This article examines the dynamics of Indo-Israeli relations in the post-Cold War period. What is most surprising is the considerable extent to which Indo-Israeli relations have advanced since the normalization of relations in 1992, in stark contrast with the coolness from the Indian side during the entire Cold War period. Though Indo-Israeli ties still remain constrained by several factors, India and Israel have forged such close ties that some scholars refer to the two states as strategic partners. This article, however, will attempt to demonstrate that the Indo-Israeli relationship does not in fact form a “strategic partnership.”