Obama to address U.S. business leaders in India

By siliconindia   |   Tuesday, 26 October 2010, 19:21 IST
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Bangalore: White house said recently that the U.S. President Barack Obama will meet the top U.S. business leaders like Boeing Co's Jim McNerney, Honeywell International’s David Cote and General Electric 's Jeffrey Immelt during his trip to India. The president, as well as U.S. Commerce Secretary Gary Locke, will speak at a U.S. - India Business Council event on Novemebr 6 in Mumbai, dedicating the start of Obama's first visit to India to promoting better commercial links and trade. The council says more than 200 U.S. companies will attend the Mumbai event, representing a major delegation from American business that reflects the importance of India. "A strong and rising, economically powerful India is a great American opportunity for the creation of jobs here at home," said Ron Somers, President of the U.S. - India Business Council. One of the key issues Obama wants to emphasize during his visit is U.S. exports, which he has pledged to double within five years as a way to boost domestic growth and job creation.