India to Buy Up to $80 Billion in Boeing Aircraft After U.S. Trade Deal

New Delhi signals willingness to expand trade with the U.S. as part of recent agreement

Feb. 5, 2026 at 10:07pm

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India's Commerce and Industry Minister Piyush Goyal has reportedly said that New Delhi is ready to place orders worth up to $80 billion for Boeing planes, signaling India's willingness to expand trade with the U.S. as part of a recent trade deal between the two countries. Goyal also stated that if engines and other spare parts are added, imports from the U.S. could cross $100 billion just from aircraft purchases.

Why it matters

This potential aircraft deal highlights the growing trade relationship between India and the U.S. following a recent trade agreement. It also comes amid ongoing lawsuits against Boeing over an Air India plane crash that killed 241 people last year.

The details

Goyal said India's demand for aircraft alone, with orders for Boeing "yet to be placed but ready," is nearly $80 billion. He added that if engines and other spare parts are included, imports from the U.S. will "cross 100 billion dollars just [from] aircrafts." The trade deal announced earlier this week includes provisions for the U.S. to reduce tariffs on Indian goods to 18% and for India to lower duties on U.S. goods to zero, as well as for India to replace Russian oil with supply from the U.S. and Venezuela.

  • On Monday, within a week of the India-EU trade deal, U.S. President Donald Trump announced the India-U.S. trade deal.
  • India and the U.S. will sign a joint statement in the next 3-4 days, finalizing the first tranche of the trade deal.
  • A formal agreement will be signed in mid-March, after which the tariff concession for U.S. goods entering India will become effective.

The players

Piyush Goyal

India's Commerce and Industry Minister who shared details about India's potential to buy up to $80 billion in Boeing aircraft as part of the trade deal with the U.S.

Donald Trump

The U.S. President who announced the India-U.S. trade deal earlier this week, including provisions for reduced tariffs and increased trade.

Boeing

The American aerospace company that India is reportedly ready to place orders worth up to $80 billion with as part of the trade deal.

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What they’re saying

“India's demand for aircraft alone, with orders for Boeing "yet to be placed but ready," is nearly $80 billion.”

— Piyush Goyal, India's Commerce and Industry Minister

“If engines and other spare parts are added, imports from U.S. will "cross 100 billion dollars just [from] aircrafts.”

— Piyush Goyal, India's Commerce and Industry Minister

What’s next

India and the U.S. will sign a joint statement in the next 3-4 days, finalizing the first tranche of the trade deal between the two countries. A formal agreement will then be signed in mid-March, after which the tariff concession for U.S. goods entering India will become effective.

The takeaway

This potential $80 billion aircraft deal highlights the growing trade relationship between India and the U.S. following their recent trade agreement, which aims to reduce tariffs and increase trade between the two countries. However, some experts have expressed skepticism about the feasibility of the $500 billion trade target set by the U.S. president.