Global tech giants in Israel eye India for relocation amid escalating Israel-Hamas conflict

As per a report in the Economic Times, with the Israel-Hamas conflict intensifying, there’s a chance that international tech companies based in Israel might consider shifting their business activities to countries like India, the Middle East, or Eastern Europe.

The report, which references insights from industry experts, suggests that these businesses might consider moving to areas with comparable time zones and access to skilled talent if the conflict continues to intensify.

It’s been reported that Israel is home to over 500 international corporations, including well-known companies like Microsoft, Intel, and Google. Furthermore, Indian firms such as Wipro and TCS also have a presence in Israel. Together, these companies offer job opportunities for a sizable workforce of at least 100,000 people.

Tech Sector Faces Disruptions

High-tech industries, which have consistently shown rapid growth in Israel, may encounter substantial disruptions due to the shift towards a war preparedness by the Israeli military, which might encompass a potential full-scale invasion of the Gaza Strip. This information is based on a report by Reuters, as per insights from investors and analysts.

The spokesperson representing Intel, the largest private employer and exporter in Israel, stated on Monday that they are vigilantly observing the situation in Israel and implementing measures to protect and assist their workforce, reported Hindustan Times. 

Israel-Hamas Conflict Enters Sixth Day

During a late-night televised speech, Israeli Prime Minister Benjamin Netanyahu made a resolute commitment to swiftly dismantle Hamas. He described witnessing distressing scenes, including the tragic killing of young individuals, both male and female, who had been bound and shot in the head. He also mentioned instances of individuals being burned alive, young women subjected to heinous acts, and soldiers who had been beheaded.