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Economic Development Trip – Germany and Switzerland 2022

Gov. Holcomb Heads to Europe to Enhance Life Sciences, Innovation-Focused Industry Growth

Governor Eric J. Holcomb will lead an economic development trip to Germany and Switzerland next week joined by Secretary of Commerce Brad Chambers and other officials from the Indiana Economic Development Corporation. They will be departing Indiana on Sunday, Oct. 2. This trip will further business development discussions in future-focused industries in Indiana, advance the state’s medical device ecosystem, and engage key actors within the global energy transition.

“Germany and Switzerland have both been long-standing reliable partners with the Indiana for many years,” said Gov. Holcomb. “As we think about the future of energy and industrial growth domestically, we must always keep in mind how far away global events effect our shared and connected economies. For example, the war in Ukraine has had serious repercussions that have rippled across all of Europe and Asia and I’m particularly looking forward to discussions with our German partners about how we can assist and lead our way through these times of great industry change.”

There are now 535 European-owned businesses in Indiana that support 117,600 Hoosier jobs, and in 2021 Indiana exported $10.3 billion to Europe, just over 25% of the state’s total exports. Indiana also imported $36.6 billion from Europe which made up just more than 47% of Indiana's imports.

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