Indian companies announced more than $20.5 billion in investments in the United States during the 2026 SelectUSA Investment Summit, marking what U.S. officials called the largest investment commitment from any country at this year’s event.
The U.S. Bureau of South and Central Asian Affairs highlighted the announcement in a post on X, writing, “India is investing in America at #SelectUSA! 🇺🇸 🇮🇳 Historic deals in tech, manufacturing, and pharmaceuticals announced today have unlocked over $20.5 billion in investment. This is a RECORD-BREAKING moment: Indian investments at #SelectUSA 2026 represent the single largest amount from any country in 2026.”
According to the official SelectUSA factsheet, the investments span pharmaceuticals, advanced manufacturing, artificial intelligence, energy infrastructure, and research. Officials said the projects are expected to create thousands of American jobs while strengthening U.S. supply chains and boosting domestic production capacity.
The pharmaceutical sector accounted for the largest share of the investments. Indian drugmakers announced plans to invest more than $19.1 billion in the United States. A major part of that total comes from Sun Pharmaceutical Industries and its planned $11.75 billion acquisition of Organon & Co., a New Jersey-based healthcare company.
READ: Talent, capital, and commercialization key to India’s DeepTech engine: Hopkins panel (April 14, 2026)
Other participating pharmaceutical companies included Aurobindo Pharma, Biocon Group, Cipla, Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Granules India, Jubilant Group, Lupin Limited, Piramal Pharma, and Zydus Lifesciences.
The U.S. government said these investments will help expand manufacturing networks, support new facilities, increase research and development efforts, and improve the supply of essential medicines in the country.
In the manufacturing sector, Abhyuday Group announced plans to invest more than $900 million across five U.S. locations, a move expected to create around 1,500 American jobs.
Jindal Pipe USA and Jindal Tubular USA said they will invest $87 million to expand operations in Texas and Mississippi, creating 140 jobs. Meanwhile, Jivo Wellness plans to invest $15 million in the U.S., creating 50 direct jobs and up to 150 indirect jobs.
Industrial giant JSW Steel USA also confirmed plans to move ahead with $255 million worth of modernization projects at facilities in Ohio and Texas.
Several Indian technology and AI firms also announced fresh U.S. expansion plans. Sterlite Technologies said it will invest $100 million in projects supporting AI and telecom infrastructure, with plans to create up to 500 jobs.
READ: From DeepTech to development: The big themes at Hopkins India Conference kicking off on April 1 (March 25, 2026)
Other companies making announcements included Techdome Solutions, which plans a $7.5 million investment creating 100 jobs, and Kissflow, which announced a $2 million investment in Houston.
AI startup RoshAi said it will invest $5 million in Texas, while Atri AI plans to invest $2 million in Menlo Park, California. SatoriXR also announced a $1.5 million investment in Michigan that is expected to create 25 jobs.
In the energy sector, MagnoInnovation Lab said it will invest $2 million to establish U.S. field operations and support energy-related applications.
Academic collaboration was also part of the announcements. Indian Institute of Technology Madras Global Research Foundation plans to invest $4.5 million to establish a research and collaboration hub in California, with another East Coast location planned in the future.
U.S. officials said the announcements reflect the growing economic partnership between India and the United States, especially in high-growth sectors like healthcare, AI, manufacturing, and advanced technology.