Course summary
Doing Business in Jalisco Guadalajara:
Jalisco is the seventh largest state in Mexico, its capital city is
Guadalajara. Jalisco share borders with the states of Nayarit, Zacatecas,
Aguascalientes, San Luis Potosí, Guanajuato, Colima and Michoacán with 342km of
coastline on the Pacific Ocean to the west. As of 2010, the state population is
7,350,682, the fourth most populated state in Mexico, with 6.5% of Mexico’s
total population.
The economy of the state accounts for 6.3% of Mexico’s GDP. It is ranked
third in socioeconomic indicators behind Nuevo León and the Federal District of
Mexico City.
Jalisco Ministry of Economic Promotion raised their expectations for this year
and are planning to attract US$2.318 billion in investment to the State,
US$67 million more than in 2009. Only electronics industry is expecting
investments for US$300 million this year, above the US$101 million invested by
the sector last year.
Having the second largest GDP ($39.13 billion) in Mexico and a 22 year-old
average 6.9 million population, the Guadalajara Metropolitan Area
provides access to one of the most developed economies within Mexico. Main
sectors of the economy of Guadalajara are: electronics manufacturing,
ITO-BPO/software development, embedded design, multimedia, automotive and
aerospace. In 2011, exports of the electronics industry could exceed the
record level registered in 2008, when they were 17 thousand 700 million dollars.
As Mexico has shifted into high value added engineering operations, Guadalajara
has become known as Mexico's “Silicon Valley” and taken the lead in terms
of Electronic Design, opening R&D centers for global and local companies with
complete product development.
Guadalajara ranks in the top five in all major FDI reports of Latin American
locations in the vertical of high tech. The aerospace industry in Guadalajara is
one of the sectors with fastest growth over the past 5 years.
Founded in 1987 by the University of Guadalajara, the Guadalajara
International Book Fair (FIL) is the largest market in the world for Spanish
language publications. FIL represents over $330 million dollars of economic flow
to the city of Guadalajara.
Example of the course Doing Business in Jalisco Guadalajara
(Mexico):
Kaxan Media Group is a company formed by
more than 100 people, focused on intellectual
property development, mainly through films, animated
series and video games. Taco Master, the creation of
Mexican company Kaxan Games, is the world's most
downloaded iPad application.
The Arion Group was born from the strategic alliance between Advanced
Technology Research, S.A. de C.V., a company dedicated among other things, to
the design and development of digital jukeboxes, and Consorcio Global, S.A. de
C.V., a jukebox operator and commercializes.
Sources: Gobierno de Jalisco and Gobierno de Mexico
International Business
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