Headlines
17 Indian CEOs to meet their US counterparts on Jan 26
The Narendra Modi-led National Democratic Aliiance government is all set
to showcase leading lights of India Inc led by Tata Group chairman
Cyrus Mistry before top business honchos of the US at the India-US CEO
Forum Jan 26.
There will be 17 Indian chief executive officers
(CEO) who will participate in this meeting, according to business
chamber sources here. These include, Mukesh Ambani, chairman and
managing director (CMD), Reliance Industries Ltd; Gautam Adani,
chairman, Adani Group; Sunil Bhari Mittal, chairman and group CEO,
Bharti Entreprises; Sashi Ruia, chairman, Essar Group; Hari S Bhartia,
co-chairman and MD, Jubilant Life Sciences; and Kiran Mazumdar Shaw,
CMD, Biocon.
Among others are Anand Mahindra, CMD, Mahindra and
Mahindra; Deepak Parekh, chairman, HDFC; Chanda Kochar, CEO and MD,
ICICI Bank; Arundhati Bhattacharya, chairman, State Bank of India;
Vishal Sikka, CEO & MD, Infosys; B Prasada Rao, CMD, Bharat Heavy
Electricals Limited; Sudhir Mehta, chairman emeritus, Torrent
Pharmaceuticals; Preetha Reddy, executive chairperson, Apollo Hospitals
Entreprises; Anurag Kumar, director, Indian Institute of Science,
Bangalore; and D.K. Saraff, CMD, ONGC.
Industry sources said
historically an equal number of CEOs would be participating from the
counterpart country and in this case also it is expected that 17 CEOs
will participate from the US.
US President Barack Obama and Prime Minister Modi will also meet the forum.
It
is expected that Honeywell International Chairman and CEO Dave Cote
will lead the US CEOs team, which will have big names like Indra Nooyi,
chairperson and CEO, PepsiCo, and Ajay Banga, CEO, Mastercard, among
others.
Apart from the Forum, there will be another meeting --
the US-India Business Summit -- where almost 250 Indian business leaders
will participate to meet their US counterpart. The US-India Business
Council (USIBC) along with India’s Department of Industrial Policy &
Promotion (DIPP), the Confederation of Indian Industry (CII) and the
Federation of Indian Chambers of Commerce & Industry (FICCI) are
playing a key role in organising this meeting.
USIBC acting
president Diane Farrell earlier said: “With business sentiment at an
all-time high, the timing could not be better. We see both countries
working earnestly and with a firm resolve towards achieving $500 billion
in two-way trade over the next five years.â€