Tel Aviv, Nov. 20 -- Minister of Economy and Industry of Israel, Nir Barkat, stated that 'Make in India' is one of the smartest concepts and termed the Israel-India partnership as a "win-win" and extremely valuable.

"Israel's innovation and India's scale make for a great combination. India is scaling so rapidly, we are amazed. 'Make In India' is one of the smartest concepts and is relevant for many Israeli companies. Israel-India partnership is a win-win and extremely valuable," Minister of Economy and Industry of Israel, Nir Barkat said.

India and Israel signed the Terms of Reference for negotiations for a Free Trade Agreement, Union Minister of Commerce and Industry, Piyush Goyal said on Thursday.

Goyal also held a bilateral meeting ...