The India-US fighter jet deal is significant for several reasons:

• Strategic Partnership: The deal strengthens the strategic partnership between India and the US, which has been growing in recent years. This partnership helps India to balance its relationship with China and Pakistan, where the US provides military support.
• Co-production & Technology Transfer: The deal will allow Indian companies to co-produce fighter jets with American companies, which will boost India's domestic defence industry and create job opportunities. Additionally, the transfer of advanced technology will enhance India's indigenous capabilities.
• Enhanced Defence Capabilities: The deal will provide India with 114 fighter jets, which will enhance India's defence capabilities and modernize its air force.
• Reduced Dependence: The co-production of fighter jets will reduce India's dependence on foreign imports and increase self-sufficiency in defence production.
• Economic Benefits: The deal will also provide an economic boost to both countries and promote cooperation in other areas such as trade and investment.

Overall, the India-US fighter jet deal is a significant milestone in the growing relationship between the two countries and will have several positive impacts on their strategic, defence, and economic partnerships.