The grounding has been a "frustrating experience," McNerney told a US Chamber of Commerce aviation summit.
Boeing sticks with lithium-ion battery despite issues.
Schwab, 54, will serve on the audit and finance committees.
Aviation major Boeing has received federal approval to its plan to test the battery system of its 'Dreamliner' planes, which were grounded early this year after a fire in one of the aircraft due to fault in the battery system.
'India as a market is broader than most, with eight or nine major customers and the defence business which is now open.'
Several members of Congress are confirmed to be in attendance for the Prime Minister's address to a diverse crowd of 18,500 people.