Washington: US Ambassador to India Sergio Gor has said that Indian companies are set to invest more than $20.5 billion across the United States, signalling strengthening economic ties between the two countries under President Donald Trump.
In a post on X, Gor said the investments will span technology, manufacturing and pharmaceuticals, adding that 12 Indian companies alone announced $1.1 billion in new investments in a single day.
US Ambassador to India Sergio Gor says, "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… pic.twitter.com/i3m09fwnDR
— ANI (@ANI) May 6, 2026
He said the inflows are helping create “real American jobs” and strengthening supply chains, describing the development as evidence that cooperation between the world’s two largest democracies benefits both sides.
Gor said the announcement builds on remarks made at the SelectUSA Investment Summit 2026, where he had hinted at a major surge in Indian investment in the US economy.
Official data shows Indian foreign direct investment in the US currently stands at about $16.4 billion, supporting over 70,000 jobs, with broader industry estimates suggesting a much larger economic footprint.
The announcement comes ahead of US Secretary of State Marco Rubio’s visit to India, amid ongoing discussions on a bilateral trade deal. US Deputy Secretary of State Christopher Landau said the agreement is “very, very close,” noting that both sides need to resolve final issues before signing.
US officials have also highlighted India’s rising global economic importance and its potential for long-term growth and poverty reduction.
