By FMTeam Israel is a very small nation, but you’ll be surprised to know how many of their companies are growing quite big in other parts of the world. Sure, India and Israel have really good relations in the larger geopolitical scene, and that’s why you can expect to see some Israel-based companies functional right here in India, right? And that is precisely what today’s post is all about because here we will be taking a good look at the top 10 leading Israel companies in India as of 2024. Alright, we won’t bore you with this intro stuff anymore, let’s just get to the list right away.
1. Teva Pharmaceutical Industries Ltd.
First of all, when we talk about Israel-based companies that are doing well in India, we can’t just skip past Teva Pharmaceutical’s name. You see, founded in Israel in 1901, Teva Pharmaceutical Industries is a top player in generic medicines worldwide, and we can say for sure. Without a single doubt, this very company is well-known for its affordable and life-saving medicines around the globe, including India, where its presence in Whitefield, Bangalore has transformed the way essential medicines are accessible. Just so you know, Teva’s focus on low-cost generic drugs and raw materials has made good healthcare available to millions, thus making the company a strong competitor in the fast-expanding Indian healthcare market.
2. Tower Semiconductor
2nd on the list had to be Tower Semiconductor, defined as the leader of analog integrated circuits in Israel, which is on the verge of a remarkable breakthrough in the semiconductor sector of India. Just so you know though, the firm has recently signed a deal with the renowned Adani Group of India to build a semiconductor fabrication plant worth $10 billion in Maharashtra, an initiative that will initially output 40,000 wafers a month. This move of Tower Semiconductor is enhancing its position in the Indian market while the utilization of local engineering talent is an additional aspect of Tower Semiconductor to meet the demand across electronics, automotive, and telecom industries.
3. Watergen
The challenge of water shortage in India led to Watergen, the company that is advocating that technology gets rid of the world’s most precious commodity in a sustainable and efficient way that is recycling water that is currently in the atmosphere into pure and clean drinking water. That sounds fascinating, but it is feasible as well. Right here in India, you see, in partnership with SMV Jaipuria Group, Watergen is setting up a local manufacturing facility, with units already deployed in places like New Delhi and Kerala.
4. Netafim
Next on the list, Netafim, kinda a pioneer in smart irrigation, has helped a lot of farmers with their advanced drip irrigation technology since 1997. Today, Netafim India operates three production plants and employs over 1,000 people, serving more than 1 million hectares, did you know that already? Like, their recently launched project “Toofan,” is a big success in this particular department in the farming industry, especially right here in India.
5. Check Point Software Technologies
Established way back in 1993, Check Point Software Technologies stands as one of the first few and top options in cybersecurity in India due to the country facing big cybercrime threats recently. Something recent, you see, just this year, in May 2024, Check Point opened a 42,700-square-foot office in Bengaluru, its second-largest globally. That just goes to show how serious they are about the Indian market and their presence in the country.
6. Amdocs
Then, Amdocs, the company that is leading the way in telecom software, is the backbone of India’s telecom industry through its innovative technology solutions, and what’s precisely that? Well, just so you know, Amdocs has a huge pool of skilled labor in India and it is engaged in the reformation of telecom operations making them efficient for some of the biggest telecom service providers in the country. Apart from that, you should know that they have kinda big offices already set up in cities like Pune and Gurugram.
7. Sarine Technologies
Sarine Technologies, which is the world leader in diamond processing technology, has been functioning as the backbone of India’s diamond industry since 2004, did you know that already? Like, with its technology, Sarine has trimmed the diamond evaluation period for Indian manufacturers. Sarine was also able to finish manpower hiring with 380 staff in Mumbai and Surat. The latest developments of Sarine, such as Galaxy™ inclusion mapping and AI-based grading, are the most notable innovations right here in India.
8. Rivulis
For sure, Rivulis is the company that has spent a great deal of effort expanding itself in India where it provides micro-irrigation solutions thus addressing the needs of farmers, ever since it was launched. Right now though, its products such as drip lines or sprinklers have found widespread use in India’s farms and have been beneficial for water conservation and crop yield. Like, the 2022 merger with Jain Irrigation international business has been the latest catalyst that has given Rivulis the power to lead in sustainable irrigation solutions.
9. Delta Galil Industries
Next on the list, Delta Galil Industries cracked open a new market in India it was presumably not able to penetrate before in 2024 when they partnered with retail giant Reliance Retail Ventures. Now though, the deal will help Delta Galil go through Reliance’s huge store network of 18,000. Delta Galil is on the right track to reaching out to India’s youth which is always fashion-conscious through the Indian fashion market that is advancing rapidly.
10. Elbit Systems
Elbit Systems, which is a leading defense electronics company, is backing India in its defense production through cooperation with Adani Defence which is one of its partners. They launched the drone-making facility that is the first of its kind in India, you know? Not just that though, the company also made the ambitious AMCA proposal in this country by proposing the super high-tech Helmet Mounted Display systems for the AMCA program thereby showing its firm purpose of local production & transfer of technology.
Conclusion
These are by far the biggest and leading Israeli companies right here in India, that are involved or functional in some way right here in the country. So next time you hear or see their name pop up somewhere, you’ll know that these are actually the Israel-based companies that are doing pretty well in the Indian market.