As head of the statewide organisation responsible for recruiting foreign direct investment into North Carolina. He have made it a priority to grow the already impressive roster of Indian companies that have chosen our state as the best location for a US expansion. So, the Economic Development Partnership of North Carolina (EDPNC) recently opened an office in Bangalore, dedicated to identifying and attracting corporate investors from India.
Indian companies announced over $209 million in capital investment and 3,700 new jobs in North Carolina. (Meanwhile, the number of North Carolina residents of Indian descent grow by 54 percent, to over 110,000.)
- North Carolina ranked No. 1 among all 50 US states for the total number of announced jobs connected to Indian FDI.
- North Carolina was the No. 2 state in the Southeast US and No. 7 nationwide for the total capital investment announced by Indian companies.
- North Carolina’s cost-effective business environment is clear across several measures
- In fact, North Carolina has the second-lowest business costs (covering labor, energy and taxes) in the country, according to Forbes’ Best States for Business list, where North Carolina is ranked No. 1 among all 50 states.
Christopher Chung is the Chief Executive Officer, Economic Development Partnership of North Carolina.