Governor Leads Indiana Trade Mission to Germany and Switzerland | State

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Next week, Governor Eric Holcomb will travel overseas again to try to attract new businesses to Indiana and thank foreign businesses that have already brought jobs and investment to the Hoosier State.

The Republican chief executive, joined by Commerce Secretary Brad Chambers and a delegation from the Indiana Economic Development Corp. (IEDC), leaves the state on Sunday for a five-day trade mission to Germany and Switzerland.

“Both Germany and Switzerland have been long-standing, reliable partners with Indiana for many years,” Holcomb said. “As we think about the future of energy and industrial growth at the national level, we must always keep in mind how distant global events affect our shared and connected economies.”

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“For example, the war in Ukraine has had severe repercussions that have reverberated throughout Europe and Asia, and I particularly look forward to discussions with our German partners on how we can help and show our way through these times of great industry. change,” he added.

According to the IEDC, Indiana is home to 535 European companies that support 117,600 Hoosier jobs.

Indiana exported $10.3 billion worth of goods and services to Europe last year, about 25% of the state’s total exports, while the $36.6 billion imported from Europe accounted for 47% of Indiana’s imports, the IEDC said.

The Hoosier delegation hopes to maintain and increase these numbers through meetings with German business leaders, participation in a roundtable at the American Chamber of Commerce in Germany, visits to Swiss business enterprises and meet-and-greet sessions with corporate executives from Medartis, Roche and other Swiss companies operating in Indiana.

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“I look forward to our continued discussions on innovation and industries of the future in both countries and in Indiana,” Chambers said.

“Our partnerships with Germany and Switzerland have been crucial for industry growth and technological advancement in advanced manufacturing, Industry 4.0, pharmaceuticals and orthopedics, boosting research and development and offering quality career opportunities at Hoosiers,” he added.

This is Holcomb’s 13th foreign trade mission and third visit to Germany and Switzerland since becoming governor in 2017.

State delegation expenses are paid for by private donations to the Indiana Economic Development Foundation.

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