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    G20 has given big boost to brand India, say CEOs

    Synopsis

    "The Indian leadership looked to find credible solutions for assuaging the global headwinds by adopting a humanist and developmental stance. It succeeded to forge a consensus on the historical 'New Delhi Declaration' which proffered ingenious solutions to many pressing global problems. This also reflected India's emergence as a leader of the Global South," said R Dinesh, president of the CII and executive vice chairman at TVS Supply Chain Solutions.

    G20-india--afp-newAFP
    India's G20 presidency has given Brand India a notable heft in the international arena, say corporate leaders, who expect this to have a positive impact on foreign investment inflows and give its businesses more bargaining power in global interactions. India's G20 presidency came at a time when the world was facing a polycrisis that had shaken the economic order, they said.

    "The Indian leadership looked to find credible solutions for assuaging the global headwinds by adopting a humanist and developmental stance. It succeeded to forge a consensus on the historical 'New Delhi Declaration' which proffered ingenious solutions to many pressing global problems. This also reflected India's emergence as a leader of the Global South," said R Dinesh, president of the CII and executive vice chairman at TVS Supply Chain Solutions.

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    "India's commitment to purpose and shared values resonates with nations around the world, further reinforcing our stature as a global leader," said Anish Shah, MD & CEO of the Mahindra Group. "By being able to drive consensus among a diverse group of G20 member countries, India has played the role of a 'competent balancer', who can mediate through complex issues and arguments."

    G20 has Given Big Boost to Brand India, Say CEOs

    Referring to the African Union becoming a member of G20 under India's presidency, Shah said this will be mutually beneficial for India, one of the largest investors in Africa, and the countries there.

    "This platform has enabled India to highlight its role as a dependable partner in the global economy, fostering new partnerships and strengthening international ties. This elevates Brand India, enhancing its appeal for investment and trade," said Larsen & Toubro MD and CEO SN Subrahmanyan.

    "When you strengthen brand India, the confidence of investors in India will go up; India will have a much bigger say in geoeconomics, politics and will be able to influence major decisions in multilateral forums," said HUL ex-CEO Sanjiv Mehta.

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