Recent Signing Between China and India

Chinese President Xi Jinping arrived in India where they will be having investment deals and signing trade agreements.

IndiGo has recently signed a $2.6 billion deal with Industrial and Commercial Bank of China (ICBC) to finance over 30 new aircraft.

ICBC will be providing IndiGo with financing for the commercial planes. This will happen through either a sale or lease back system or through a commercial lending deal, as the statement that quoted IndioGo President Aditya Ghosh said.