Question
Which of the following gulf coutry recently announced to
invest 2 Billion in India to develop a series of integrated food parks under the framework of I2U2?Solution
The United Arab Emirates (UAE) will invest $2 billion (about Rs 15,500 crore) in India to develop a series of integrated food parks, while the United States (US) will set up a hybrid renewable energy project in Dwarka, Gujarat, with an investment of $330 million (about 2,500 crore) under the framework of I2U2. I2U2’, in its first leaders’ summit unveiled initiatives focused on food security and clean energy. The grouping of India, Israel, the United Arab Emirates (UAE) and the United States (US) is called the ‘I2U2’.
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