#BTDavos2026| AI, Data Centres, Chips: Why US Companies Are Investing In India

At Davos 2026, Business Today Group Editor Siddharth Zarabi speaks exclusively with Rajiv Memani, President of CII, on the strength of India–US business ties amid global trade uncertainty. Despite delays in the India–US trade deal, American tech giants like Google and Microsoft are making large, long-term investments in India—building data centres, AI infrastructure, and chip ecosystems. Memani explains why India’s vast market, data scale, and growth potential make it impossible for global companies to ignore. He also outlines where a trade agreement still matters most—manufacturing exports and global value chains—and why Indian companies continue to prioritise domestic investments even as they explore opportunities in the US for innovation and R&D.