New Delhi, 14th June 2023: The G20 YEA Summit 2023, to be hosted by CII – Young Indians (Yi) in July in New Delhi, is all set to empower and foster youth entrepreneurs’ contributions to economic growth, job creation, innovation, and social change. It is expected to bring together over 800 change-makers from 40+ nations, creating a platform for immersive learning and networking through a curated series of knowledge sharing.
The G20, composed of the world’s most influential economies, is at the forefront of shaping policies that shape the global landscape. From captivating discussions on economic growth, trade, and financial stability to gripping insights into sustainability, digitalization, inclusion, and equal opportunity – this summit is going to be an exhilarating world of thrilling exploration of the issues at hand in G20 nations and their global significance.
The G20 Young Entrepreneurs’ Alliance (G20 YEA), established in 2010 as a parallel initiative to the G20 summit, is a global network of approximately 500,000 young entrepreneurs from G20 member countries and the organizations that support them. The alliance focuses on various areas related to entrepreneurship, such as access to finance, education and training, mentorship and networking, regulatory reform, and internationalization. By fostering connections between young entrepreneurs, providing them with resources and support, and advocating for their interests, the G20 YEA aims to empower the next generation of business leaders and innovators.
According to Dilip Krishna, President-India G20YEA & National Chairman, CII – Young Indians (Yi), “India is growing rapidly as a country for start-ups and entrepreneurs and is currently the 3rd largest start-up economy worldwide. As the 5th largest economy in the world with the youngest working population, India is world ready and a land of opportunities for growth. We at Young Indians are proud to host the G20 YEA summit in India this year, which will be an apt platform for networking, learning, and collaborating.”
The annual summit sees members from 20+ nations gather to exchange ideas, share best practices, and develop recommendations for government policymakers. These recommendations are then presented to the G20 leaders during their summit, with the goal of influencing policy decisions and creating an enabling environment for youth entrepreneurship. In addition, this year we will be joined by many guest nations to make this a truly global event.
“At the heart of the G20 YEA lies the relentless spirit of the power of togetherness. It unites the next generation of trailblazers with meaningful dialogues and strong partnerships that
transcend borders. This year the theme is aptly Hum – Together We are One, which celebrates the power of coming together as a force of change. We are both humbled and proud at Yi to be at the forefront of this year’s summit, which is sure to open avenues for economic and business growth in a sustainable manner,” says Vishal Agarwalla, Sherpa-India G20YEA & National Vice Chairman, CII – Young Indians (Yi).
‘Hum’ is the credo for the G20 India Summit 2023. Hum in Hindi means togetherness. Hum stands for humanity. Symbolic of interdependence, in global languages it connotes a universal chant, resonating in unison. Yi, as a part of the Young Entrepreneurs Alliance, wants to celebrate this power of oneness, so that together, the alliance can usher in positive transformation, peaceful co-existence, and harmony.
CII Young Indians recognises entrepreneurship as a key element of transformation for India heading into the next decade of growth. CII Young Indians have the vision to be recognized for creating an environment that promotes entrepreneurship as a tool for developing India. Through mentorship and knowledge delivery, CII Yi is creating an environment to prepare school and college students for entrepreneurship. Programs that enable entrepreneurs to scale are also executed regularly.