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Governor Greg Abbott final evening returned from a productive financial improvement mission to India organized by the Governor’s Economic Development & Tourism Office and the Texas Economic Development Corporation. During the journey, the Texas delegation met with firm executives, enterprise leaders, and authorities officers to advertise Texas’ mighty economic system; encourage continued commerce, job creation, and capital funding by Indian firms in Texas; and strengthen the continuing partnership between India and Texas. This was Governor Abbott’s second journey to India.
“This economic development mission to India has strengthened our understanding of the deep cultural tenants that Texans and the Indian people share,” mentioned Governor Abbott. “We both have generous hearts, longing to see a brighter, more prosperous future for our children and grandchildren. Texas remains the most popular destination for Indian foreign direct investment and jobs created in the entire United States, and I am confident this enduring bond and strong collaboration will continue for years to come after this very productive economic development mission.”
The Governor was joined by First Lady Cecilia Abbott, Secretary of State Jane Nelson, the Governor’s Economic Development & Tourism Office Executive Director Adriana Cruz, Texas Economic Development Corporation Vice Chair and President of Nextt Arun Agarwal, and Texas Economic Development Corporation President & CEO Aaron Demerson. The Texas delegation additionally included enterprise and financial improvement leaders from throughout the state, representing greater than 16 firms, communities, and financial improvement organizations:
- City of Dallas Economic Development Corporation Vice President Linda McMahon
- City of Dallas Office of Economic Development Assistant Director Heather Lepeska
- COSTEP Chief Executive Officer Adam Gonzalez
- Dallas Regional Chamber Senior Vice President of Economic Development Mike Rosa
- Frisco Economic Development Corporation Director of Economic Development Harry Whalen
- higher:SATX Chief Economic Development Officer Sarah Carabias Rush
- Greenlight Founder and CEO Manoj Kutty
- GS Dallas Group Co-Founder and Chairman Sanjeev Khana
- Houston Airport System Executive Director Mario Diaz
- Houston Airport System Director of International Relations Zeljka Momirovic
- Indo American Chamber of Commerce of Greater Houston Executive Director Jagdip Ahluwalia
- Infosys Americas Executive Vice President and Head Rajesh Varrier
- Irving-Las Colinas Chamber of Commerce Vice President of International Affairs Joe Chapa
- Las Colinas Chamber of Commerce Vice President of Economic Development Diana Velasquez
- Opportunity Austin CEO Edward Latson
- Opportunity Austin Vice President of Global Investment & Innovation Corey Rose
- Select Dedicated Solutions CEO Ruben Garibay
- Tata Consultancy Services Head of Government Relations Neil Bjorkman
- Vistra Energy Senior Director of Community Affairs Brad Watson
HIGHLIGHTS FROM GOVERNOR ABBOTT’S TRIP TO INDIA:
Governor Abbott Strengthens Economic Relationships With Technology Partners In Mumbai
On the primary day of the mission, Governor Abbott and the Texas delegation met with executives from Infosys, Reliance Industries, Tata Consultancy Services, and Wipro. During the conferences, Governor Abbott mentioned Texas’ ongoing partnership with the businesses to broaden their presence within the Lone Star State. The firms additionally highlighted their respective sturdy commitments to philanthropy at present underway. Additionally, the Governor additionally showcased Texas’ place as a world and nationwide chief within the tech, power, aerospace, and manufacturing industries and methods the state continues to spend money on a rising, numerous workforce ready to sort out the wants of our modernizing world.
In the night, Governor Abbott championed Texas’ thriving movie business throughout a dinner with Bollywood movie business leaders, together with singer and actor Talat Aziz, and that includes performances by Bollywood dancers.
Governor Abbott Showcases Texas’ Manufacturing, Energy Industries In Mumbai
On day two, Governor Abbott and the Texas delegation toured the A.M. Naik School (Naik School) situated on the Larsen and Toubro Limited (L&T) campus. The Naik School, established by the Naik Charitable Trust philanthropic group, is a singular instructional expertise making ready college students for the long run calls for of our altering world. Later, the Governor met with L&T Chairman Emeritus A.M. Naik to debate the corporate’s current operations and future plans in Texas.
