Mumbai (Maharashtra), June 3: The private sector firms of the United States have committed to invest over USD 67 billion in India, said US Ambassador to India, Sergio Gor.
Speaking at the Citi 2026 India Conference in Mumbai, Gor said such investments represent a "win-win situation" alongside government-to-government engagement.
"In addition to govt to govt engagement, the US private sector has made significant commitments in India. That is the win-win situation that we identify. Amazon plans to invest US$ 35 billion into India by 2030 to advance AI-driven digitalisation. Microsoft has announced a US$17.5 billion investment. Google announced a US$15 billion AI hub in India," Gor said.
Going further, he said that both countries are working together to finalise the bilateral trade as the US teams have arrived in the national capital.
Interestingly, the United States Trade Representative (USTR) has included India in the list of countries which have unfair trade practice with the US.
This significant development comes as the US trade team is negotiating the complex 1 percent described by both sides.
Amid ongoing India-US trade deal talks, the Office of the United States Trade Representative (USTR) has named India among countries that have unfair trade practices. Based on these findings, the USTR has proposed imposing additional tariffs ranging from 10% to 12.5% on imports from affected countries.
Earlier, India's Union Minister of Commerce and Industry Piyush Goyal had stated that investment commitments from American industry in the last six months are estimated to be upwards of 60 billion dollars, including major data centre investments by companies such as Amazon and Google.
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The Minister said that India and the United States are working as natural partners and complement each other across sectors including technology innovation, high precision defence, digital data centres, quantum computing and medical devices.
As per the April bulletin of Reserve Bank of India (RBI), the gross foreign direct investment (FDI) witnessed strong growth, while net FDI showed improvement which is a matter of concern.
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The total amount of money or gross FDI entering India grew by 18.1 percent to USD 88.3 billion in April-February 2025-26 from USD 74.7 billion a year ago. While the net FDI inflows stood higher at USD 6.3 billion during April-February 2025-26 from USD 1.5 billion a year ago, the RBI data shows.
Ends.
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