Prime Minister Modi and President Biden welcomed the announcement of the landmark settlement
New Delhi:
Prime Minister Narendra Modi spoke with US President Joe Biden on Tuesday and the 2 leaders hailed the landmark settlement between Air India and Boeing as a shining instance of mutually helpful cooperation that can assist create new employment alternatives in each nations.
The “landmark” deal will create as much as 1 million jobs throughout 44 states within the US, President Biden advised PM Modi.
In accordance with an announcement by the White Home, Boeing and Air India have reached an settlement beneath which the airline will buy 220 planes from Boeing — 190 B737 MAX, 20 B787, and 10 B777X — for USD 34 billion.
There will likely be an possibility to purchase 70 extra plane that would take the full transaction worth to USD 45.9 billion.
Prime Minister Modi had a “heat and productive” cellphone name with US President Biden, a press release issued by the Prime Minister’s Workplace (PMO) stated.
The 2 leaders expressed satisfaction on the deepening of the India-US Complete World Strategic Partnership, which has resulted in sturdy development in all domains, the PMO stated.
Prime Minister Modi and President Biden welcomed the announcement of the landmark settlement between Air India and Boeing as a “shining instance of mutually helpful cooperation that can assist create new employment alternatives in each nations”, the assertion stated.
PM Modi invited Boeing and different US firms to utilize the alternatives arising as a result of increasing civil aviation sector in India.
The 2 leaders welcomed the primary assembly of the initiative on Vital and Rising Applied sciences (iCET) held not too long ago in Washington DC, and expressed a eager need to strengthen bilateral cooperation in house, semi-conductors, provide chains, defence co-production and co-development and information and innovation ecosystems, the PMO stated.
They agreed to bolster the colourful people-to-people ties between the 2 nations, which have been mutually helpful, it stated.
The 2 Leaders agreed to stay involved throughout India’s ongoing G20 Presidency to make sure its success, the assertion stated.
(Apart from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)
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