New Delhi: India will soon be hosting more than 200 meetings across the nation in 50 cities as New Delhi is set to assume the Presidency of the G20 for one year from Dec 1, media reports said on Wednesday.

Sources told ANI the meetings will take place in less explored parts of the country at very exotic locations of India.

India will assume the Presidency of the G20 for one year from Dec 1 to Nov 30.

Under its Presidency, India is expected to host over 200 G20 meetings across the country, beginning December 2022, read the statement issued by the Ministry of External Affairs.

The G20 Leaders' Summit at the level of Heads of State / Government is scheduled to be held on 09 and 10 September 2023 in New Delhi.

The G20, or Group of Twenty, is an intergovernmental forum of the world’s major developed and developing economies. It comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, UK, USA) and the European Union (EU). Collectively, the G20 accounts for 85% of global GDP, 75% of international trade and two-thirds of the world population, making it the premier forum for international economic cooperation.

India is currently part of the G20 Troika (current, previous and incoming G20 Presidencies) comprising Indonesia, Italy and India. During our Presidency, India, Indonesia and Brazil would form the troika. This would be the first time when the troika would consist of three developing countries and emerging economies, providing them a greater voice.