India and Israel have officially begun negotiations for a free trade agreement, marking a significant step toward deepening their economic partnership. The signing of the Terms of Reference in Tel Aviv sets the stage for a comprehensive pact aimed at expanding market access, increasing capital flows, and enhancing cooperation in goods and services. Leaders from both countries highlighted the potential for greater collaboration in technology and innovation, emphasizing the lack of direct competition and the complementary nature of their economies. The upcoming agreement is expected to ease trade barriers, improve the business environment, and further solidify the strategic partnership between the two nations.