US Companies in India — 2026-10-30
Tesla India reported a massive 12-fold revenue jump to ₹247 crore in FY26 as its first year of vehicle sales concludes, backed by a fresh ₹86-crore equity infusion. Meanwhile, Indian retail investors are flocking to US stocks like Apple and Nvidia via local brokerage apps, creating new capital flow dynamics amidst a struggling local market.
US Companies in India — 2026-10-30
Top developments
Tesla India
Tesla India Motors and Energy Private Limited reported revenue of ₹247.31 crore for FY26, a near 12-fold increase from ₹20.83 crore in FY25. This marks the first financial year where vehicle sales contributed significantly, accounting for nearly 87% of total revenue. The company also posted a net profit of ₹5.16 crore. This growth is supported by a recent ₹86-crore equity infusion aimed at expanding its retail and service network.
Retail Access to US Stocks
Major Indian brokerages, including Groww, Zerodha, and Angel One, are aggressively expanding retail investor access to US equities. This trend has accelerated as the local Indian market faces volatility, prompting millions of small investors to seek exposure to US giants like Apple, Nvidia, and SpaceX. The move represents a significant shift in capital allocation strategies for Indian retail investors.
Apple India Financials
Apple Operations India generated ₹650 crore in revenue in FY26 from software development and global support initiatives, with total revenue from various activities exceeding ₹1,400 crore. This follows the broader Apple India entity crossing ₹1 lakh crore in revenue in FY26, driven by a 31% growth acceleration and a 66% jump in profits to ₹5,311 crore. iPhone volumes rose by 24% during the period.
Deals, expansion & investment
Tesla Equity Infusion
Tesla has infused ₹86 crores in fresh equity into its Indian subsidiary to back its expansion plans. This capital injection is intended to support the scaling of its retail footprint and service network as it approaches 1,000 vehicle registrations in 2026.
IndianOil and US Chemicals Partnership
IndianOil is actively advancing partnerships with US firms in the specialty chemicals sector. The collaboration aims to strengthen domestic capabilities, encourage technology exchange, and improve the global competitiveness of Indian manufacturers.
Regulation & market context
US-India Trade Deal Progress
Commerce and Industry Minister Piyush Goyal stated that the ongoing bilateral trade deal with the US will protect all of India's sensitive interests. He asserted that the public would celebrate the agreement once details are made public, signaling continued diplomatic and economic engagement between the two nations.
Foreign Investment Outflows
Foreign Portfolio Investors (FPIs) have withdrawn approximately $65 billion from the Indian stock market, driven by global risk-off sentiments and domestic market vulnerabilities. This outflow contrasts with the rising retail investment in US stocks by Indian individuals.
On the radar
- Fed Policy Impact: The US Federal Reserve's recent decision to hold interest rates steady is influencing pre-market sentiment in India, with the Sensex opening flat ahead of weekly expiry.
- Pharma Deal Volumes: India's pharma and healthcare sector recorded 87 deals worth $4.3 billion in Q3 2026, showing a 23% rise in volumes, with potential for increased US involvement in future partnerships.
By the numbers
- ₹247.31 crore: Tesla India's FY26 revenue, up 12-fold from the previous year.
- ₹5.16 crore: Tesla India's net profit for FY26.
- ₹650 crore: Apple India's software and support revenue in FY26.
- $65 billion: Amount withdrawn by FPIs from the Indian stock market recently.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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