Governor Abbott additionally participated in a jersey alternate with the Mumbai Cricket Association, offering jerseys from the Texas Super Kings and Dallas Wolves skilled cricket groups representing the 2 new cricket leagues in Texas.
That night, Governor Abbott participated in a Texas-India enterprise business roundtable and reception hosted by the Confederation of Indian Industry (CII) the place he highlighted methods Texas and India can proceed to construct extra sturdy commerce and financial partnerships. The roundtable featured CII members, girls enterprise leaders, and different enterprise organizations from Mumbai. Governor Abbott additionally talked about his need to associate with India in its mission to turning into the second largest economic system on the planet.
Governor Abbott Touts Texas’ Energy, Tech Industries In New Delhi
On the third day, the Governor met Adani Group Founder and Chairman Gautam Adani and different Adani Group executives to debate Texas’ place because the power capital of America, noting Texas’ vital all-of-the-above power technique. Governor Abbott additionally joined executives from the National Association of Software and Service Companies (NASSCOM) and different tech firm leaders from India to debate rising and increasing India’s sturdy expertise business in Texas.
In the night, Governor Abbott and the Texas delegation attended a reception hosted by the U.S. Commercial Service in India. During the reception, the Governor outlined Texas and India’s interconnected economies, noting that in 2022 India was Texas’ Eleventh-largest buying and selling associate, tenth largest export associate, and Eleventh-largest import associate.
Governor Abbott Highlights Texas’ Robust Technology Industry In New Delhi
On day 4, Governor Abbott participated in a Texas-India financial partnership roundtable dialogue hosted by the U.S.-India Strategic Partnership Forum to debate methods to bolster financial ties between Texas and India throughout a wide range of industries, together with power and expertise. The Governor emphasised the significance of strategic partnerships between democracies—like Texas and India—to protect freedom and prosperity all over the world.
Governor Abbott and the Texas delegation additionally met with HCLTech executives on the firm’s international headquarters in Noida. Noting Texas as the highest tech and semiconductor exporting state in America, the Governor and HCLTech leaders mentioned methods the corporate can broaden present and new operations in Texas.
Later within the afternoon, the Governor met with the Minister of Commerce and Industry of India Piyush Goyal. The two leaders shared their mutual curiosity in strengthening financial ties between Texas and India, together with extra funding in info and communication expertise and supporting extra engineering and analysis at establishments of upper studying.
In the night, Governor Abbott and the Texas delegation attended a reception with younger enterprise leaders from a various set of industries in India, together with power, expertise, and finance.
Governor Abbott Champions Texas-India Economic Partnership At 7th India-U.S. Forum In New Delhi
On the ultimate day of the mission, Governor Abbott met with External Affairs Minister of India Dr. Subrahmanyam Jaishankar. During the assembly, Governor Abbott and Minister Jaishankar explored continued collaboration between Texas and India throughout a wide range of industries, together with semiconductor manufacturing and aerospace expertise.
Later, Governor Abbott delivered the keynote handle on the seventh India-U.S. Forum hosted by the Ministry of External Affairs and Ananta Centre in New Delhi. Addressing enterprise and authorities leaders, the Governor mentioned the historic capital funding by Indian firms, mentioning that during the last decade they’ve invested over $1.4 billion in capital by 59 tasks, creating greater than 10,300 good-paying jobs in Texas.
India is ninth amongst all nations for the variety of overseas direct funding (FDI) tasks in Texas. According to Indian business estimates, Texas is the most well-liked vacation spot for Indian FDI capital funding and jobs created within the U.S. In the final decade, firms from India have invested $1.4 billion in capital funding by 59 tasks in Texas, creating greater than 10,300 jobs. In 2022, Texas’ whole commerce with India totaled $20.4 billion, making India the state’s Eleventh-largest whole commerce associate. That identical 12 months, Texas exports to India totaled $13.3 billion. Texas exports account for 28 p.c of all U.S. exports to India.
The journey was sponsored and paid for by the Texas Economic Development Corporation, an independently funded and operated 501(c)(3) nonprofit group answerable for advertising and selling Texas as a premier enterprise location. Along with the Governor’s Economic Development & Tourism Office, these two organizations make up the cornerstone of Governor Abbott’s financial improvement agenda to construct the Texas of tomorrow.
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