She interacted with the media following the 33rd anniversary summit of the US-India Business Council, of which she took charge as the new chairman. She is also the first woman to head this organisation which now boasts of more than 280 members, including a majority of Fortune 500 companies. Nooyi said, "India is one of our most important markets. We have discussions going on a bilateral investment trade agreement."

Lauding the efforts of Kamal Nath, Minister of Commerce and Industry, Nooyi said, "If you work with Kamal Nath for example, he actually gets things done in the Ministry and things do happen, and we've made enormous commitment to India as have most of the other consumer product companies we work with."

She said that consequently, "Doing business in India has been relatively easy. I mean, it's all relative, because it's relative to other developing and emerging markets, who all have their issues."

Nooyi said that "India has been growing at 20-30 percent a year for all of us. So, we actually like doing business in India and all the other CEOs I talk to, feel exactly the same way."