Indian-American appointed to Texas Economic Development Corporation’s board of directors


Arun Agarwal, CEO of Dallas-based, home textile company NEXTT, has been appointed to the Texas Economic Development Corporation’s (TxEDC) Board of Directors this week. Governor Greg Abott chose Agarwal, along with eight other Texas execs, to market the state nationally and across the world as a place to relocate a business and create new jobs.

“This is a tremendous honor for the Indian-American diaspora in the United States,” said Agarwal, who also serves as the chair of the India American CEO Council and president of the Dallas Parks and Recreation Board. “The Governor realizes the tremendous power our community holds in this country as the hardest-working, highest-earning ethnic minority, and, together, we hope to make Texas the most successful hub for small and large business owners in the world.”

Abbot said, “Their efforts will be instrumental in amplifying the success of TxEDC in promoting Texas as a premier business destination.”

Agarwal, who has business interests in textiles, cotton trading and real estate, is a board member of the U.S. India Friendship Council, Executive Board UT Dallas, Texas Tech Innovation HUB at Research Park, Big Brothers Big Sisters International and MD Anderson Board of Visitors. He is also a volunteer for CHETNA and the Living Dreams Foundation. Agarwal received a Master’s in Business Administration from IMT – Ghaziabad, a Master’s in Computer Information Systems from Southern New Hampshire University and an Advanced Certificate in International Business from Harvard University.

Terms for the nine appointments made to the TxEDC Board of Directors will expire at the pleasure of the Governor. The corporation is the private side of a public-private partnership with the Governor’s Office of Economic Development & Tourism tasked with marketing Texas, domestically and globally, as the best state for business.

“Even though the Lone Star State has enjoyed a strong track record of economic success for more than a decade, TxEDC and its board will be looking for new, cutting-edge ways to promote Texas as the premier location for business,” said Robert Allen, president and CEO of the Texas EDC.