Highlights:
- Indian companies committed over $20 billion in investments in the US.
- Sergio Gor said the US Embassy in India ranked first in bringing investments to America.
- US companies are also increasing investments in India’s growing market.
- The interim India-US trade agreement is ready to be finalized.
- Officials from both countries continue talks to complete the trade deal soon.
US Ambassador to India Sergio Gor said Indian companies are continuing to expand their operations in the United States and have committed more than $20 billion in investments in America at the annual Select Investment Summit.
Speaking at an event organized by the American Chamber of Commerce in India in New Delhi, Gor praised the growing economic partnership between India and the United States.
“I was thrilled to see Indian companies committing more than $20 billion in investments in the United States at the annual Select Investment Summit. Not only is $20 billion a significant figure, but all embassies compete to bring investment into the US — and we were proud that our embassy, working with partners in India, ranked first in the world, an incredible achievement."
Gor also said that American companies are increasing their presence in India’s fast-growing market. He noted that investment flows between the two countries are reaching new levels, especially in sectors such as pharmaceuticals, manufacturing, and technology.
The envoy also spoke about the trade discussions taking place between the two countries. Referring to the Trump administration’s position, Gor said the goal is to create more opportunities for American businesses and workers through stronger trade relations with India.
“President Trump’s goal is to facilitate bilateral trade in a way that creates lucrative opportunities for American businesses and workers. Our current interim trade agreement is on the table to be finalised, unlocking prosperity for both nations," he said.
According to Gor, the proposed trade agreement is expected to improve market access, lower trade barriers, and provide more certainty for businesses in both countries. He said the agreement could strengthen supply chains, encourage new investments, and support long-term economic growth.
“This agreement, if done right, will strengthen supply chains, catalyse new investments, and drive sustained inclusive growth, bringing tangible benefits to industries, workers, and economies. Last month, an Indian delegation visited Washington, D.C. to help finalise the trade deal. Next month, a US delegation will also focus on the agreement," he added.
Gor said negotiations between India and the United States have been underway for around one and a half years. He compared the talks with the European Union’s trade negotiations, which took nearly 19 years, and expressed confidence that the India-US trade deal could be completed soon.
Earlier this month, Gor announced that Indian companies would invest more than $20.5 billion in the United States across several sectors.
An embassy factsheet said the investments cover pharmaceuticals, advanced manufacturing, energy infrastructure, and emerging technologies. The investments are expected to create thousands of jobs, strengthen supply chains, and expand production capacity in the United States.
