Indra Nooyi sees great growth, hurdles for India

PepsiCo Inc Chairman and Chief Executive Indra Nooyi has a clear message for - improve your infrastructure, work force and sanitation, attract more foreign investment, and develop faster.

At a panel discussion on Tuesday evening hosted by the Yale-India Initiative, Nooyi said it was tough for her to talk about India, since she has "one foot there and one foot here."

She called India a "must-invest" market, citing its demographics, ample work force and pace of innovation.

"We see a growth market for the next 50 years at least, which is not the case in many of the other markets we participate in," said Nooyi, the highest-ranking Indian-born woman in corporate America. "We are in India for the long haul."

Image: Nooyi seen here with Prime Minister of India Manmohan Singh at the US Chamber of Commerce in Washington in this November 23, 2009 file photo.

Reuters Images

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