Indian companies to invest $20 billion in US, says Ambassador Gor

WorldBusiness & Finance
6 May 2026 • 1:54 PM MYT
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US Ambassador to India Sergio Gor. Reuters file

Highlighting a surge in bilateral economic engagement, US Ambassador to India Sergio Gor on Wednesday said Indian companies are set to invest more than $20.5 billion in the United States across key sectors, including technology, manufacturing, and pharmaceuticals.

Describing the trend as a reflection of renewed investor confidence, Gor credited the economic policies under President Donald Trump for attracting record levels of foreign investment back into the US.

In a significant development, the ambassador noted that 12 Indian companies alone announced fresh investments worth $1.1 billion in a single day, underscoring the pace at which cross-border partnerships are expanding.

“These investments are not only deepening economic ties but are also expected to generate substantial employment opportunities in the United States while strengthening critical supply chains,” Gor said.

He said the growing collaboration between India and the US demonstrates the mutual benefits of closer economic cooperation between the world’s largest democracies.

The announcements come as part of broader efforts to enhance trade and investment flows under initiatives such as SelectUSA, aimed at positioning the United States as a preferred destination for global businesses.

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