N Chandrasekaran has been appointed to chair B20 India. The chairman of the board of Tata Sons is the promoter of more than 100 Tata group companies with aggregate annual revenues of more than $100 billion.
Centre appoints the Confederation of Indian Industry (CII) to lead the B20 India process. CII assumed the charge on 1 December.
“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," Chandrasekaran said, according to the Live Mint report.
B20 India has identified priorities for deliberations under the theme R.A.I.S.E – Responsible, Accelerated, Innovative, Sustainable, and Equitable Businesses. About 100 business policy initiatives will be organised by CII under the B20 calendar across the country during the presidency year.
“B20 has been instrumental in shaping economic policy statements by the G20 grouping over the years. As India takes over the G20 Presidency, 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," said Sanjiv Bajaj, president, CII, and chairman and managing director, Bajaj Finserv Limited, as per the same report.
B20 India’s agenda focuses on integration into global value chains and building trade resilience, innovation and R&D, and skilling and mobility of workers, amongst others.