Obama, Modi to Address Top CEOs

NEW DELHI: While a big delegation of over 100 top business honchos including chiefs of American conglomerates - United Technologies, PepsiCo, and Honeywell have come with President Barack Obama, the Indian side is being led by young Cyrus Mistry, Chairman of Tata Sons.

President Obama will address the gathering of top corporate honchos from both India and the US jointly with Prime Minister Modi.

Official sources said, “The US has asked for 150 passes. CEOs of JP Morgan Chase, McGraw Hill, MasterCard, PepsiCo and Honeywell, will be accompanying Obama.” Both the Indian and US companies are scheduled to make short addresses to the two leaders. Thereafter, they will address the gathering.

Mukesh Ambani, CMD of RIL; Sunil Mittal of Bharati Enterprises and ICICI Bank CEO Chanda Kochar continues on the Forum, while former Infosys CEO S Gopalakrishnan has been replaced by Vishal Sikka.

Representing the Indian PSUs, will be ONGC CMD Dinesh Sarraf; Gautam Adani, chairman of Adani Group. They would be attending the joint address. So will the SBI Chairman Arundhati Bhattacharya and BHEL head B Prasada Rao.

It also include Adani Group head Gautam Adani, Shashi Ruia of Essar, M&M Chairman Anand Mahindra, Hari Bhartia of Jubilant, Biocon CMD Kiran Mazumdar-Shaw and Sudhir Mehta of Torrent Pharma. They are all part of the 17-member forum. ONGC CMD Dinesh K Sarraf and the US team includes Indira Nooyi of Pepsico, Harold McGraw, Chairman McGraw Hill Financial and Ajay Banga, CEO Mastercard.

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