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The economy of Indiana is diversified and robust, with industries ranging from agriculture, manufacturing, healthcare, and technology. It is known for being a major automotive manufacturing hub in the United States, with significant investments from companies such as Toyota and Honda. The state's agriculture sector produces crops such as corn, soybeans, and wheat, and it is also home to some of the top-ranked universities and research institutions, including Purdue University and Indiana University, which contribute to the growth of the technology industry. The low tax rates and business-friendly policies of the state make it an attractive location for businesses to operate and grow.