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As one of the most economically diverse states in the US, Illinois offers a world-class business environment, several financial initiatives, tax credits and international business development support for companies looking to expand operations in the state.
Highlights:
Illinois ranks number one in agricultural biosciences, is the largest soybean producer in North America, and is nationally ranked in the top five for chemical manufacturing, food processing, and plastics manufacturing.
The state's '5 Year Economic Plan' has created a roadmap for the state to build upon key industries like agribusiness, energy, IT, life sciences, manufacturing and transport.
Governor J.B. Pritzker has committed $420 million to a state-wide broadband initiative that will expand new business creation, create new job opportunities and make Illinois amongst the most forward-thinking states in the nation.
In the heartland of America, you will find the most diverse economy in the nation, a well-educated and experienced workforce, and a strategic central location with easy access to the entire United States and international markets.
Illinois, the 19thlargest economy in the world is home to 37 Fortune 500 companies, including Baxter Pharmaceuticals, Caterpillar, John Deere, McDonald's, and Motorola Solutions. Recognising the opportunities in this thriving and expanding ecosystem, tech giants like Google, Facebook, Uber, and Salesforce have all recently expanded their presence within the state. The state is a leader in several industries: ranking number one in agricultural biosciences, largest soybean producer in North America, and is nationally ranked in the top five for chemical manufacturing, food processing, and plastics manufacturing. As one of the most economically diverse states in the nation, companies of all industries will find their supply chains and target consumers in Illinois.
Indian companies are encouraged to consider Illinois for their North American expansion. Illinois is proud to be one of the most culturally and business diverse states in the nation having welcomed over 2,048 foreign firms. Chicago, Illinois' largest city, ranks number one amongst the largest metro areas in the US for new and expanding corporate locations, and the state ranks number three nationwide. 83 Indian firms have established in Illinois and have positively impacted the economy by employing over 8,000 residents in over 107 distinct locations.
Creating an environment where businesses can thrive is a top priority for Governor J.B. Pritzker, entrepreneur and founder of 1871, the Chicago-based incubator that was named the world's top private incubator at the 2019 World Incubation Summit in Doha, Qatar. His administration recently unveiled the state's '5 Year Economic Plan' that created a roadmap for the state to build upon six key industries that have large employment bases and are well-positioned to compete globally. These industries are: