Veteran industrialist Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce (FIICC) for epitomising "unity, peace and sustainability". The 82-year-old industrialist and philanthropist is the recipient of two of India's highest civilian awards -- Padma Vibhushan and Padma Bhushan.

"Ratan Tata's support toward Israel has been unstinted. His commitment to put India on the global map with dignity and respect has been noted by each and everyone. A man respected by the business communities of all the three countries India, Israel and UAE - he epitomises unity, peace and sustainability," the president of the bilateral chamber, Dr Gul Kripalani, said.

"I am sure he is very happy to witness the Abraham Accords in his lifetime. (He is) rated as the most respected and ethical businessmen of India", Kripalani said in his speech bestowing the honour on the Chairman Emeritus of the Tata Group on Monday evening. Tata said that he has always viewed Israel as a "country of great opportunity for India" and its creativity can be combined with India's low cost of manufacturing for exports to the entire world.

"It is a great privilege to be involved with a country like Israel that I have respect for. I have always called it a country of opportunity for India... There is something in the genes of Israeli people that makes them creative," he said at the virtual event.

The event was attended by participants from India, Israel and the UAE. It also saw the announcement of FIICC's global partnership with International Federation of Indo-Israel Chambers of Commerce (IFIICC), an independent organisation headquartered in Dubai that was recently launched as an international platform for collaboration between Israel and the Indian diaspora.

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