INSUBCONTINENT EXCLUSIVE:
WASHINGTON: At a pivotal moment in Indian history, Tipu Sultan reached out to Napoleon Bonaparte, looking for French help in beating the
The French were busy assisting American revolutionaries outside Washington and never turned up for Tipu
On Tuesday, on the sidelines of the Aero India program in what was Tipus stomping ground (Yelahanka) near Bengaluru, both the French and
Americans were recipients of Indias munificence, snagging orders for nearly 500 industrial planes divvied in between them
In what was described as the mother of all air travel offers, Air India unveiled orders for 250 Airbus airplane and 220 Boeing airplanes,
with choice to purchase 70 more, in a deal expected to be worth more than $85 billion
So important is the order for the French and American economies that leaders of both countries stepped up to speak about it both in the
domestic and global context
This purchase will support over one million American jobs across 44 states, and numerous will not need a four-year college degree,
President Biden said in a statement, adding that the announcement likewise reflects the strength of the US-India economic partnership
Together with Prime Minister Modi, I eagerly anticipate deepening our partnership even further as we continue to face shared worldwide
obstacles-- producing a more secure and prosperous future for all of our people, he added.Biden followed up with a telephone call to Modi
in which the 2 leaders expressed complete satisfaction at the deepening of the India-US Comprehensive Global Strategic Partnership, which
has actually led to robust development in all domains
They welcomed the announcement of a landmark agreement between Air India and Boeing as a shining example of equally helpful cooperation
that will help create brand-new employment opportunities in both nations
Prime Minister invited Boeing and other United States companies to use the opportunities emerging due to the broadening civil aviation
sector in India, a readout by the PMO stated
The two leaders also welcomed the first conference of the effort on Critical and Emerging Technologies (iCET) held recently in Washington
D.C, and expressed an eager desire to strengthen bilateral cooperation in space, semi-conductors, supply chains, defence co-production and
co-development and knowledge and innovation environments
They agreed to strengthen the vibrant people-to-people ties in between the 2 countries, which have been equally beneficial, the readout
stated, adding the two Leaders consented to stay in contact throughout Indias continuous G20 Presidency to ensure its success.Macron
similarly stated the contract marks a new stage in India and Frances tactical collaboration while thanking Prime Minister Modi for your
confidence in France and our market
The Boeing order, valued at $ 34 billion, will include 190 Boeing 737 Max airplane, 20 Boeing 787s, and 10 Boeing 777Xs
The offer consist of alternatives for an extra 50 737 MAXs and 20 of its 787s, which would make it 290 airplanes for an overall of $45.9
billion at list price.Separately, the Airbus order will see Air India acquire 40 wide-body A350 Airbus airplane and 210 narrow-body A320neo
planes.Together, they constitute the biggest deal in aviation history.The shipment schedule for both orders are yet to be settled, however
according to air travel experts, Air India is expected to get the first batch of A350s-- originally allocated for Russias Aeroflot before
war-related sanctions on Moscow-- later this year
The acquisitions by Air India is expected to win it back a few of the marketplace share it has actually lost over the years to Gulf and
India is widely acknowledged to be one of the fastest growing domestic airline markets in the world, with a surging diaspora offering
revenues on major global paths
