Analysts say the more concrete results may come from corporate not government meetings. The chief executives accompanying Mr. Obama will include Jeffrey R. Immelt of General Electric and Indra K. Nooyi the Indian-born head of PepsiCo. They will meet with the likes of Ratan Tata chairman of the multinational conglomerate Tata Group and Mukesh Ambani head of India’s biggest company Reliance Industries.
Various events will also give executives from smaller companies a chance to mingle.
“The most immediate benefit of the visit could be that another group of American industry executives become aware of the India opportunity” said one of the scheduled attendees Gunjan Bagla the managing director of Amritt Inc which advises American companies coming to India.
Trade and investment between the countries has grown sharply since the Indian government began easing state control of its economy in 1991.
Last updated: July 9th, 2024
