The Indianapolis area could see exports rise if a plan released Feb. 21 succeeds.
Local companies need further investment in export infrastructure and help in learning how to export, according to an Indy Chamber survey. The area also needs rebranding as an international export hub, it said.
Indianapolis was among nine metro areas taking part in an export push by The Brookings Institution think tank and financial giant JPMorgan Chase.
As part of the Global Cities Initiative, the survey found strong exports in local life sciences and advanced manufacturing. Newer and growing industries that generate licenses and royalties and could benefit from exporting include information technology, professional services and chemicals.
Quickly rising export markets for the local companies are Brazil, Russia, India, China and South Africa.•