Indian Companies Plan More Than $20.5 Billion in U.S. Investments, Gor Says
NEW DELHI — Indian companies are planning to invest more than $20.5 billion in the United States across sectors including technology, manufacturing and pharmaceuticals, U.S. Ambassador to India Sergio Gor said Wednesday.
In a post on X, Gor said 12 Indian companies announced new investments totaling $1.1 billion in a single day, adding to a broader pipeline of Indian corporate commitments in the United States. He said the investments would support U.S. employment and strengthen supply chains between the two countries.
“These partnerships are creating real American jobs and building stronger supply chains,” Gor wrote.
Gor described the investment momentum as evidence of the benefits of closer economic cooperation between New Delhi and Washington.
He said the flow of investment was “proof that when the world’s largest democracies do business together, everyone wins.”
The ambassador did not identify the 12 Indian companies involved in the latest investment announcements.
His remarks come as India and the United States work to deepen economic ties across trade, defense and technology. The two countries have expanded cooperation in areas such as critical technologies, manufacturing, energy and supply chain resilience.
The comments also come against the backdrop of recent U.S. trade data. In March, the U.S. trade deficit widened as imports grew faster than exports, though the American goods gap with India narrowed from the same period a year earlier.
The U.S. Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February.
U.S. exports in March totaled $320.9 billion, up $6.2 billion from February, while imports rose $8.7 billion to $381.2 billion.
Country-specific data showed U.S. exports to India rose to about $4.3 billion in March, while imports from India totaled about $8.4 billion. (Source: IANS)
