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Texas Governor leads trade delegation to India
The delegation aims to foster trade, investment, and job creation for Texas
Texas India Business Mission Poster / X/@GovAbbott
An economic development mission to India organized by the Governor’s Economic Development & Tourism Office and the Texas Economic Development Corporation left for India recently. The delegation lead by Governor Greg Abbott will remain in the country till January 28.
During the trip, the delegation will meet with company executives, business leaders, and government officials to promote Texas’ economy; encourage continued trade, job creation, and capital investment by Indian companies in Texas; and deepen the partnership between India and Texas.
“As the eighth-largest economy in the world and home to a highly skilled and growing workforce, Texas offers endless opportunities for business expansion and investment from our global partners,” said Governor Abbott, who will be making his second trip to India said prior to departure.
“There is great potential for us to expand critical industry and trade partnerships with India. I look forward to leading this economic development mission as we share the story and spirit of Texas' longtime economic success and ingenuity with the people of India,” he added.
First Lady Cecilia Abbott, Secretary of State Jane Nelson, the Governor’s Economic Development amd 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, are part of the delegation alongside the governor.
The Texas delegation also includes business and economic development leaders from across the state, representing more than 16 companies, communities, and economic development organizations:
According to the governor’s office, India is ninth among all nations for the number of foreign direct investment (FDI) projects in Texas. In the last decade, companies from India have invested $1.4 billion in capital investment through 59 projects in Texas, creating more than 10,300 jobs.
Meanwhile, Texas is the most popular destination for Indian FDI capital investment and jobs created in the U.S for India. In 2022, Texas’ total trade with India totaled $20.4 billion, making India the state’s 11th-largest total trade partner. That same year, Texas exports to India totaled $13.3 billion. Texas exports account for 28 percent of all U.S. exports to India.
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