Doing Business in Austin and Surrounding Cities
Austin and the surrounding Austin metropolitan area present a unique and dynamic economic environment for businesses. The area is known for its innovative and entrepreneurial culture, skilled workforce, and high quality of life.
The city of Austin itself is home to a diverse and growing economy with strong sectors in technology, healthcare and life sciences, creative industries, and finance. Austin has a booming startup scene and is a hub for many major corporations like Apple, Google, Facebook, and IBM. The business climate is supportive of new ventures with low taxes and business-friendly policies.
The surrounding suburbs offer complimentary benefits for businesses. Cities like Round Rock, Cedar Park, Pflugerville, and Leander provide lower operational costs, abundant commercial and industrial space, and access to Austin’s large talent pool. They also offer amenities for employees like good schools, affordable housing, and outdoor recreation opportunities.
Larger cities within an hour drive of Austin like San Antonio and Waco provide access to larger customer bases and business inputs at lower costs. They can also serve as viable alternatives for certain business functions that need a lower cost environment.
In summary, Austin’s economic region provides businesses the right mix of innovation, talent, infrastructure, and cost advantages to thrive. The business-friendly climate and strong economic momentum of the area make it an attractive destination for companies of all sizes and industries.
Invest India
The US India Chamber of Commerce works closely with Invest India. Invest India is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
Invest India focuses on sector-specific investor targeting and development of new partnerships to enable sustainable investments in India. In addition to a core team, which is focusing on sustainable investments, Invest India also partners with subnational investment promotion agencies and multilateral organizations.
Invest India also actively works with several Indian states to build capacity as well as bring in global best practices in investment targeting, promotion and facilitation areas.
Make in India
In 2014, the Indian government launched a valuable manufacturing initiative to provide foreign companies with access to Indian labor markets and manufacturers while simultaneously accessing Indian and other South Asian markets through the ‘Make in India’ program.
Seeking to increase India’s technological expertise and manufacturing abilities, this program was envisioned and launched by Prime Minister Narendra Modi to encourage global markets to work with India in 25 different sectors from food processing to leather manufacturing.
Through the systematic process laid out in the ‘Make in India’ initiative, U.S.-based companies can access Indian opportunities. The US India Chamber of Commerce DFW works with member companies to access Indian and South Asian markets through the Make in India initiative.
