India is the largest buyer of Israeli military equipment and Israel is the second-largest defence supplier to India after Russia. In 1996, India purchased 32 IAI Searcher unmanned aerial vehicles (UAVs), Electronic Support Measure sensors and an Air Combat Manoeuvering Instrumentation simulator system from Israel. Bilateral trade between India and Israel grew from $200 million in 1992 to $4.52 billion in 2014.
Israeli imports from India amounted to $2 billion or 3.5% of its overall imports in 2015. The 10 major commodities exported from India to Israel are Gems, precious metals, coins, Organic chemicals, Electronic equipment,Medical, technical equipment Plastics Vehicles Machinery, Other textiles, worn clothing,Knit or crochet clothing
Israeli exports to India amounted to $2.3 billion or 3.8% of its overall exports in 2015. The 10 major commodities exported from Israel to India are Gems, precious metals and coins, Electronic equipment, Medical, technical equipment, Iron or steel products, Fertilisers, Machinery, Organic, chemicals, Other chemical goods, Inorganic chemicals, Plastics
In 2008, Israel and India finalised an agricultural plan introducing crops native to the Middle East and Mediterranean to India, with a particular focus on olives. Subsequently, around 112,000 olive trees were planted in the desert of Rajasthan
Judaism was one of the first foreign religions to arrive in India in recorded history. In 2014, the number of tourists from India visiting Israel was 34,900. A popular destination for Indian tourists traveling to Israel is Jerusalem