The state wants to strengthen its position and help Indiana businesses do more business in the global marketplace.
Gov. Eric Holcomb will lead economic development trips to Asia in the coming months to support the state of Indiana’s increasingly global economy, strengthening partnerships and creating connections across business, culture, education, government and even sports.
“Markets are more connected now than ever before, and we’re proud to support a growing global dynamic economy in Indiana,” Holcomb said. “That growth is evident in our business sector, with 1,000 foreign-owned companies throughout Indiana employing 21st century talent in communities all across our state. We’re committed to continuing to cultivate mutually beneficial partnerships that will create even more opportunities for Hoosiers and a shared prosperous future.”
Gov. Holcomb and Indiana Secretary of Commerce Jim Schellinger will lead business delegations to Japan and South Korea from Sept. 4 through Sept. 10 and China and India from Sept. 22 through Oct. 5.
Indiana is home to 1,004 foreign-owned business establishments that support more than 193,000 jobs across the state.
Foreign direct investment committed to the state has increased by 300 percent from 2016 to 2018, with 47 foreign-owned businesses committing to invest $3.2 billion to locate or grow in Indiana last year.