US President Barack Obama has announced $10bn (£6.2bn) in new trade deals with India. He was speaking in Mumbai at the start of a 10-day Asian tour designed to boost US exports and create jobs.
Some of the deals included:
- The sale by Boeing of 30 new 737 aircraft to private Indian airline SpiceJet. The White House says this will help support over 12,000 US jobs.
- Preliminary agreement had been reached on the Indian purchase of 10 Boeing C-17s military transport planes.
- The sale by GE of fighter 107 F414 jet engines to the Indian military.
- A separate deal with GE worth $500m (£309m) for the sale of six heavy duty gas turbines and three steam turbines to India's Reliance Energy Ltd.
- Harley-Davidson plans a new plant in India to assemble American-made motorcycle kits.
- The White House said India had identified GE subsidiary GE Transportation, based in Erie, Pennsylvania, and Electro-Motive Diesel, of LaGrange, Illinois, a unit of Caterpillar Inc, as bidders to supply Indian railways with over 1,000 diesel locomotives over 10 years.
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