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India to ramp up purchases of US oil, arms, aircraft; open some farm access

Summary by Reuters
India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly opening up its highly-guarded agriculture sector under a trade deal, according to a government official, as the two sides reconcile after months of tensions.

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An Indian government official stated that India has agreed to purchase oil, defense equipment, and aircraft from the U.S., as well as partially opening its agricultural sector, which had been quite restricted.

·Brazil
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US President Donald Trump has announced a trade deal between India and the United States. He has promised to reduce tariffs on India from 50% to 18%. However, a report now claims that India will purchase items such as oil, defense, electronics, pharmaceuticals, and aircraft from the US.

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India to ramp up purchases of US oil, arms, aircraft; open some farm access

India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly opening up its highly-guarded agriculture sector under a trade deal, according to a government official, as the two sides reconcile after months of tensions.

·United Kingdom
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India and the United States have reached a landmark trade agreement that will see New Delhi increase purchases of American oil, defense equipment and aircraft, and partially open India's agricultural market.

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Trump said India has agreed to buy more U.S. products, with an increase in purchases of up to $500 billion

·Bogotá, Colombia
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Times of India broke the news in India on Tuesday, February 3, 2026.
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