DOING BUSINESS IN INDIANA
Indiana Economic Development Corp.
800-463-8081
ageminden@iedc.in.gov
iedc.in.gov/
“We’ve secured over $33 billion of committed capital investment in just six quarters. That’s a figure that normally would have taken six years to achieve.”
— David Rosenberg, Indiana Secretary of Commerce under Governor Holcomb
TARGETED GROWTH SECTORS
Industry 4.0: Robust talent and research pipeline, central location and innovative new tech mega park sites make Indiana ideal for industry 4.0.
Electric Vehicles: Home of production facilities for global leaders such as Samsung SDI and Stellantis, Indiana offers superior cluster advantages for the EV sector.
Microelectronics & Semiconductor Manufacturing: Research and training leaders such as Purdue University, plus the assets of the I-65 Hard Tech Corridor, make Indiana a strategic choice for microelectronics and semiconductor manufacturing.
TOP PROJECTS
COMPANY | LOCATION | INVESTMENT |
Amazon Web Services | New Carlisle | $11 billion |
Eli Lilly and Company | Lebanon | $5.3 billion |
SK Hynix Inc | West Lafayette | $3.8 billion |
Fort Wayne | $2 billion | |
Toyota | Princeton | $1.4 billion |
FEATURED LOCATIONS
Conveniently located on I-70 in Central Indiana, Henry County offers small-town living with large cities nearby. Local schools enhance quality of life and provide practical vocational training. Site selection opportunities range from a growing industrial park to rural destinations with room to expand. Discover why Henry County is an ideal location, especially for manufacturing and food processing companies.
FAST FACTS
Population (2024 est.): 6,892,120¹
Largest Cities (2024 est.): Indianapolis (876,665); Fort Wayne (271,865); Evansville (114,651); Fishers (105,631); South Bend (103,415)¹
Real GDP (2023): $404.2 billion²
¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce
READI Program
In 2021, the now $1.25 billion READI program was established. READI 2.0, which was part of Governor Holcomb’s 2023 Next Level Agenda and approved by the Indiana General Assembly, allocates another $500 million to regions across the state to accelerate shovel-ready projects and programs that are expected to transform communities, attract talent, and improve quality of life.
TOP BUSINESS FACILITIES RANKINGS
| #1 Manufacturing (Job Growth) | 2024 State Rankings |
| #2 Automotive | 2024 State Rankings |
| Top 5 Food Processing | 2024 State Rankings |
| Top 10 EV Investment | 2024 State Rankings |
| Top 10 Life Sciences Leaders | 2024 State Rankings |
| Top 10 MedTech/Medical Devices | 2024 State Rankings |
| #1 Most Affordable Cities (Medium): Fort Wayne | 2024 Metro Rankings |
| Top 5 Manufacturing Hubs (Small): Elkhart/Goshen | 2024 Metro Rankings |
| Top 10 AI Growth Hubs: Indianapolis | 2024 Metro Rankings |
| Top 10 Food Processing: Lafayette/West Lafayette | 2024 Metro Rankings |
