India and Israel signed an MoU to promote the bilateral relation in the tourism sector. Israel, under this pact, will set up a tourism office in Mumbai and amplify the frequency of flights to India. Israel will invest $ 660000 to attract more Indian tourists to the country. The agreement also laid the foundation to create a tourism development forum, which will invite advice from various stakeholders including travel agents, hoteliers, tour operators and from the media, to enlarge tourism market in both the countries.
The two countries have a huge potential of tourism development by entering into mutual cooperation as nearly 40000 Indian tourists travel Israel every year, and approximately equal number of Israeli citizens visit India annually.