SelectUSA Summit: Indian companies pledge ₹1.1 billion investment and 1,500 jobs
Indian companies announced $1.1 billion in investments in the US, creating 1,500 jobs, across sectors including aerospace, defense, energy, and artificial intelligence at the SelectUSA Investment Summit. The investments were made by 12 Indian companies, with Abhyuday Group announcing the largest investment of $900 million.
Twelve Indian companies announced investments totaling $1.1 billion in the US at the SelectUSA Investment Summit. The investments span aerospace, defense, energy, advanced manufacturing, and artificial intelligence, and will create 1,500 jobs. Abhyuday Group is investing $900 million to set up manufacturing clusters in five US states. Other companies making significant investments include Sterlite Technologies Limited ($100 million), PR Jindal Group ($87 million), and TechDome Solutions ($75 million). Chennai-based Atri AI plans to invest $2 million to build its US operations, while Roche AI will invest $5 million to establish its first US presence in Texas. The investments were announced on May 6, 2026.
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