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.
I seem to recall something about accounting problems.
Yeah. Obama talks a lot about jobs that's for damn sure.
Enron was counting on income before it arrived.
They had a major investment in India before India simply walked away. Bubba went back a couple of time to get India back in the deal but no deal.
Don’t they know that business men could die of DNC business trips?
So the collapse of Enron had nothing to do with any sort of accounting scandal? Seriously?
This is a good thing
Business is done by individuals, not companies.
The opportunity to meet and greet and exchange cards in such a setting is incalculably advantageous.
This mission is perhaps the only thing Obama has done that I approve of.
Those here who are ignorant of world trade and how it is conducted will dis the mission but are wrong
It is impossible to calculate the volume of business generated by this trade mission.
Some one in the Department of Commerce is really on the ball and drug the President along for window dressing
No not seriously. Just that there were more factors than the media wanted us to believe.
Can you possibly imagine the media wanting to construct it’s own reality so it could blame GW Bush???
Or buying friends.
Originally I was concerned that Obama, his family, his entire office, over one thousand SS and FBI and more than 20 CEOs were accompanying him.
I now think it was a training exercise to provide practice to the domestic security forces and the military. They are debugging their procedures and waiting for the day when they need to move the Executive Office offshore.
That day might be when Israel makes its move.
I wonder if all these people are paying their own way
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