Employment, economy, elections: How Air India deal is an ideal example of India’s rising global profile
NEW DELHI: The Tata group-owned Air India broke records on Tuesday when it placed the largest-ever aircraft order in global aviation history with US manufacturer Boeing and European counterpart Airbus. In a single day, the salt-to-software conglomerate stacked Air India’s shopping cart with 470 planes (250 from Airbus and 220 from Boeing) with an option of buying 70 more from the American firm.
The multi-billion dollar deal, which was hailed by PM Modi, French President Emmanuel Macron, US President Joe Biden and UK PM Rishi Sunak, was much more than just an ambitious business decision by a carrier eyeing renaissance under the Tata conglomerate.
