Over 500 major American firms operate in Mumbai, says US Ambassador Sergio Gor

More than 500 prominent American enterprises are currently running operations in Mumbai, according to United States Ambassador to India Sergio Gor. Speaking at the Freedom 250 reception event, the ambassador outlined the expanding role of American commercial operations within the country's broader economic system. The diplomat stated that these corporations operate across multiple key industries, including financial services, consumer goods, pharmaceuticals, and technology. Gor emphasised that this physical corporate presence demonstrates sustained commercial participation in Mumbai, which remains a primary hub for international corporate operations and foreign commercial engagement in India. Addressing financial contributions, Gor highlighted that United States institutional investors currently form the largest single group of foreign capital holding Indian stocks traded on exchanges in Mumbai. He characterized this position as a significant indication of trust regarding the future direction of the Indian economy. The ambassador explained that the present economic relationship between the two nations developed steadily over an extended period. He noted that these bilateral financial bonds and business ties were built through deliberate effort over time rather than occurring by chance or emerging overnight.