Washington, Nov 21: The US-India Business Council (USIBC) has announced the appointment of Indra K Nooyi, chairperson and chief executive officer of PepsiCo, to its Board of Directors.
''Ms Nooyi is a distinguished business leader who will be a wonderful addition to our Board of Directors,'' said Council Chairman Charles Kaye.
''As the chief executive of a corporation spanning nearly 200 countries, she brings a unique and highly-valuable perspective to the US-India Business Council.'' PepsiCo, the world's second largest food and beverage company, is a Chairman's Circle member of USIBC, the highest level of membership. The company is a longtime supporter of expanding business ties between the US and India and works actively to strengthen the two countries' commercial relations.
PepsiCo's involvement with USIBC goes back to the late 1980s, when PepsiCo cofounder and former Chairman and CEO Don Kendall chaired the Council and worked to promote economic liberalisation of India.
PepsiCo has been doing business in India since 1989 and today offers Indian consumers a broad range of beverages and foods.
The company and its partners have invested more than 700 million dollars in India to build businesses that provide direct or indirect employment for more than 60,000 people.
A Council press release says PepsiCo also has been an active supporter of Indian agriculture, working in partnership with thousands of farmers in Punjab and other states to refine their farming techniques and significantly improve their yields. The company also supports a range of social and environmental programmes in Indian communities.