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The group of twenty or G20 has of late emerged as a very premier forum for international cooperation. The significance of it arises from the fact that its members are the world's advanced and emerging economies. These G20 members altogether represents about 85% of the global GDP, 80% of global trade and two-thirds of the world's population. The G20 originated to overcome the financial crisis that occurred in 1990s in the emerging economies of Asia. This organization is broadly representative and inclusive as the G20 chair has been made rotational annually and a member from different regional grouping of countries is elected to its presidency. Since its beginning, India has actively participated in the G20 process. India is a major stakeholder and also interested in the stability of the world economy. Due to India's support during the Seoul summit development was included as an agenda item and the Seoul Development consensus also emerged. India's interest in G20 has imparted dimension and credibility to G20 deliberation. India's successful organization of G20 summit in New Delhi recently has again ignited hopes for the establishment of a framework for strong, sustainable and balanced growth and an alternative world order.