Skip navigation

Home
About Us
Contact Us
Useful Websites
Welcome
Practical Advice
State Profiles
How We can help
Useful Contacts
Useful Websites
Products & Services
Archive
Print!Print article
Indiana

A driving force

Over the past 11 years, Indiana’s economy has grown in size and diversity. With an estimated 2005 Gross State Product of approximately $216bn, Indiana’s economy ranks as the 15th largest in the country in terms of the value of goods and services produced. Indiana benefits from proximity to major markets and population centres – both national and international.

Businesses can access markets and population centres in the north through Lake Michigan and the Great Lakes-St. Lawrence Seaway, and to the south through the Ohio and Mississippi rivers. With 11,300 miles of state highways and 1,171 miles of interstate highways, Indiana has more highways passing through it than any other state. Indiana is within a day’s drive of twothirds of the population of the US.

Most importantly, people of Indiana have a high quality of life. Indiana is one of the least expensive places to live in the Midwest. It is a great place to raise a family. It is clean, safe, full of family-orientated events and cultural activities, where education is a top priority.

Transportation

Indiana is centrally situated within the Great Lakes region and is within a day’s drive of nearly two-thirds of the US population. The state is investing over $12bn in the next 10 years in infrastructure improvements. In addition, Indianapolis is a major airline hub. The Indianapolis International Airport is currently investing over $1bn in expansion and upgrades.

Education

Elementary and secondary education in the state is provided by 293 school districts, which operate over a huge range of schools and education facilities. Indiana also has a world-class higher education system. The Purdue Research Park (PRP) is ranked as the number one university research park in the country by the Association of Research Parks. Indiana University’s Emerging Technologies Center is one of the fastest growing incubators in the nation. US News & World Report finds Rose-Hulman to be the nation’s number one Masters level engineering school, and Ball State University ranks number one for wireless campuses by Intel Corporation.


Industrial diversity

Over the course of the past decade, investment and expansion in certain high-wage industrial sectors has occurred in Indiana, while declining elsewhere. Indiana is a leader in life sciences and is home to such industry leaders as Eli Lilly and Company, Biomet, Cook Group, and Zimmer. Indiana also has the nation’s largest FedEx hub, located at the Indianapolis International Airport. To round out the diversity, Indiana is home to Toyota’s second largest vehicle production facility in North America.

Exports

In 2005, the state’s exports were over $21bn, ranking 11th among all US states. Canada remained Indiana’s largest trading partner, with Mexico as the second leading export partner and the UK the third. Vehicles, machinery and electrical machinery continue to be the leading export sectors, but areas such as medical equipment, organic chemicals and plastic are rising in importance.

For more information, contact:
Indiana Economic Development Corporation
One North Capitol, Suite 700
Indianapolis, IN 46204
Tel: 001 8317 232-88800
Website: www.iedc.in.gov

Back to topTop