Indian companies invested nearly $15.9 billion in the United States between fiscal year 2022 and fiscal year 2026, highlighting the growing economic partnership between the two countries. The investment data was shared by the Ministry of Commerce and Industry in Parliament.
According to the government’s statement, financial services, insurance, and business-related sectors attracted the largest share of Indian investments in the US, accounting for approximately $8.6 billion. Manufacturing followed with $3.6 billion, while community and social services received around $1.8 billion. Investments in agriculture and mining were comparatively smaller at about $15.8 million.
Indian entities invested more than $4 billion in the US during fiscal year 2026 alone, following investments of $3.44 billion in the previous financial year. The government said the growth reflects how Indian companies are expanding their international presence and improving their competitiveness globally.
The Ministry of Commerce and Industry noted that reforms under the Overseas Direct Investment framework have helped businesses explore opportunities abroad while contributing to India’s economic growth. Increased overseas investments have allowed Indian companies to build stronger global networks, access new markets, and strengthen their international operations.
The government also confirmed that discussions with the United States on bilateral trade matters are continuing. The engagement comes amid ongoing changes in US tariff policies, including possible additional duties on countries over concerns related to forced labor-linked goods.
India and the US had announced a trade agreement framework in February 2026, but subsequent tariff developments have kept negotiations and discussions active between both sides.
Meanwhile, the government highlighted progress under initiatives aimed at boosting domestic businesses and manufacturing. Under the Startup India Seed Fund Scheme, 219 incubators have been selected with approved funding of approximately $113 million, of which around $78 million had been distributed by June 30, 2026.
The Production Linked Incentive (PLI) schemes have also attracted significant investment, generating more than $28.5 billion in funding, creating over 1.4 million jobs, and supporting exports worth more than $181 billion since their launch.
The highest investments under PLI schemes came from high-efficiency solar modules, pharmaceuticals, automobiles, specialty steel, and large-scale electronics manufacturing.
The developments reflect expanding economic cooperation between India and the United States, with companies from both countries increasingly seeking opportunities through trade, investment, and manufacturing partnerships.
