National Harbor (US) : Indian companies have pledged over $20.5 billion in investments across sectors ranging from healthcare to advanced technology in the United States, underscoring deepening commercial engagement, according to the top US diplomat in India.
“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,” US Ambassador to India Sergio Gor said in his tweet on X.
During the 2026 SelectUSA Investment Summit here on Tuesday, 12 Indian companies announced $1.1 billion in investments in the US across sectors spanning aerospace, defence, energy and artificial intelligence.
“We have 12 Indian companies making investment announcements at this summit, totalling more than $1.1 billion. That is the largest number of announcements we have seen from a single delegation at SelectUSA,” said US Under Secretary of Commerce for International Trade William Kimmitt.
The Indian investments are expected to create 1,500 jobs in the US.
The largest investment in this tranche of announcements came from Ahmedabad-based Abhyuday Group, which committed $900 million to set up manufacturing clusters in five US states.
Mumbai-based Sterlite Technologies Limited announced a new greenfield factory investment of up to $100 million in the US to offer connectivity solutions, including terminating optical fibre cables. PR Jindal Group announced an $87 million investment in Texas and Mississippi. TechDome Solutions, an Indore-based technology firm, plans to invest up to $75 million in the US over the next five years.
The Indian Institute of Technology (IIT) Madras Global Research Foundation plans to set up a US location in California to drive research collaboration with US universities and colleges. This will be a soft landing pad for IIT and global startups, and will provide seminars and classes in the US for $4.5 million.
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