Indian companies plan to invest over in various sectors including tech, manufacturing and pharmaceuticals, said US Ambassador Sergio Gor.
On his official X handle, Gor wrote, “Under President Trump’s leadership investment is flowing back into the United States at record levels! Indian companies plan to invest over $20.5 billion in various sectors including tech, manufacturing, and pharmaceuticals."
“This includes the 12 Indian companies who announced $1.1 billion in investments just today! These partnerships are creating REAL American jobs and building STRONGER supply chains. Proof that when the world’s largest democracies do business together, everyone wins,” added the post.
The tweet further reads, “BIG NEWS coming! Massive new investments from India are flowing into the United States at the 2026 #SelectUSASummit – the largest we’ve ever seen. This is what a true win looks like for the American economy. Details soon!"
However, he did not specify about the Indian companies that will invest in the US economy.
Meanwhile, the official X handle of U.S. Embassy in India quoted Gor as saying, “I am proud to advance our goal to double U.S.-India bilateral trade to $500 billion by 2030. Through fair, balanced and mutually beneficial trade, we’re attracting world-class investment to the United States and creating shared prosperity for both nations."
Separately, US Deputy Secretary of State Christopher Landau said India and the US are “very, very close” to signing the trade deal and need to get over “that last hurdle.”
“We are very aware of India’s importance on the world stage. I think it is very important to get a final resolution of that trade deal. We have been talking now for months that we are very close and I think we are very close. But we have to get over that last hurdle,” Landau told reporters on the sidelines of the SelectUSA Investment Summit at National Harbour in Maryland near here.