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India Highlights Market Growth and Technological Innovation to Boost BRICS’ New Economic Phase

Índia destaca crescimento de mercado e inovação tecnológica para impulsionar nova fase econômica do BRICS
Countries
India
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional Development

Source: Brasil 247 | Original Published At: 2026-09-11 10:10:16 UTC

Key Points

  • Indian External Affairs Minister S. Jaishankar spoke at the opening of the BRICS Business Forum and highlighted India's large and expanding market, growing industrial capacity, skilled workforce, digital capabilities, and innovation ecosystem.
  • Jaishankar said India could make a decisive contribution to the next stage of economic cooperation among BRICS member countries.
  • He urged the private sector to bring a clear business perspective to the future direction of BRICS as leaders prepare for the bloc's summit.
  • The BRICS Business Forum is described as the bloc's main platform for engaging the private sector, with recommendations from the BRICS Business Council feeding into summit declarations and future economic work programs.
  • The article notes that the summit agenda includes supply-chain resilience, cross-border payment systems, use of national currencies in trade, MSME development, digital trade, artificial intelligence, energy security, climate resilience, development finance, and expansion of the New Development Bank.
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