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.
This incompetent clown needs to be impeached right now for malfeasance! This is an outrage!!
Republican donors.
Not invited.
Searching for office space I guess
I haven’t drank a Pepsi in over 40 years, it just wasn’t that is tastes like crap but they have always marketed toward a liberal crowd, and now I am justified.
I also go out of my way no to buy any Pepsico brand.
Okay, what does the new Speaker of the House, John Boehner have to say about this? Like he said, no celebrating, get the sleeves rolled up, and get to work. DON’T fund this trip! Sure the people of India would love to have Pepsi. But Americans can make it.
Start today and let the people of America know that you truly are listening, Mr. Speaker!
Have these CEO’s signed a pact with the Devil?
Business and Government are now intricately intertwined. Where I come from, we call that 'Fascism.'
200 of the top US CEOs all going to India with America’s top tyrant. This is a dumb move. It is altogether too dangerous for that many business leaders to expose themselves to potential harm from our enemies.
Were I a CEO, I would publicly refuse to go ANYWHERE with this communist jackwagon.
It is unlawful in India to close an unprofitable factory or to fire a bad worker. A foreign investor would be crazy to open a plant in India because of the labor laws. This is why India fails miserably compared to China in exports.
Under Indian labor laws, a 'worker' is legally distinct from an 'employee'. Workers do manufacturing or other manual labor. Employees work in offices. Employees are generally exempt from the job-for-life labor laws that workers get. So the only thing India exports competitively are services and brainpower, such as phone centers and software development.
That's why there are so many call centers in India.
They better do this.
What???????
Start today and let the people of America know that you truly are listening, Mr. Speaker!
Uh...one little problem. He's not the Speaker yet, nor does he have a majority in the House. He can certainly speak out against it, but he can't defund anything until January.
the American Holocaust, initiated by Barak Hussein Obama
This is obscene and outrageous! The Imam is destroying American jobs and sucking off the American taxpayers. Anyone in DC objecting loudly?
what....no UNION leaders?
I have to admit, I’m wondering the same thing and considering heading out of here this weekend for a 10 day trip to our vacation home outside the US.
Okay, what does the new Speaker of the House, John Boehner
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He won’t say a word and he will be a disaster. He’s too weak.
Obama and his evil allies, “big corporations.”
Keep in mind India’s last minute reneging on an Enron deal that bubba brokered.
It put the nail in Enron’s coffin. They had spent untold amounts of money on the deal and India simply walked away.
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