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Indian Company To Bring 500 New Jobs To Indiana

AXISCADES says it will build its North American headquarters in Indiana, but hasn't said where it plans to locate.

BANGALORE, India -- More than 500 new jobs are coming to Indiana over the next six years thanks to AXISCADES from India.

The engineering company based out of Bangalore, India says it plans to build its North American headquarters in Indiana, create up to 500 jobs by the end of 2023 and invest more than $10 million over the next five years.

The company has not said where the company plans to locate within the state, but a decision is expected by the end of the year.  AXISCADES plans to begin business operations in Indiana by April 2018.

AXISCADES is a provider of product engineering solutions to aerospace, defense, heavy engineering, automotive, energy, medical and health care companies including General Electric, Caterpillar and Airbus.

Indiana Governor Eric Holcomb is on a economic development trip to India and says being able to negotiate the terms of the deal with AXISCADES in person were helpful to attracting the company to Indiana.

"[I] can't wait to come home and help AXISCADES grow their company.  To know it's going to be on Hoosier soil, it just doesn't get any better than that," says Gov. Holcomb in an interview with Inside Indiana Business.

 

Photo courtesy of Inside Indiana Business

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