Archive · 2 Sep 2026
US Holdings in India Triple Over Decade to $390 Billion
American investors owned about $390 billion worth of Indian stocks and bonds at the end of 2025.
That amount was three times the $130 billion they owned in 2015.
Most of the money, $380 billion, was invested in Indian company shares.
Another $11 billion was invested in Indian long-term debt.
India was the 12th-largest destination for American portfolio investment.
American holdings in mainland China were worth $318 billion, less than their holdings in India.
The survey counted the market value of securities, not factories or other physical investments.
Overall, Americans owned about $19.3 trillion in securities from outside the United States.
Most of that total was invested in foreign stocks.
US portfolio holdings in Indian securities reached $390 billion at the end of 2025, triple the $130 billion recorded in 2015.
India ranked 12th among the leading destinations for US portfolio investment, unchanged from 2024.
US investors held $380 billion in Indian equities and $11 billion in Indian long-term debt securities.
US holdings in mainland China totaled $318 billion, $72 billion below holdings in India.
Total US holdings of foreign securities rose to approximately $19.3 trillion in 2025 from $15.8 trillion in 2024.
- Who
- US investors and the United States Department of the Treasury, working with the Federal Reserve Bank of New York and the Board of Governors of the Federal Reserve System.
- What
- US portfolio holdings in Indian securities rose to $390 billion and had tripled from 2015.
- When
- At the end of 2025; the preliminary data were released on August 31.
- Where
- India and other foreign securities markets covered by the annual US holdings survey.
- Why
- The increase was driven largely by higher holdings of equities, according to the survey.
- US holdings in India
- $390 billion at the end of 2025
- Ten-year change
- Up from $130 billion in 2015, a three-fold increase
- Year-on-year change
- Up $7 billion, or about 1.8%, from $383 billion in 2024
- Indian equities
- $380 billion held by US investors
- Indian long-term debt
- $11 billion held by US investors
- India’s ranking
- 12th among destinations for US portfolio investment
- Total foreign securities holdings
- Approximately $19.3 trillion at the end of 2025
