) and Israel’s Directorate of Defence Research and Development (DDR&D).
  • Bilateral Innovation Agreement: The agreement - known as the Bilateral Innovation Agreement (BIA) - will promote innovation and accelerated research and development (R&D) in startups and Micro, Small and Medium Enterprises (MSMEs) of ....
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