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ECONOMY 1h ago

White House lists investment over $330 billion in US from India

Economic Times Economy
Published 16 Oct 2026, 05:54 pm IST
White House lists USD 330.5 billion investments in US from IndiaiStock

The White House listed investments worth “trillions of dollars” in the US, including over USD 330 billion from India

The list, played on a loop on the White House YouTube channel, included two entries for India: $310 billion and $20.5 billion. It also featured a $15 billion steel plant announced by Essar Group’s Mesabi Metallics in Iowa.

“Sit back, relax & enjoy the soothing sound of trillions pouring into America this Friday,” the White House said in a post on X.

There was no immediate response from the White House to queries on the list.

In March, US President Donald Trump announced that Reliance Industries was investing $300 billion to set up an oil refinery in Brownsville, Texas. In May, Indian industry announced plans to invest up to $20.5 billion in the US on the sidelines of the SelectUSA Investment Summit.

The total of $10.871 trillion includes investments from private industry in the US and foreign countries. Trump has claimed at public rallies for the midterm elections that his administration secured more than $20 trillion in investments and commitments for the US economy.

Originally reported by Economic Times Economy.Source: economictimes.indiatimes.com