Vijay Dwivedi’s Take on Gulf Investment in Indian Food Parks

This one is ginormous, Produce fanatics sure have a say for what’s cooked over the week at I2U2 Summit. And as ironic as it sounds while the agro-industry is going full throttle to reek from the aftermath of covid comes this banger of a news. At India-Israel-US-UAE (I2U2) virtual summit on Thursday evening, it was decided that the oil-rich UAE would invest the US $2 billion to develop a series of integrated food parks across India that will incorporate state-of-the-art climate-smart technologies. India will “provide appropriate land for the project and will facilitate farmers’ integration into the food parks” while American and Israeli private companies will assist in the projects that will “help maximize crop yields and, in turn, help tackle food insecurity in South Asia and the Middle East.”

While the news did stir a bit of round here and there Mr. Vijay Dwivedi a business magnate with sound knowledge in the department felt unlike as this entire deal seemed beneficial to Gujarat & Madhya Pradesh particularly. Affirming bonus to food crop business. What holds more selective props for the state of Gujarat is that huge investment will be sanctioned and the project will help achieve India’s goal of achieving 500 GW of non-fossil fuel capacity by 2030. In a joint statement, the I2U2 said “such projects have the potential to make India a global hub for alternate supply chains in the renewable energy sector.”

Mr. Dwivedi suggests there were other recesses in the country with mightier agendas that could also have been taken into consideration because the only focus was to harness new initiatives in water, energy, transportation, space, health, and food security. “Superiority to constructive agenda definitely holds mighty potential in identified joint projects among the said nations” quoted Mr.Dwivedi