The 18th G20 Summit was held in New Delhi during 9-10 September 2023. The Summit was a culmination of the G20 India processes and meetings held throughout the year. A G20 Leaders’ Declaration was adopted during the G20 Summit.
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History has been created with the adoption of the New Delhi Leaders’ Declaration
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The Hon’ble Prime Minister of India, Mr Narendra Modi, has lauded the adoption of the New Delhi Leaders’ Declaration and expressed his gratitude to all fellow G20 members for their support and cooperation. Sharing the digital copy of the New Delhi Leaders’ Declaration, the Prime Minister stated, “History has been created with the adoption of the New Delhi Leaders’ Declaration. United in consensus and spirit, we pledge to work collaboratively for a better, more prosperous, and harmonious future. My gratitude to all fellow G20 members for their support and cooperation."
Read the declaration
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Partnership for Global Infrastructure and Investment (PGII) & India-Middle East-Europe Economic Corridor (IMEC)
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The Hon’ble Prime Minister of India, Mr Narendra Modi, and the President of USA, H.E. Mr Joe Biden co-chaired a special event on Partnership for Global Infrastructure and Investment (PGII) and India-Middle East-Europe Economic Corridor (IMEC), on 9 September 2023 on the sidelines of the G20 Summit in New Delhi. The event aimed at unlocking greater investment for infrastructure development and strengthening connectivity in its various dimensions between India, Middle East and Europe. Leaders of the European Union, France, Germany, Italy, Mauritius, UAE and Saudi Arabia, as also the World Bank, participated in the event.
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Use financial inclusion to reduce inequality and
speed up growth
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Mr Dinesh K. Khara, Chairman, State Bank of India; Chair of B20 India Task Force on Financial Inclusion for Economic Empowerment |
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Financial inclusion has been the key tool used by policymakers globally to reduce poverty and inequality, strengthen the livelihoods of people at the bottom of the pyramid, and spur global growth. Financial inclusion has been a part of B20 deliberations for a long time.
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Business action is critical for the G20 to meet its larger objectives
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Mr Chandrajit Banerjee, Director General, CII |
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India’s G20 Presidency came at a time when the world economy was beset with new challenges in meeting the sustainable development goals. The G20 Leaders’ Declaration under Prime Minister Narendra Modi’s astute navigation represents momentous progress, with the Indian presidency setting new benchmarks for global collaboration under the G20 India theme of Vasudhaiva Kutumbakam or One Earth, One Family, One Future.
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“India's G20 Presidency theme, ‘Vasudhaiva Kutumbakam – One Earth, One Family, One Future’, is a global roadmap for sustainable, inclusive, and human-centric development. I wish the participants of G20 Summit every success in their efforts towards realising this vision.”
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— Ms Droupadi Murmu, Hon’ble President of India
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“India is elated to welcome the African Union as a permanent member to the G20. Together, let us foster global unity and progress. Let us also do whatever we can for the development of the Global South.”
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— Mr Narendra Modi, Hon’ble Prime Minister of India
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Confederation of Indian Industry
The Mantosh Sondhi Centre,
23, Institutional Area, Lodi Road, New Delhi 110003, India
T: 91-11-45771000 / 24629994-7 • F: 91-11-24626149 • E: info@cii.in
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