India offers vast and promising investment opportunities for Israeli businesses, and industries on both sides can significantly deepen cooperation in sectors such as infrastructure development, manufacturing and artificial intelligence, Commerce and Industry Minister Piyush Goyal said on Thu
In 2023, total spending by Israeli businesses on internal R&D was 121.8 billion Shekels (USD 36 billion), and spending on external R&D (purchased by external parties) was 13.3 billion Shekels (USD 3.9 billion).
According to a report released by the Small and Medium Business Agency in Israel's Ministry of Economy and Industry on the incidence of cyberattacks and the methods of defense against them for 2023, 5 per cent of all Israeli businesses suffered from such attacks last year.