India-Israel joint fund for R&D soon: Israeli minister | ummid.com
"Together with discussion with the finance minister (P. Chidambaram) we are going forward with a joint R&D fund, which essentially will be a joint Indo-Israeli fund for R&D where an Israeli company will partner with Indian company and then apply for funds. It will get 50 percent of the cost of R&D project," he said at a press meet here.