India, Feb. 27 -- India and Israel on Thursday successfully concluded the first-round of free trade negotiations in New Delhi and scheduled the second-round of in-person talks in May 2026, a commerce ministry statement said.

The development came at a time when Prime Minister Narendra Modi is on a two-day state visit to Israel. While addressing a special plenary of the Knesset in Jerusalem on February 25, Modi called for early finalisation of an ambitious free trade agreement (FTA) to realize the untapped trade potential between the two countries.

The first round of negotiations were held from February 23 to 26 after the two countries signed the terms of reference (ToR) in November 2025.

Commerce minister Piyush Goyal on February 24 met...