Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu today announced joint research and development projects under the India-Israel Industrial R and D and Technological Innovation Fund (I4F). The I4Fund Call for Proposal was announced with the launch of a website as well as the unveiling of a brochure by the two prime ministers at the India-Israel Business Summit here. The fund was announced in July, 2017 during Modis visit to Israel. Under this, the Department of Science and Technology, India and the National Innovation Authority of Israel have established a USD 40 million fund.