Tel Aviv: India and Israeli startups can collaborate in areas such as cybersecurity and medical devices to boost innovation ecosystem, Commerce and Industry Minister Piyush Goyal said on Friday.

He said one of the key elements of the proposed trade agreement between the two countries will be technology and innovation collaboration.

“We can collaborate with Israel to promote our own startup ecosystem, which we are aspiring to take it to the levels of deep tech and high quality innovation at competitive prices, given the economies of scale that India has to offer,” Goyal told reporters here.

The minister is here to hold bilateral trade talks with his Israeli counterpart Nir Barkat. Goyal is leading a 60-member business delegation here.

“We are looking at deep partnership with Israel who

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