Governor Holcomb to foster international business relationships in China, India

Local News
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INDIANAPOLIS, Ind. (WEHT) – Governor Eric J. Holcomb and Indiana Secretary of Commerce Jim Schellinger will arrive in Asia Monday, leading delegations of economic development professionals and business leaders to China and India to strengthen Indiana’s relationships and pursue opportunities to expand transpacific exchanges.

“It’s the perfect time to be making the trip,” Gov. Holcomb said. “We’ll use our time in China and India to strengthen our relationships with these important international partners. Of course, we’re also looking forward to supporting the Pacers as they play the first ever NBA game in India.”

Indiana is home to 21 China-based business establishments, which support approximately 2,500 jobs across the state, and eight India-based business establishments, supporting 1,000 jobs throughout the state.

Since 2013, 17 businesses in China and India have committed to locating or growing in Indiana.

Together, they plan to invest more than $584 million in their Indiana operations and create up to 5,425 new Hoosier jobs.

Indiana is home to more than 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.

Gov. Holcomb and the delegation will begin the trip in China, meeting with global business leaders and government officials in Beijing, Shanghai and Hangzhou from Sept. 24 to Sept. 30.

Following, the Governor and Secretary will travel to India on Sept. 30, visiting New Delhi and Mumbai.

This marks Gov. Holcomb’s second trip to India and his first visit to China. The costs of the state delegations are being paid through private donations to the Indiana Economic Development Foundation.

The Governor will return to Indiana on Oct. 6.

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