Last month, India joined the overwhelming Assembly majority to vote for the resolution that demanded that the United States comply with Security Council decisions against changing the status of Jerusalem.
Prime Minister Narendra Modi had visited the Jewish state in July a year ago, becoming the first Indian premier to do so.
Israel on Friday said India's vote against it in the United Nations on Jerusalem issue can not be brushed aside but this episode will not impact the bilateral relations and stop both the countries achieve newer heights in ties.
"I don't think it can influence the relationship".
"It does not nullify the fact that with India, with other countries in Latin America and Africa there is a tremendous increase of relations on all fronts", the Israeli Prime Minister noted.
Netanyahu will be in India on a six-day visit from January 14, during which he will hold comprehensive talks with Modi. As well as New Delhi, they will also visit India's financial capital Mumbai and Modi's home-state of Gujarat.
In November, the defence ministry had chose to retract the process to acquire a batch of Spike missiles from Israeli firm Rafael Advanced Defence Systems.
India will purchase Spike Anti-Tank Guided Missile (ATGM) from Israel through the so-called government to government (G to G) route because the military wants the proven weapon, and the Defence Research and Development Organization (DRDO) has no objections to the deal as long as it does not involve transfer of technology (TOT).
"If there is a problem, it can, it should and it will be solved", said Daniel Carmon, Israel's ambassador to India referring to the cancellation of the defense deal.
He also said in the case of Justice Dalveer Bhandari at the International Court of Justice, Israel not only supported the Indian candidate but it adopted, with four more countries, along with India, Bhandari's candidature.
The two countries have grown closer since Narendra Modi became Indian prime minister in 2014, widening commercial cooperation beyond their longstanding defense ties.
Moshe's parents were killed in the 26/11 terror attack at the Chabad House.