economy
February 6, 2026
India is reportedly 'ready' to buy up to $80 billion in Boeing aircraft following trade deal with U.S.
An Indian government minister shares details about India-U.S. deal timeline and New Delhi's potential to buy more American goods.
TL;DR
- India is reportedly ready to order up to $80 billion worth of Boeing aircraft.
- The total import value from the U.S., including aircraft, engines, and spare parts, could exceed $100 billion.
- India sees potential to procure a minimum of $500 billion worth of goods from the U.S. over the next five years.
- U.S. President Trump announced a trade deal where U.S. tariffs on Indian goods would reduce to 18%, and Indian duties on U.S. goods would go to zero.
- India has not confirmed all details of the U.S. President's announcement, including halting Russian oil imports and the $500 billion purchase commitment.
- Experts consider the $500 billion purchase target from the U.S. to be a 'stretch' and potentially 'unrealistic'.
- The first tranche of the trade deal is expected to be signed in the next three to four days, with a formal agreement in mid-March.
- Opposition parties in India have raised concerns, accusing the government of being 'compromised' and having 'surrendered on Tariffs'.
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