The White House listed investments worth “trillions of dollars” in the US, including over $330 billion from India, placing it among the country's leading investors.
The list of investments, played on loop on the White House YouTube channel, also features the $15 billion steel plant announced by Essar Group’s Mesabi Metallics in Iowa.In the list of countries investing in the US, there are two entries for India – one listing $310 billion and another $20.5 billion.
“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 this matter.
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 investments – both from private industry in the US and foreign nations – amount to $10.871 trillion.
In his public rallies for the midterm elections, Trump has claimed that his administration secured more than $ 20 trillion worth of investments and commitments for the US economy. -PTI
