India and Israel are set to resume negotiations for a proposed Free Trade Agreement (FTA) in May, signalling renewed momentum in efforts to deepen bilateral economic ties.
Officials from both sides are expected to reconvene after a gap to advance discussions on tariff reductions, market access, investment facilitation and cooperation in high-technology sectors. The proposed pact aims to expand trade in goods and services while strengthening collaboration in areas such as innovation, agriculture, pharmaceuticals and defence-related manufacturing.
Bilateral trade between the two countries has grown steadily over the years, spanning sectors including diamonds, chemicals, electronics, machinery and agricultural technology. Policymakers believe a comprehensive trade agreement could unlock further potential by easing regulatory barriers and improving supply chain integration.
Industry stakeholders have welcomed the move, noting that an FTA would provide greater certainty to exporters and investors. Indian companies are keen to enhance access to Israel’s technology-driven market, while Israeli firms are looking to tap into India’s large consumer base and manufacturing ecosystem.
The upcoming round of talks is expected to focus on resolving outstanding issues and setting timelines for future negotiations, with both governments expressing commitment to concluding a mutually beneficial agreement.