“Indian companies plan to invest over $20.5 billion in various sectors including tech, manufacturing, and pharmaceuticals,” Gor said in a statement on X (formerly Twitter).
“This includes the 12 Indian companies who announced $1.1 billion in investments just today,” he added.
Gor said the investments signal a surge in capital flows into the US at “record levels”.
“These partnerships are creating real American jobs and building stronger supply chains,” Gor said, describing the development as evidence of deepening economic ties between India and the US.
The announcement was shared with the hashtag SelectUSA Investment Summit, a flagship initiative aimed at attracting foreign direct investment into the United States.
The tweet did not specify the names of the companies or provide a timeline for the proposed investments.
