Tuesday, 02 January 2024 12:17 GMT

Trump's US Investment Tracker: India Ranks 6Th With $500 Billion, UAE Leads With $1.4 Trillion Who Else Made The List?


Date:

(MENAFN- Live Mint) The United States has secured investments worth USD 11.3 trillion under President Donald Trump's administration, with country-level and trade agreements contributing the largest share of USD 5.77 trillion through nine deals. India ranked sixth among countries, attracting investments worth USD 500 billion, according to data released by the White House.

The White House investment tracker, titled "The Trump Effect", listed 277 investments spanning 15 sectors, including technology, artificial intelligence (AI), manufacturing, pharmaceuticals, energy and financial services.

Among the listed deals is a USD 300 billion partnership with India's Reliance to establish America First Refining, which is described as the first major new oil refinery in the US in 50 years.

While country-level and trade agreements accounted for the highest investment value, manufacturing and industry recorded the largest number of investments, according to the data.

Among country-level investment commitments, the United Arab Emirates topped the list with USD 1.4 trillion, followed by Qatar with USD 1.2 trillion and Japan with USD 1 trillion. Saudi Arabia and companies from the European Union each accounted for USD 600 billion, while India stood sixth with commitments worth USD 500 billion.

Also Read | Another blow to H-1B workers in US: Trump ends 540-day work permit extension

The investments attributed to India include a USD 300 billion partnership with Reliance to set up America First Refining, which has been described as the first major new oil refinery in the US in 50 years.

“New factories, chip plants, shipyards, and steel mills are rising in every corner of the country,” the White House tracker noted.

Manufacturing leads in project count, technology and AI in investment value

By sector, manufacturing and industry accounted for the highest number of investments, with 136 projects valued at USD 1.14 trillion. Technology and AI ranked second in terms of investment value, attracting 17 commitments worth USD 3.07 trillion, or around 27 per cent of the overall investments.

Also Read | Trump personally coached Katie Zacharia before 14-minute briefing; what happened

NVIDIA recorded the largest investment commitment, amounting to USD 608 billion among individual companies.

Also Read | Trump weighs 'mother of all bombs' strike on Iran: What is it?

The food and beverage sector saw 22 investments amounting to USD 23.1 billion. Real estate development and transportation and logistics each attracted investments worth USD 20 billion.

The defence sector recorded 11 investments valued at USD 15.3 billion, while entertainment received USD 1 billion. Consumer packaged goods (CPG) secured USD 515 million through four investments, followed by private equity with USD 400 million and agriculture with USD 100 million.

(With inputs from ANI)

MENAFN16102026007365015876ID1111819720


Live Mint

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.



More Story

Search