India is set to finalize a significant aircraft purchase agreement with Boeing, valued at around $80 billion, according to Commerce and Industry Minister Piyush Goyal. The announcement came shortly after India secured related agreements aimed at strengthening its aviation sector.
The deal is expected to include a range of commercial and defense aircraft, reflecting India’s ongoing efforts to modernize its fleet and expand its aerospace capabilities. Discussions between the two parties have been progressing steadily, with final terms anticipated soon.
**Why this matters**
This agreement represents one of the largest aircraft procurement deals in India’s history, highlighting the country’s commitment to enhancing its aviation infrastructure. It also underscores the growing economic and strategic partnership between India and the United States, particularly in the aerospace industry.
Source: NewsData