United States President Barack Obama started his second day of his three-day India visit by celebrating the 66th Republic Day of the nation, after which he along with Indian Prime Minister Narendra Modi will jointly address India-US CEO Forum meeting later on Monday.
The CEO meeting will focus largely on Modi's "Make in India" campaign, an effort by Modi to make India a hub for global manufacturing, design and innovation. Trade and economic issues, including visas, the totalisation agreement and impediments hampering investments will also be discussed during the meeting.
Union Finance Minister Arun Jaitley and Commerce & Industry Minister Nirmala Sitharaman are likely to attend the meeting, which will be co-chaired by Cyrus Mistry of Tata Sons and David M Cote from Honeywell, according to PTI report.
Several high-profile members of government and corporate sectors of India are also expected in this meeting.
Reliance Industries Chairman Mukesh Ambani, Reliance Group Chairman Anil Ambani, Infosys CEO Vishal Sikka, Bharti Enterprises chief Sunil Mittal, ICICI Bank MD & CEO Chanda Kochhar, State Bank of India Chairman Arundhati Bhattacharya, Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Dinesh K Sarraf and BHEL head B Prasada Rao are among those expected to attend the CEO Forum meeting.
Adani Group head Gautam Adani, Essar Group Chairman Shashi Ruia, Mahindra & Mahindra Chairman Anand Mahindra, Managing Director of Jubilant Life Sciences Hari Bhartia, Biocon Chairman and MD Kiran Mazumdar-Shaw are also part of the 17-member Forum.
Those who are representing the companies from the United States include Indira Nooyi of Pepsico, Chairman of McGraw Hill Financial Harold McGraw and CEO of Mastercard Ajay Banga.