New Delhi, May 9 (MExN): A record $20.5 billion in investments into the United States by top Indian companies was celebrated at the 2026 SelectUSA Investment Summit in Maryland. These investments showcase the strength and attractiveness of the U.S. market for foreign investors, an official update stated.
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.
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.
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 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 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.