Indian Pharma, Tech, Engineering Firms Pledge $20.5 Billion In Investments Across US
India-West News Desk
WASHINGTON, DC -Indian industry leaders have announced a combined $20.5 billion in investments across several U.S. states at the SelectUSA Investment Summit 2026, underscoring the expanding role of Indian companies in sectors ranging from pharmaceuticals to advanced manufacturing and technology.
The investments are set to flow into key states including New Jersey, Ohio, Texas, Mississippi, California, and Michigan, with projects spanning manufacturing hubs, research centers, and emerging technology corridors. Officials said the commitments are expected to generate thousands of jobs while strengthening domestic supply chains and production capacity.
Pharmaceutical investments account for the largest share, exceeding $19.1 billion. A major component is Sun Pharmaceutical Industries planned $11.75 billion acquisition of Organon & Co. based in New Jersey. Other participating firms include Aurobindo Pharma, Biocon, Cipla, Dr. Reddy’s Laboratories, Glenmark Pharmaceuticals, Granules India, Jubilant Group, Lupin Limited, Piramal Pharma, and Zydus Lifesciences. These investments will expand manufacturing, research, and development, with an emphasis on addressing drug shortages and improving healthcare supply resilience.
In industrial capacity, JSW Steel confirmed $255 million in modernization projects at facilities in Ohio and Texas.
Additional manufacturing investments include Ahmedabad-based Abhyuday Group’s plan to invest over $900 million across five U.S. sites, creating about 1,500 jobs. Jindal Pipe and Jindal Tubular USA will invest $87 million in Texas and Mississippi, while Jivo Wellness will invest $15 million, generating both direct and indirect employment.
Polyhose is investing $2 million in Los Angeles, California, to support the U.S. shipbuilding sector.
Technology and digital infrastructure projects are also a major component. Sterlite Technologies plans a $100 million investment to support AI and telecom infrastructure, while Techdome Solutions will invest $7.5 million. RoshAi is investing $5 million in Texas, and Atri AI will establish a presence in Menlo Park, California. Kissflow is investing in Houston, Texas, and SatoriXR is setting up operations in Michigan.
In the energy and advanced applications space, MagnoInnovation Lab will invest $2 million to establish U.S. field operations.
Research collaboration is also part of the investment push, with the Indian Institute of Technology Madras Global Research Foundation committing $4.5 million to establish a research and collaboration hub in California, with plans for an additional East Coast location.
Officials said the announcements highlight deepening economic ties between India and the United States, with Indian companies increasingly investing across diverse regions and sectors of the American economy.
