A Texas trade delegation travels to India, where they discuss efforts to improve ties

A Texas trade delegation travels to India, where they discuss efforts to improve ties

A Texas trade delegation travels to India, where they discuss efforts to improve ties

Governor Abbott last visited India in 2018, thus this will be his second trip there. When it comes to the quantity of foreign direct investment (FDI) projects in Texas, India is in ninth place overall.

With $20.4 billion in commerce with India in 2022, Texas ranked 11th among its trading partners overall.

During their nine-day tour to India for economic growth, a team from the US state of Texas, headed by Governor Greg Abbott, will have meetings with a number of important Indian authorities and financial figures.

The group, which will be in Texas from January 19–28, will meet with government officials, business executives, and corporate executives in an effort to highlight the state's robust economy and quicken the pace of commerce already in place between Texas and a number of Indian enterprises. "We have a great deal of opportunity to grow our significant trade and industrial relationships with India. I'm excited to spearhead this mission of economic growth and tell the Indian people about Texas's long-term economic success and culture of innovation. Abbott said in a statement, "We share and I look forward to the opportunity this tour provides to expand our cultural and economic links throughout the globe.

Governor Abbott last visited India in 2018, thus this will be his second trip there. When it comes to the quantity of foreign direct investment (FDI) projects in Texas, India is in ninth place overall. Texas is the most sought-after location for Indian FDI capital investment and jobs created in the US, according to estimates from the Indian industry. Over the past ten years, Indian companies have invested US$1.4 billion in capital through 59 projects in Texas, creating over 10,300 jobs in the process.

With $20.4 billion in commerce with India in 2022, Texas ranked 11th among its trading partners overall. Texas sent $13.3 billion in exports to India in the same year. Twenty-eight percent of US exports to India come from Texas. "As the world's eighth-largest economy as well as home to a highly skilled and growing workforce, Texas offers many possibilities for business expansion as well as investment through our global partners," Abbott said.