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

The White House on Friday listed investments worth over $330 billion from India as part of a broader tally of investments in the US, which totalled $10.871 trillion.

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.

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“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.

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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.