Team Blitz India
NEW DELHI: Commerce and industry minister Piyush Goyal has said he wants to see a greater presence of US-based Boeing in India as the American firm has recently received a large order of planes from Tata Group-owned Air India.
In February, in one of the largest aircraft orders by an airline, Air India announced it will buy 470 narrow-body and wide-body planes from Airbus and Boeing, with the total deal value estimated to be worth USD 80 billion (over Rs 6.40 lakh crore).
Goyal said that the India-US bilateral trade is increasing at a healthy rate and both the sides are looking at expanding the trade four-fold so that “we can touch USD 500 billion target by 2030”.
By 2030, India is looking at increasing their goods and services exports to USD 2 trillion.
“Boeing has received a very large order from the Tata’s and I am given to understand that similar sized orders are in the pipeline… I want to see greater presence of Boeing in India, we would love to see you expand your local supply chains…,” Goyal said here at a function on India-US partnership on May 4.
He expressed confidence that many more such large corporations from the US would work closely with Indian firms.