Why Indianapolis is a Prime Destination for Business & Investment
A Thriving Hub for Business Growth
Indianapolis is more than just the Crossroads of America—it's a booming hub for business and investment. With a strategic location, a skilled workforce, and a low cost of doing business, Indy is attracting companies across industries, from advanced manufacturing and logistics to tech and life sciences.
If you’re considering expanding, relocating, or investing in a high-growth metro area, here’s why Indianapolis should be at the top of your list.
1. Prime Location & Unmatched Connectivity
Located within a day’s drive of over 75% of the U.S. population, Indianapolis offers an unparalleled advantage for businesses reliant on distribution, supply chain efficiency, and market access.
Top-ranked international airport: Indianapolis International Airport is consistently ranked among the best for cargo efficiency.
Rail & highway network: With direct access to multiple interstates (I-65, I-70, I-69, I-74), Indy makes moving goods and people easy.
Logistics powerhouse: Home to FedEx’s second-largest global hub, making it a prime location for e-commerce and distribution companies.
2. A Business-Friendly Climate with Competitive Costs
Compared to other major metro areas, Indianapolis offers a lower cost of doing business—from real estate to labor and taxes.
No local income tax on businesses
Lower commercial real estate costs compared to Chicago, New York, or Los Angeles
Tax incentives & grants available for businesses expanding in the city
Indiana ranks #1 in the Midwest for business climate (Chief Executive Magazine)
Companies looking to maximize profitability without sacrificing access to a thriving metro market will find Indy’s affordability hard to beat.
3. Strong & Growing Workforce
A business is only as strong as its workforce, and Indianapolis provides a deep talent pool across industries.
1.5 million people in the regional labor force
Access to top universities like Purdue, Indiana University, and Butler, ensuring a pipeline of skilled graduates
Major corporate headquarters attract and retain top talent, including Eli Lilly, Salesforce, Roche Diagnostics, Cummins, and Rolls-Royce
From tech startups to global manufacturers, businesses in Indy have access to a diverse, educated, and affordable workforce.
4. Booming Industries & Innovation Sectors
Indianapolis is home to several key industries experiencing rapid growth, making it a hotspot for investment and business expansion.
Tech & Innovation
Indy is one of the fastest-growing tech hubs in the Midwest, with companies like Salesforce, Infosys, and Zylo leading the way.
Indiana offers the Venture Capital Investment tax credit, making it attractive for tech startups and investors.
Life Sciences & Healthcare
Home to Eli Lilly, Roche Diagnostics, and IU Health, Indianapolis is a leader in pharmaceuticals, medical devices, and biotech.
Indiana ranks among the top five states for life sciences exports.
Advanced Manufacturing & Logistics
Indiana is the most manufacturing-intensive state in the U.S., producing everything from aerospace components to electric vehicles.
The region boasts Amazon fulfillment centers, FedEx, and multiple logistics hubs supporting nationwide distribution.
Sports & Tourism Economy
The Indy 500, NCAA headquarters, and multiple professional sports teams contribute billions annually to the local economy.
The Indiana Convention Center and downtown redevelopment continue to attract major conferences and events.
5. Development Incentives & Growth-Friendly Policies
Indianapolis supports business growth through incentives, tax credits, and workforce development programs.
Key Incentives for Businesses
✔ Indiana EDGE Tax Credit: For companies creating high-wage jobs
✔ Tax abatements for property & equipment investments
✔ Workforce training grants to help upskill employees
✔ Low corporate tax rate (one of the lowest in the country)
The city and state actively work to support new and expanding businesses, offering one of the most attractive economic climates in the nation.
Why Now is the Time to Invest in Indianapolis
With record-setting business expansions, affordable real estate, a growing workforce, and a business-friendly environment, Indianapolis is positioned for continued economic growth.
If you're looking to relocate, expand, or invest in a city that offers high value and long-term potential, Indy should be on your radar.
Ready to Explore Opportunities in Indianapolis?
Contact Indy Economic Development today to learn more about available sites, incentives, and resources to help your business succeed in Indy.