India Says $500b US Purchase Deal Includes Existing Projects

India’s agreement with the US to buy $500 billion-worth of goods over five years includes an existing pipeline of projects, as well as new areas of spending, such as data centers and energy, an official in New Delhi said.

A joint statement on a US-India framework trade agreement will likely be published in the next 2-3 days, fleshing out more details of the deal announced by US President Donald Trump on Monday, the official told reporters on Tuesday.