A total of seven bilateral agreements were signed between the two countries during Modi's visit, including memorandums of understanding in support of joint ventures in the high-tech sphere, satellite and water technology.
On Wednesday, he also met Moshe Holtzberg, whose parents were killed in the 2008 attack on the Jewish center of Chabad House in Mumbai, India.
"The.people in Israel are trying to find ways to invest in India and to make mutual projects together", he said. "We all are. We attach a lot of importance to the visit of Modi to Israel and his deciding to meet us", Rabbi Shimon Rosenberg told PTI over phone from Jerusalem. He said India and Israel have agreed to expand their cooperation in third countries including Africa. "We both clearly share the same struggle against the forces of evil", notified Sofer, who has also served as ambassador to India.
Among Modi's first stops on Tuesday was the Yad Vashem Holocaust memorial and museum.
Palestinian Deputy Foreign Minister says Indian PM should have visited both states "to spread the message of peace". I now live in Israel with my grandparents. He would leave Modi's side only during Modi's meeting with the leader of the opposition and the President of Palestine. Rivlin said he could never forget his visit to India and described it as memorable.
Mr Modi has been accorded a warm welcome in Israel, which is keen to woo one of the world's fastest-growing economies. "We have a lot in common and doing a lot in common".
PM Modi and Israeli PM Netanyahu at the Israeli Museum for Exhibition on India Jewish Heritage
"I am confident that the strength of these links ... will hold us in good stead as we forge a partnership for the 21st century", he added.
The family, along with Moshe's nanny Sandra Samuel, who escaped from the Chabad House at Nariman point with an infant Moshe and then moved to Israel to help bring him up, met the two Prime Ministers for an emotional meeting at the PM's hotel.
He is also expected to visit the 10-year-old Moshe Holtzberg and his Indian nanny, survivors of 26/11 Mumbai terror attack.
"I would like to wish you: Hamara aashirwad apke sath hai aap Pradhan Mantri rahenge salon tak (our blessings are with you, you will be the Prime Minister for many years)", Moshe said.