This year Modi met many delegates around the world to attract the foreign investor’s, but in this hurry PM Modi forgot that the US investors have jumped in India last year before he could start publicizing about India at the US companies. Can Modi meet those expectations? Here is a list of US companies that have investment intentions in India.
8 Major US Companies that are investing big in India :
1. Google: It plans to invest Rs 1,500 crore in its new campus at Hyderabad. This will be its biggest outside the US.
2. CISCO: This company will be investing $2 billion this year. Apart from this the company will invest additional of $ 60 million in India on training and facility expansion.
3. Microsoft corporation: Plans to establish three data centres in India with an investment of Rs 1,400 crore.
4. Uber Technologies: This plans to invest $1 billion India as it wants to expand its service beyound 18 cities in India in which it operates. Half of its investment is aimed in Hyderabad and by next five years it will establish a facility which will be the biggest international office.
5. General Motors: It plans to invest Rs 6,400 crore in India. GM also plans for a multiple-fold jump in exports from India. It could add 12,000 new jobs to GM India and its suppliers.
6. Hilliard Energy: Plans to invest $600 million to set up 500MW solar and 150MW wind energy projects in Andhra Pradesh.
7. Johnson and Johnson’s: Its biggest manufacturing facility in India is set to come up in Telangana with an investment of Rs 4,000 crore. Coming up on 48 acres, the plant will be operational from 2016 and will employ 1,500 people.
8: Mars: Plans to invest about $160 million in a manufacturing plant in Pune. Some of the key chocolate brands such as Snickers and Galaxy will soon be produced in India.
