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200 top American CEOs coming with Obama (on trip to India)
Economic Times India ^ | 11-03-2010 | Times India

Posted on 11/03/2010 6:22:02 AM PDT by autumnraine

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.


TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: american; ceos; corporatesocialism; cultureofcorruption; india; indialabor; obama; obamaindiatrip; obamasarmada; offshoreworkers; top
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To: ExTexasRedhead
Selling jobs to India? Exactly what I was thinking. That way he can convince himself that he's a hero SOMEWHERE.
41 posted on 11/03/2010 6:48:29 AM PDT by NEMDF
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To: autumnraine

bttt


42 posted on 11/03/2010 6:49:43 AM PDT by Thank You Rush
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To: autumnraine

I guess they are looking for yet more ways to sell us out.

The unemployment rate must not be high enough for their liking.


43 posted on 11/03/2010 6:49:55 AM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: NEMDF

I hope the CEOs are going on their own dime, but you probably couldn’t get an accurate accounting of the whole thing anyway. I wonder if any of my tax dollars will end up paying for the end of my job on these shores? Nice of everybody to get together and work so nicely at selling us out, though. They sure pull together when it benefits them.


44 posted on 11/03/2010 6:50:33 AM PDT by Wolfie
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To: ExTexasRedhead

Our government creating jobs in India....spreading the wealth around. The insanity! 200 of our company leaders there with BO...traitors!


45 posted on 11/03/2010 6:51:04 AM PDT by caww
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To: autumnraine

wtf


46 posted on 11/03/2010 6:52:22 AM PDT by phockthis
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To: autumnraine

“what we have to do to create jobs, (in India) to grow our exports, to ensure (and) that it just doesn’t fall on American consumers to drive world demand.”

Go figure! American people would be quite happy to drive world demand! Absolute Traitors!


47 posted on 11/03/2010 6:53:37 AM PDT by caww
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To: autumnraine
What the hell is the supposed purpose for this trip?

It's getting more bizarre by the hour and the GOP needs to start beating the commie bum over the head for over the cost of this bizarre and lavish overseas circle jerk.

48 posted on 11/03/2010 6:54:08 AM PDT by upstanding
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To: autumnraine

We’ll now we know where all our money is going to.


49 posted on 11/03/2010 6:57:15 AM PDT by coconut47
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To: autumnraine

Maybe some of them intend to ask for asylum. :)


50 posted on 11/03/2010 7:01:39 AM PDT by Mr. Jeeves ( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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To: autumnraine

I am not liking this.


51 posted on 11/03/2010 7:02:51 AM PDT by dforest
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To: autumnraine
” 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.”

Ok, this puts a different spin on the size of this trip, the number of rooms and the 40 airplanes.
India is a huge trading partner for us and very important strategic partner.
Early news items indicated the trip was just a vacation junket for Obama.

It still seems like a lot of excess however.

52 posted on 11/03/2010 7:08:03 AM PDT by HereInTheHeartland (Vote like Obama is on the ballot)
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To: autumnraine
To prove his sincerity, Zero shoulda booked here versus the posh lodgings he's taken over:

He'd lock up the vast Patel constituency.

53 posted on 11/03/2010 7:08:45 AM PDT by ErnBatavia (It's not the Obama Administration....it's the "Obama Regime".)
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To: ExTexasRedhead

More likely an Obababa hosted trip so big USA companies can outsource more American jobs.


54 posted on 11/03/2010 7:10:36 AM PDT by OldArmy52 (Obama & the "Dem Party" have proved America is ready for Fascism/Socialism.)
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To: autumnraine; 444Flyer; Armaggedon; Yehuda

Will the CEOs be on the plane with the Yemenite cargo? Will theirs be the plane that flies into a mountain (shades of Ron Brown)? Did they all pay handsomely for their seats, in order to escape a cataclysmic domestic event?

This is so spooky that one can only hope it is *merely* another of Obama’s “up yours, America” vacations.


55 posted on 11/03/2010 7:11:13 AM PDT by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: ExTexasRedhead
Selling jobs to India?

More of a gift, since selling means we'd get paid.

Barry would have gifted the American economy to Africa if he could have, but India is Higher Yellow.

It's all about social-justice-based-on-skin-color now.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

56 posted on 11/03/2010 7:48:42 AM PDT by The Comedian (I really missed you. Next time, I'll adjust for windage.)
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To: autumnraine

About as clear a picture of fascism as one can get today....


57 posted on 11/03/2010 7:51:21 AM PDT by mo
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To: autumnraine

A pointless endeavor in crony capitalism. Obama is the first truly anti-capitalist President we’ve ever had. He’s sponsoring this extravaganza so we can sell more Pepsis to India? Our country is so far in debt to other countries, that I would venture to say we’ve lost our great power status.


58 posted on 11/03/2010 7:55:02 AM PDT by popdonnelly (Class warfare is Obama's thing.)
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To: autumnraine

How do you union troglodytes like your guy now?


59 posted on 11/03/2010 8:00:07 AM PDT by Psalm 144
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To: autumnraine

Boehner needs to come out ASAP and criticize this $200 million/day trip as out-of-touch. Are we really going to get $2 billion in new business from it? How many tens of billions in outsourcing will result? Disgraceful. this makes Michelle’s Spain trip look like a weekend at a Motel 6.


60 posted on 11/03/2010 8:00:40 AM PDT by montag813
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