India-Israel collaboration has a revenue potential of $25 billion by 2025 according to NASSCOM report.
According to Accenture and NASSCOM Report ‘Collaborative Innovation: The vehicle driving Indo-Israel prosperity’ talks about Vision 25/25” which estimates that by 2025, upto $25 billion of revenue potential can be unleashed for businesses in these countries through cumulative cross-border investment into Indian and Israeli startups.
The report identifies IINSPIRE ((Israel India Startup Platform for Innovative Research and Entrepreneurship) framework to unlock innovation potential of the two startup nations.
It concludes by recommending the creation of a program called IINSPIRE which aims to unleash the combined power of these two nations to deliver on Vision 25/25, by combining their strengths across three areas: talent, technology and temperament.
As technology products and services leaders, collaboration between India and Israel promises to unlock significant gains across key sectors of mutual interest.
A systematic approach and an institutionalized framework is needed for India and Israel to capitalize on their complementary strengths, deepen relationships and strengthen understanding of each other’s markets.