Netanyahu in India LIVE: India Sixth Largest Manufacturing Nation, But Not Done Yet, Says PM Modi

India’s development agenda is huge. It presents a vast economic opportunity for Israeli companies. I invite more & more Israeli people, businesses & companies to come & work in India. Along with Govt & people, the business community of India too is keen to join hands: PM Modi

We want to do more & better. To enable entry of capital & technology, most of the sectors including defence, have been opened for FDI. More than 90 percent of the FDI approvals have been put on automatic route. We are now among the most open economies: PM Modi

India-Israel Innovation Bridge will act as link between Start-ups of the two sides. I have been saying that Indian Industries, start-ups & academic institutions must collaborate with their Israeli counterparts to access the huge reservoir of knowledge. Several Isreali companies have joined hands with Indian companies for making in India: PM Modi

In India, we have been taking steady steps over three years at both macro as well as micro-level, to make a difference. Our motto is - Reform, Perform and Transform. Today we have emerged as the 6th largest manufacturing nation but we are not done yet. We have worked sincerely on ease of doing businesses in India. The results are there for everyone for to see: PM Modi

There is new energy and purpose that has invigorated our ties over the last few years. It will help take our cooperation to greater heights. We stand on the cusp of a new chapter in India-Israel relations driven by our people & mutual opportunities for betterment of lives: PM Modi

PM Netanyahu and I have had fruitful interactions with the CEOs of both countries. The role of business & industry is crucial in the transformation of our time. I have always had a deep regard for Israel and its people. I visited Israel in 2006 as CM of Gujarat. Last year in July, I visited Israel, 1st such visit from India. I experienced the remarkable spirit of innovation, enterprise and perseverance that drives Israel: PM Modi

In the last 5-10 years we have car industries. We have 500 startup companies that receive $ 500 bn investment every year: Netanyahu

You have brilliant people in India. We have brilliant people in Israel. What we can do, is shape the future together. I believe in India. I believe in India deeply, because I know the creativity your passion, and we are your partners, thank you for believing in Israel like we believe in India: Netanyahu 

Artificial intelligence is changing everything, connectivity are important and are changing the structure of growth. There is not going to be anymore distinction between high tech and low tech because at the end everything is going to be technology: Netanyahu 

PM Modi, dear friend, friend of Israel, thank you for your magnificent hospitality & friendship, Says Netanyahu 

Israel PM Benjamin Netanyahu & PM Narendra Modi attends India-Israel business summit.

Israel PM #BenjaminNetanyahu & PM Narendra Modi at India-Israel CEOs forum in #Delhi pic.twitter.com/lhjqixzU2F

— ANI (@ANI) January 15, 2018

India-Israel MOU#

India and Israel sign MOU on – cooperation in oil and gas sector, a protocol on amendments to air transport agreement, agreement on film co-production, field research in homoeopathic medicine, cooperation in the field of space, letter of intent to invest in India, cooperation in metal battery and cooperation in solar thermal energy.

"You being such a gracious and generous host fills me with hope that this new era of India-Israel relations will bring unprecedented benefits to both nations and all of humanity. Finally, this is perhaps the most important statement I can make here, my friend Narendra, anytime you want to do a Yoga class with me, it's a big stretch but I will be there. Trust me. Thank you very much for your hospitality," says Israeli PM Benjamin Netanyahu.

"India and Israel both know too well the pain of terrorist attacks. We remember the horrific savagery in Mumbai (26/11 attacks), we will never give in and will fight back," says Israeli PM Benjamin Netanyahu. 

"The Jews of India never experienced antisemitism in 2000 years. This is a tribute to India's great civilisation, tolerance and democracy. Personally, my wife and I are excited to visit Bollywood and see it first-hand ourselves," says Israeli PM Benjamin Netanyahu. 

"India and Israel have thousands of years of history. You are a revolutionary leader Narendra Modi, you have revolutionised India. Three things bind our countries - we have an ancient past, vibrant present and a quest to seize a promising future," says Israeli PM Benjamin Netanyahu.

"We will strengthen existing pillars of cooperation in areas that touch the lives of our peoples. These are agriculture, science and technology and security.We exchanged views on scaling up the Centers of Excellence that have been a main-stay of agricultural cooperation," says PM Narendra Modi.

"Today and yesterday we reviewed progress in our relations and renewed our relations on the opportunities that beckon us. We have imparted our shared impatience to the implementation of our earlier decisions. The results are already visible on the ground. Our discussions today were marked by convergence to accelerate our engagement and to scale up our partnership," says PM Narendra Modi.

"I have a reputation for being impatient to get results and so do you PM Netanyahu. We will strength our cooperation in areas that affect the lives of our people i.e. agriculture, science and technology and defence. I welcome Israeli companies to come take advantage of the liberal FDIs in India's defence sector. We will also fecilitate the flow of ideas between both sets of people. We will bring our people closer, with a Indian culture center opening in Israel and we will have an annual programme, wherein 100 young people travelling from India to Israel and vice versa to exchange ideas," says PM Narendra Modi.

"It is a great honour to welcome Prime Minister Benjamin Netanyahu to India on his first trip here. This is a long-anticipated moment in the diplomatic relations between India and Israel. I was overwhelmed by the warmth shown by Israel during my visit," says PM Narendra Modi.

Nine MoUs signed between both countries, including one on cyber security, science and technology.

The joint press conference between PM Narendra Modi and his Israeli counterpart Benjamin Netanyahu begins.

PM Narendra Modi and Israeli PM Benjamin Netanyahu hold delegation level talks at Hyderabad House in Delhi:

PM #Modi and PM #Netanyahu hold delegation level talks at Hyderabad House in Delhi #NetanyahuInIndia pic.twitter.com/p3ke9qSiUd

— ANI (@ANI) January 15, 2018

Benjamin Netanyahu and PM Modi will initially have a one-on-one meeting for the first half an hour, which will be followed by delegation-level talks, reports CNN-News18's Maha Siddiqui.

PM Narendra Modi and his Israeli counterpart Benjamin Netanyahu hold bilateral talks at Delhi's Hyderabad House.

Visuals of Israel PM Benjamin Netanyahu and wife Sara Netanyahu at Rajghat:

Delhi: Israel PM #BenjaminNetanyahu and wife Sara Netanyahu at Rajghat pic.twitter.com/E02bhC1OJ8

— ANI (@ANI) January 15, 2018

Israeli PM Benjamin Netanyahu and his wife Sara Netanyahu lay a wreath on Mahatma Gandhi's memorial at Rajghat.

"This is the dawn of a new era in the friendship between India and Israel. PM Modi set the ball rolling with his historic visit to Israel, which created tremendous enthusiasm and it continues with my visit here. Our visit to India has been deeply moving for my wife, me and the entire people of Israel. I think it heralds a flourishing partnership to bring prosperity, peace and progress for both our people," says Israeli PM Benjamin Netanyahu at Rashtrapati Bhavan.

Israeli PM Benjamin Netanyahu has now left Rashtrapati Bhavan and is now travelling to Rajghat to lay wreath at Mahatma Gandhi's memorial.

This is the dawn of a new era in the friendship between India and Israel, says Prime Minister Benjamin Netanyahu at Rashtrapati Bhavan in Delhi.