At the CII organised Investopia Global, TRB Raaja, Minister for industries pointed to the state looking to closely work with UAE on sectors related to agriculture, food security and value added support. He pointed to the state’s strength in electronics, renewable, manufacturing and space technology along with a spurt in startup activity. He said that the state would touch USD 12 billion exports in the electronics sector in this year. At the sidelines of the event, he pointed to the state focussing on emerging sectors such as space technology and quantum computing. The outcome of the summit is expected to be a road map on collaboration and a joint working group that will work on progressing towards the target.
The investment plan includes an additional USD 13 billion investment to expand the company’s AI and cloud infrastructure in the country by 2030.
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