Aqua Bridge, an aquaculture company based in the UAE that is connected to the powerful Al-Maktoum family in Dubai, has announced plans to build an aquaculture farm and study center in Uttar Pradesh, India. The project, which wants to help India’s growing aquaculture industry, will need an initial investment of $461 million.

In the town of Unnao, a 1 million-tonne aquafeed plant and a hatchery that can make 300 million fish fry will be built as part of the agreement. The project is being run by Aqua Bridge Group head Sheikh Ahmed bin Mana bin Khalifa Al-Maktoum. The group also wants to train 100,000 farmers to improve the way fish are farmed in the area.

Mohammad Tabish, the founder and CEO of Aqua Bridge, said that this “transformational project” will change the way India’s fishing and food security work for the better. He said it would fill in holes in the market and help large-scale aquaculture grow. The project is part of the World Bank’s UP-Agrees program, which aims to boost farmers’ wages with a total budget of $325 million.

The research and development part will focus on genetics, disease management, and better farming methods, in addition to the aquaculture farm. Aqua Bridge is also in the process of buying Avramar, a big aquaculture company in the Mediterranean that is known for raising bass and bream.