Another India-Based Company is Coming to Indiana, with Plans to Hire 500 Engineers

URLhttps://www.indystar.com/story/news/2017/11/02/ano
SourceIndyStar
Date Published11/02/2017
Author NameTony Cook
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AXISCADES
Type of work IT
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):10
Country(ies) from which reshored:India
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Transportation Equipment
Product(s) reshoredTech Solutions for Transportation and Medical
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:4.3 million
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