Arun Agarwal Named Chairman of Texas Economic Development Corporation

Texas Governor Greg Abbott has appointed Indian-American entrepreneur Arun Agarwal as chairman of the Texas Economic Development Corporation (TEDC). This move emphasizes Texas’s dedication to diversity and Indian American leadership in economic roles. Agarwal, CEO of Nextt, has a broad business portfolio and international experience, enhancing Texas's global economic standing.

Texas Governor Greg Abbott has appointed Dallas-based Indian-American entrepreneur Arun Agarwal as the chairman of the Texas Economic Development Corporation's (TEDC) board of directors. TEDC, a crucial public-private partnership with the Governor's Office of Economic Development and Tourism, is responsible for marketing Texas as the top US state for business.

The Governor's office stated that this appointment underscores Texas's commitment to diversity and spotlighting Indian American leaders in significant economic roles. Agarwal's vast experience in business, philanthropy, and international relations is expected to amplify Texas's reputation as a global economic powerhouse.

As CEO of Nextt, Agarwal heads a diverse portfolio, including textiles, cotton trading, real estate, and sports management. He is also the chairman of the National Cricket League (NCL), USA, and co-chair of the Indian American CEO Council. Agarwal also holds roles in several prestigious organizations and possesses advanced degrees from institutions like Harvard University.

Agarwal expressed his honor at taking on this role, looking forward to leveraging Texas's diverse talent and global connections to drive economic growth. Recently, he led a successful delegation trip to India with Governor Abbott, strengthening economic ties between Texas and India. In his new role, Agarwal will be pivotal in advancing Governor Abbott's vision of making Texas a global economic leader.

(With inputs from agencies.)