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India‑us Trade

13 Feb

India’s New Travel Boom: US Aircraft Imports Could Slash Airfares and Boost Tourism in 2026

India’s New Travel Boom: US Aircraft Imports Could Slash Airfares and Boost Tourism in 2026 In a significant development for the country’s travel and aviation industry, India is preparing to import a large number of aircraft and aviation equipment from the United States as part of a new interim trade pact that both nations have begun to implement. Commerce and Industry Minister Piyush Goyal shared that under this framework, India could bring in aircraft, engines, and spare parts valued at roughly $100 billion over the next five years, a move that...