The bill establishes the New Jersey-India Commission, aimed at enhancing trade, investment, and cultural exchanges between New Jersey and India. The commission will consist of 35 to 45 members appointed by the Governor, who will also select a chairperson from among the members. All members will serve without compensation, and the Department of State will provide necessary staff support. The commission's primary objectives include advancing bilateral trade, encouraging mutual economic support, promoting cultural and educational exchanges, and addressing policy issues of mutual interest.

The commission will operate in an advisory capacity, providing guidance to the Governor and other executive branch agencies. It is required to submit an annual report to the Governor and the Legislature, which will also be made available on the Department of State's website. The establishment of this commission reflects New Jersey's commitment to fostering its relationship with India, particularly in light of the significant contributions of the Indian-American community and the economic ties that have been strengthened through recent trade missions.