US Companies in India — 2026-09-08
US Ambassador to India Sergio Gor actively promoted US-India economic ties and launched the TRUST Fellowship in Bengaluru, signaling deepening collaboration in AI and space. Meanwhile, Apple's aggressive hiring ramp-up in India is being interpreted by analysts as a strategic shift toward making the country a central hub for global engineering and AI development.
US Companies in India — 2026-09-08
Top developments
Apple
Apple’s significant increase in hiring within India suggests a strategic expansion of its role in the global tech ecosystem, moving beyond just manufacturing to include substantial AI and engineering functions. GlobalData analysts note that this recruitment drive indicates Apple is positioning India as a critical node for its global operations, potentially accelerating the timeline for India to become a primary source for US-bound iPhone production. This move aligns with broader supply chain diversification strategies amid ongoing geopolitical tensions.
US Embassy / Sergio Gor
On September 7, US Ambassador to India Sergio Gor emphasized the rapid strengthening of economic partnerships between the two nations, specifically highlighting growth in space technology, artificial intelligence, and trade negotiations. During an ACMA event, Gor explicitly invited Indian companies to invest in the US, framing the American market as "open for business" while simultaneously pitching expanded opportunities for US businesses in India. This dual-track approach aims to balance trade deficits by encouraging reciprocal investment flows.
Upstox
Indian fintech major Upstox launched a new facility on September 7 allowing Indian retail investors to directly invest in US stocks. This product launch simplifies access to companies like Apple, Tesla, Amazon, and NVIDIA for Indian citizens, who can now utilize the Liberalised Remittance Scheme (LRS) limits of up to USD 250,000 annually more seamlessly. The move reflects growing demand from Indian investors for global diversification away from local market volatility.
Deals, expansion & investment
US-India TRUST Fellowship
In early September 2026, Ambassador Sergio Gor launched the U.S.-India TRUST Fellowship in Bengaluru. This initiative coincides with the expansion of the U.S. Commercial Service presence in India, aiming to facilitate deeper strategic tech partnerships and support US companies navigating the Indian market. The fellowship focuses on building long-term professional networks between US and Indian tech sectors.
Regulation & market context
Trade Pact Negotiations
Trade Minister Piyush Goyal reiterated that India will only finalize the proposed trade pact with the US once preferential tariff rates are secured. This stance underscores India's leverage in negotiations, aiming to avoid compromising domestic interests despite pressure to close deals. The delay impacts US exporters seeking immediate tariff relief but signals a commitment to a balanced agreement.
By the numbers
- $390 Billion: Value of US investment in Indian securities as of 2025, representing a threefold increase over the last decade.
- $143.8 Billion: Apple's record quarterly revenue reported in Q2 2026, highlighting the financial scale behind its expanding global manufacturing and R&D footprint.
- USD 250,000: Annual limit under India's LRS scheme for individual investors to buy foreign stocks, now made more accessible via new platforms like Upstox.
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.
Powered by
