UAE and India Collaborate to Boost Digital Economy Growth
In a major move to accelerate the growth of the digital economy, the United Arab Emirates (UAE) and India have signed a groundbreaking deal. This collaboration aims to develop digital infrastructure and artificial intelligence (AI) capabilities, showcasing the commitment of both nations to technological advancement.
The partnership between the UAE and India will focus on exploring and evaluating the technical and investment potential of data center projects in India. These projects will have an initial capacity of up to 2 gigawatts, signaling a significant boost in digital infrastructure. Additionally, the collaboration will support the deployment of a supercomputer cluster within India, empowering the nation with an AI compute capacity of 8 exaflops. The supercomputer cluster will be utilized across various sectors, unlocking its immense potential.
The Memorandum of Understanding (MoU) endorsing this groundbreaking partnership was signed by Mohamed Hassan Alsuwaidi, the UAE’s Minister of Investment, and Dr. Subrahmanyam Jaishankar, India’s External Affairs Minister. This MoU is a testament to the two countries’ positions as prominent investors and developers in digital infrastructure. India, in particular, has been making strides in establishing a robust data center network, which plays a crucial role in its rapidly expanding internet economy. The Indian government projects this internet economy to reach an impressive milestone of $1 trillion by 2030.
Beyond the development of digital infrastructure, the UAE-India partnership also focuses on promoting investments in digital public infrastructure, AI, research and development, and innovation. By fostering collaborations between the public and private sectors, as well as facilitating knowledge exchange, this collaboration seeks to propel India’s digital growth and innovation.
The significance of this partnership lies not only in the boost it will provide to the digital economies of both nations but also in the potential for global impact. By leveraging advanced technologies such as AI and strengthening digital infrastructure, the UAE and India are poised to become leaders in the digital realm, contributing to international digital advancements.
This collaboration between two nations with strong investment and development acumen sets a precedent for other countries to follow. As the digital economy continues to flourish, partnerships like this will play a crucial role in shaping its future. With a focus on innovation, research, and collaboration, the UAE-India partnership has positioned itself at the forefront of the digital revolution. Through mutual cooperation and shared knowledge, both nations are laying the foundation for a prosperous digital future.
