UAE invests $2 bln in hi-tech Indian crop-growing 'food parks' to ease shortages

NEW DELHI: The United Arab Emirates has pledged $2 billion to help develop a series of “food parks” in India to tackle food insecurity in South Asia and the Middle East, a joint statement said on Thursday.

Speaking in Jerusalem at a virtual summit with UAE, Israeli and Indian leaders, U.S. President Joe Biden said the investment could “increase India’s food yields in the region three-fold in just five years”.