NRI bizman named member of Texas product development board

first_imgNew Delhi, Apr 3 (PTI) Arun Agarwal, head of leading US-based home textile company Nextt, has been appointed as a member of a board to stimulate the development of small businesses in Texas.Texas Governor Greg Abbott named Agarwal to the Product Development and Small Business Incubator Board for a term which will expire on February 1, 2019, the first Indian American to be appointed to the key post.Agarwal says the board will be aiding in the development of products in the areas of business that are most successful for Texas and have had the most commercial success like nanotechnology, biotechnology, renewable energy, agriculture, biomedicine and aerospace.”With my company headquarters being based in Texas, being able to stimulate the economy by being a part of such a board which has a key initiative to aid in the success of these small businesses is very important to us as a company. These small businesses are the future of the state and the nation,” the Nextt CEO told PTI.He says his priority as a member of the board is to ensure that the development of small businesses in the State continues to be stimulated as they are a vital part of the economy.”Being able to assist in providing loans that foster the development of products and businesses that will go on to have great commercial success which in return will provide job creation and job retention in the state is very significant to me and my company,” he says. (MORE) PTI ZMN ANSadvertisementlast_img read more