Indian companies have committed over $20 billion in investments in the United States at the annual Select Investment Summit, with significant expansion occurring in pharmaceuticals, manufacturing, and technology sectors, while US companies simultaneously strengthen their presence in India's fast-growing market, demonstrating robust bilateral economic cooperation.
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Indian Companies Pump $20 Billion Into US EconomyAdded:
Investment flows are reaching new heights. Indian companies continue to expand in the United States, particularly in pharmaceuticals, manufacturing, and technology, while US firms are expanding their footprint in India's fast-growing market.
I was thrilled to see Indian companies committing more than $20 billion investments in the United States at the annual Select Investment Summit. And not only is that a big number at 20 billion, all the embassies compete to bring investment into the United States. And we were thrilled to see that our embassy, working with our partners here in India, was first in the world, which is an incredible achievement.
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