A new nonprofit that focuses on developing and growing business relationships and potential investment between the Hoosier State and Germany has launched. While not a state agency, the Indiana-Germany Business Council wants to work with the Indiana Economic Development Corp. to help strengthen business and educational ties between the two.
The IGBC says Germany represents the second largest source of foreign direct investment into the Hoosier State.
More than 125 German-based companies do business in Indiana and Indiana exports to the European country topped $1.6 billion in 2020.
“Germany is one of the state’s strongest economic partners and represents enormous potential for future business,” said Andrea Richter-Garry, board chair of the IGBC. “We want to take a proactive step towards ushering in a new era in the Indiana-Germany relationship.”
The IGBC plans to host conferences and networking events for German delegations that visit the U.S. seeking trade and business partnerships.
Similar organizations already exist for Asian partners, including the America China Society of Indiana and the Japan-America Society of Indiana.
Click here to learn more about the membership-based organization.