WASHINGTON DC: A number of home firms, together with JSW Metal and the Aditya Birla Group, have pledged investments within the US as Indian firms improve their American presence.
The latest 2024 SelectUSA Funding Summit in Maryland noticed JSW Metal commit an extra $110 million to develop its operations in Baytown, Texas, whereas Aditya Birla Group introduced a $50 million funding in a cutting-edge manufacturing and R&D centre in Texas.The latest partnership between Amul, India’s dairy large, and the Michigan Milk Producers Affiliation in Could 2024 additional underscores the flourishing diplomatic and financial ties between India and the US.
This development extends past massive companies. Notably, Karnataka sponsored deep-tech startups from the area to attend the funding summit, offering them with a platform to community, safe funding and discover potential growth into the US market.
“The success of this yr’s SelectUSA Funding Summit highlights why the US stays the highest vacation spot for overseas funding for 12 consecutive years,” mentioned US Secretary of Commerce Gina Raimondo.
The latest 2024 SelectUSA Funding Summit in Maryland noticed JSW Metal commit an extra $110 million to develop its operations in Baytown, Texas, whereas Aditya Birla Group introduced a $50 million funding in a cutting-edge manufacturing and R&D centre in Texas.The latest partnership between Amul, India’s dairy large, and the Michigan Milk Producers Affiliation in Could 2024 additional underscores the flourishing diplomatic and financial ties between India and the US.
This development extends past massive companies. Notably, Karnataka sponsored deep-tech startups from the area to attend the funding summit, offering them with a platform to community, safe funding and discover potential growth into the US market.
“The success of this yr’s SelectUSA Funding Summit highlights why the US stays the highest vacation spot for overseas funding for 12 consecutive years,” mentioned US Secretary of Commerce Gina Raimondo.
