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200 top American CEOs coming with Obama

devd

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WASHINGTON: With trade high on his agenda, some 200 odd top US business chiefs, including soft drink giant Pepsico's India-born CEO Indra Nooyi , are expected to join US President Barack Obama on his India visit next month.

Also expected are Honeywell CEO David M Cote, who co-chairs the India-US CEO Forum with Tata group chairman Ratan Tata .

So is Terry McGraw, CEO of leading publishing house McGraw Hill, who took over from Nooyi as the chairman of the US Indian Business Council , representing 300 top US companies last June.

Two more of 12 US forum members, Louis Chênevert, CEO of aerospace major United Technologies Corp, and Ellen Kullman, chief executive of chemicals giant DuPont , may also be joining.

But there is no word yet whether Citigroup's Indian-American CEO Vikram Pandit is going.

Andrew Liveris, Chairman, CEO and President of The Dow Chemical Company had skipped last June's forum meeting here at the height of Bhopal gas leakage controversy and it's not known whether he would give Delhi a miss too.

Only last week underscoring the "significance" of the "important economic relationship" with India, Obama's Press Secretary Robert Gibbs voiced the US hope of getting "some tangible results" from Obama's India visit.

Describing it as "an important economic relationship," he also made clear that Obama will talk a lot about "what we have to do to create jobs, to grow our exports, to ensure (and) that it just doesn't fall on American consumers to drive world demand."

"That's a lot of what you'll hear the President talk about on that trip, and we'll hopefully have some tangible results from it," Gibbs said.

US Commerce Secretary Gary Locke , who would be accompanying the president, also told a medical technology conference that "trade is high on the agenda" in New Delhi.

And to get Washington and Delhi to "catch up to the business and innovation cooperation that is already happening in New York and Mumbai," as Secretary of State Hillary Clinton put it, the CEO Forum has recommended several "interesting and ambitious ideas" in four core areas of infrastructure; clean energy; education and e-health/biotechnology.

200 top American CEOs coming with Obama - The Economic Times

---------- Post added at 06:31 PM ---------- Previous post was at 06:30 PM ----------

Good for Indian economy.:yahoo:
 
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while obama is desperate fro $10 bn deal, i must say indai should play the card of nuclear deal burden, i mean the burden n blame of any nuclear accident falling on supplier..go for it n save ur population!
 
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india is playing extremely well....for the mcra deal. GOI is increasing the % of materials, which need to purchase for the maufacturing of planes from 30 to 70 % from indian domestic market.
 
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