Pepsico, Citigroup CEOs Among 200 Biz Leaders to Meet With Obama in India

If the business community is so angry with President Barack Obama, then why have some 200 business leaders traveled to India with him after so many claim he is "anti-business"?

According to the White House and several published news reports, about 200 business executives from America's largest corporations, as well as some small and midsized enterprises, will meet with Obama in Mumbai, India on Saturday, to discuss a number of issues central to international trade between the U.S. and India.

Prominent CEOs expected on the trip include Indra Nooyi of Pepsico (PEP), Vikram Pandit of Citigroup (C), Boeing Co.'s (BA) Jim McNerney, Louis Chênevert of United Technologies Corp. (UTX), Honeywell International Inc.'s (HON) David Cote, General Electric Co.'s Jeffrey Immelt (GE) and Terry McGraw of the McGraw Hill Companies (MHP).

The business leaders are traveling with the president to put themselves in position to acquire some of the lucrative trade opportunities between the U.S. and India that have already reached more than $32 billion during the first eight months of 2010. By year's end, trade between the two nations should easily top the $37 billion that the commerce department reported for all of 2009 – more than double the level of trade in 2003.

By the end of the trip, maybe Obama will have doubled the number of allies he has in the business community.

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jjamesnaasjc1

The American taxpayer paid for this trip, cost over 100 million, and you know why the CEO's went, to set up deals to outsource more American job's. This administration couldnt care less about the USA, all they want to do is put more money in there pockets at our expense

November 07 2010 at 10:10 PM Report abuse rate up rate down Reply
carolyn

I don't understand how Obama going to Asia is going to create jobs here in America. I think he just wants another vacation before he's out of office. Think we should impeach him before he screws us more.

November 07 2010 at 9:37 PM Report abuse -1 rate up rate down Reply
danabnnc

Is Obama gone yet:-)

November 07 2010 at 8:27 PM Report abuse -2 rate up rate down Reply
Susan Harris

what a ridiculous article. Why does Jeffrey Immelt need to go physically to India? who is paying his tab for making more business for himself and his company? the taxpayers? this is all smoke and mirrors and more badly thought out misconduct. How could this administration do nothing for business in two years and arrive in India and magically have billion dollar deals? The Indians refused to fax over contracts until the president arrived with an entourage? this is absolute nonsense. Let him go back to arranging folding chairs in a church basement and passing out the bug juice. He's a joke.

November 07 2010 at 6:04 PM Report abuse +2 rate up rate down Reply
iwenred

WE GAVE OUR JOBS TO INDIA IN THE FIRST PLACES DIDN'T WE? THINK ABOUT IT WHEN YOU MAKE A CALL FOR SOMETHING GUESS WHO ANSWERS.

November 07 2010 at 6:01 PM Report abuse +5 rate up rate down Reply
badgerburg

It sounds like this trip is a political joke.

November 07 2010 at 4:26 PM Report abuse +3 rate up rate down Reply
SWEETHEART

who is paying for the trip to india

November 07 2010 at 3:58 PM Report abuse +3 rate up rate down Reply
mobildj50

Think the writer is biased. How do you like that opening.

November 07 2010 at 2:54 PM Report abuse +1 rate up rate down Reply
lymeonerock

India Indonesia South korea Japan r all democracies and the G20 will b held in korea not to mention the Asia Pacific summit in Japan On MOnday Robert Gates will visit Australia largely to increase military presence in the pacific There is a soft war going on in the south China sea to anyone who actually pays attention.

November 07 2010 at 2:44 PM Report abuse +3 rate up rate down Reply
lymeonerock

Mother Theresa's Church could have definately used a presidential visit It would have made a world of difference to the sisters and nuns that have essentially laid down their life for the faith !!!!!!!

November 07 2010 at 2:40 PM Report abuse +3 rate up rate down Reply