New Delhi: Top Indian companies have made a record $20.5 billion in investments into the United States. The move was celebrated at the 2026 SelectUSA Investment Summit in Maryland, as per an official statement issued by the US embassy in New Delhi on Wednesday.
“These investments showcase the strength and attractiveness of the US market for foreign investors,” the statement said.
The commitments span key sectors including pharmaceuticals, advanced manufacturing, energy infrastructure, and emerging technologies, and are expected to create thousands of jobs in both countries while expanding U.S. production and joint innovation capacity.
“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,” said Ambassador Sergio Gor at the SelectUSA kick-off reception in New Delhi.
According to the US embassy, a significant share of the investment is driven by India’s pharmaceutical sector, with more than $19.1 billion in planned investments in U.S. manufacturing, research and development, and new facilities. Additional investments across steel, connectivity, and energy supply chains will strengthen critical U.S. industrial capacity and help build more resilient and secure supply chains, the statement said.
In addition, 12 Indian companies announced more than $1.1 billion in new greenfield and expansion projects across multiple states, supporting jobs in manufacturing, technology, and engineering. These announcements, the statement said, exceed the cumulative total of all prior SelectUSA Investment Summit investment announcements from India and represent the largest number by any country at this year’s SelectUSA Investment Summit.
These announcements underscore the role of SelectUSA in connecting global investors with opportunities across the United States and demonstrate how international investment continues to drive economic growth, innovation, and workforce development in communities nationwide, the official handout said.
“The SelectUSA Annual Investment Summit is the highest profile event in the United States to facilitate business investment by connecting thousands of investors, companies, economic development organizations (EDOs), and industry experts to make deals happen, establish new connections, and capitalize on opportunities to grow through investing in the United States,” the statement said.
Indian pharmaceutical companies announced plans to invest more than $19.1 billion in the United States, anchored by Sun Pharmaceutical’s planned $11.75 billion acquisition of New Jersey-based Organon & Co. Participating companies include Aurobindo Pharma Ltd, Biocon Group, Cipla Limited, Dr. Reddy’s Laboratories Ltd, Glenmark Pharmaceuticals Ltd, Granules India Ltd, Jubilant Group, Lupin Limited, Sun Pharmaceutical Industries Ltd., Piramal Pharma Ltd., and Zydus Lifesciences Limited. JSW Steel affirmed plans for commissioning $255 million in modernization projects at its facilities in Ohio and Texas.
Abhyuday Group (Ahmedabad) will invest over $900 million across five U.S. sites, creating 1,500 American jobs. Jindal Pipe and Jindal Tubular USA (PR Jindal Group) will invest $87 million to expand in Texas and Mississippi, creating 140 jobs. Jivo Wellness (Delhi) will invest $15 million, creating 50 direct jobs and up to 150 indirect jobs. Polyhose Inc. will invest $2 million in Los Angeles to support the U.S. shipbuilding industry.
Sterlite Technologies Ltd. (Mumbai) will invest $100 million, creating up to 500 jobs and supporting AI and telecom infrastructure. Techdome Solutions (Indore) will invest $7.5 million, creating 100 jobs. RoshAi (Kerala) will invest $5 million in Texas, creating 20 jobs. Atri AI (Chennai) will invest $2 million in Menlo Park, California. Kissflow (Chennai) will invest $2 million in Houston. SatoriXR (Chennai) will invest $1.5 million in Michigan, creating 25 jobs. MagnoInnovation Lab (Kerala) will invest $2 million to establish U.S. field operations and support energy sector applications.
Indian Institute of Technology Madras Global Research Foundation will invest $4.5 million to establish a U.S. research and collaboration hub in California, with plans for an additional East Coast location, the statement said.
