Tata Sons Chairman N Chandrasekaran has been appointed as the Chair of Business 20 (B20) India by the central government.
Tata Sons Chairman, N Chandrasekaran said, “As India commences its leadership of B20 amid multiple global developments and transformations, the participation of businesses in global economic decision-making has never been more critical.”
“We believe that a renewed strategy for businesses to strengthen global collaborations will foster economic stability, progress, and growth that is inclusive and sustainable”, N Chandrasekaran added.
N Chandrasekaran further added, “B20 India will take forward the global B20 agenda for equitable development and highlight solutions to G20 India for meeting the challenges of the future.”
Sanjiv Bajaj, President, CII said, “B20 has been instrumental in shaping economic policy statements by the G20 grouping over the years.”
“As India takes over the G20 presidency, the Indian industry’s proactive participation through the B20 India platform will contribute to the G20 dialogue and help develop a conducive environment for businesses to drive growth”, Sanjiv Bajaj added.
Chandrajit Banerjee, Director General of CII said, “We are witnessing major shifts in the way businesses operate around the world, arising from the need for climate change mitigation, accelerated technologies and the aftermath of the pandemic.”
“The global economy must build resilience, make trade more inclusive and ensure equitable digital access. As the B20 India secretariat, CII would work on converging businesses of the world and shaping the B20 agenda on issues of global relevance”, Chandrajit Banerjee added.
B20 India will focus on the following agenda:
- Integration into global value chains and building trade resilience, innovation and R&D, and skilling and mobility of workers, amongst others.
- B20 India work will be conducted through Task Forces and Action Councils, which will develop consensus-based policy recommendations for the G20.
The Chair of Business 20 (B20) India is the forum for corporates and businesses from the G20 nations, Confederation of Indian Industry (CII). There will be 100 business policy initiatives will be organized by CII under the B20 calendar across the country during India’s presidency year.