📺 Stream EntrepreneurTV for Free 📺

Use G-20 to Become Big, Bigger, Biggest In Your Field: Amitabh Kant The G20 is a strategic multilateral platform connecting the world's major developed and emerging economies. Kant said India shall set the agenda for the world to follow and would use the unique opportunity to shape the global narrative

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Amitabh Kant's Twitter handle

"G-20 is an opportunity to become big, bigger and the biggest in your respective field. This is the opportunity you will never get again," said Amitabh Kant, G20 Sherpa of India, while addressing industry stakeholders at PHD House.

India will assume the presidency of the G20 grouping from the current chair Indonesia on December 1.

The members of the G20 are, Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union. Spain is also invited as a permanent guest, quoted G-20 website.

He emphasized on the need of having 10,000 Ambanis and 20,000 Adanis. "One (Mukesh) Ambani and (Gautam) Adani would not do but many such businessmen are required, then only India will grow. So you should use the opportunity of G-20 to become big, bigger and the biggest in your respective field," added Kant.

The G20 is a strategic multilateral platform connecting the world's major developed and emerging economies. The G20 holds a strategic role in securing future global economic growth and prosperity. Together, the G20 members represent more than 80 per cent of world GDP, 75 per cent of international trade and 60 per cent of the world population, the website added.

"If India has to grow at 9 to 10 per cent for three decades, all of you have to go at 30 to 40 per cent per year-- that is the challenge for India. Without the private sector growing all these, one basic fundamental we must realize that G20 is not about government alone. Unless you don't grow and prosper, India will not prosper. Unless a MSME doesn't become a large company and large companies do not become super large, India will not prosper," said Kant, adding that India shall set the agenda for the world to follow. "A very unique opportunity for India to shape the global narrative and provide an Indian vision with a theme and logo based on our ancient civilization."

Prime Minister Narendra Modi, unveiled the logo, theme and website of India's G20 presidency on Tuesday.

The G20 was formed in 1999 with the aim of discussing policies in order to achieve international financial stability. This forum was formed as an effort to find a solution to the global economic conditions hit by the global financial crisis in 1997-1999 by involving middle-income countries and having systemic economic influence.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Marketing

31 Ways to Market Your Business on a Budget

Using these 31 low-cost marketing ideas, you can take your business to the next level. Plus, marketing and advertising advice from industry veterans.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Entrepreneurs Need To Target R&D Of A Million Engineers In India: Tarun Mehta

Indian companies are often quite happy seeing a 3-4 per cent R&D spend but we need to focus a lot on the numbers otherwise no one can beat a 10-100X numbers advantage.

News and Trends

BellaVita Founder Aakash Anand Launches New Venture Studio Wolfpack Labs

INR 25 lakhs to INR 1 crore will be the typical check size for the seed/pre-seed investment.

Leadership

6 Guiding Principles Behind Every Successful Company — And Why You Should Follow Them to Excel

Certain common characteristics that I identified after analyzing the top companies currently active in the market can aid in achieving success. And all of them are applicable to every business.

Growing a Business

The Top 2 Reasons Amazon Sellers Fail

Starting an Amazon business? This is how to avoid the three mistakes I commonly see as an Amazon consultant and what to do instead.