ID :
176185
Mon, 04/18/2011 - 14:54
Auther :

US needs blue print like China to bring back jobs: Indra Nooyi

Lalit K Jha
Washington, Apr 18 (PTI) India-born, Pepsico Chief Indra
Nooyi has said that the United States should follow the
example of China, which follows a multi-generation blue print
to steer its industrial development.
Nooyi was speaking about the need to reindustrialise the
US economy at Fareed Zakaria's Sunday talk show on CNN.
"I think the first step is to create a blueprint for the
country...I don't know if in the history of our country, we
have ever created a blueprint; 50 to 100-year blueprint. China
has done it for China."
"How do we create a multi generational blueprint focussed
on reindustrializing the country? I think we have to do it and
I think there are a lot of people who will contribute to that,
" Nooyi said.
According to the Pepsico Chief, the country's political
establishment along with retired CEOs and C Suit executives
can help author the blueprint for the country's future.
"It has got to focus on energy efficiency, you know,
reducing energy dependence, it's got to focus on many, many
aspects of what makes a great economy," she said.
Nooyi said that while developing such blue print could
take two years, the government could implement short-term
programmes to bring people back to work, which also required
some creativity.
"The medical system in the United States is among the
best in the world, if not the best. What if we were to make
the United States a medical destination? That would bring a
lot of people here because there are a lot of sick people
around the world," she said.
"It will fill up our hospitals, increase the utilisation.
It will build a whole industry around it... I think there are
so many creative ideas, but we have to mobilize the right
people and start work," Nooyi said.
She said the time had come for Republican and Democrats
to close their ranks and the (US) President to force these
coalitions.
"I don't know if you can do it with an election year
coming up, but I think people can put their differences aside
and worry about the country. I think they can do it," she
said.

X