India’s Foreign Policy Anchored in Strategic Autonomy Amid BRICS and Quad Engagement

Source: Navabharat | Original Published At: 2026-01-24 02:08:10 UTC

Key Points

• India's foreign policy now emphasizes 'strategic autonomy', engaging both Quad (with US, Australia, Japan) and BRICS (with Russia, China, South Africa, Brazil) to balance national interests.
• BRICS aims to promote dollar-free trade through alternative currency mechanisms, with potential expansion to 26 countries representing 48% of global population and 41% of GDP.
• The New Development Bank (established in 2015) serves as an alternative to World Bank/IMF, supporting infrastructure and startup projects in Southern Asia.
• India rejects China's Belt and Road Initiative due to mistrust, citing unresolved border tensions despite past diplomatic engagements.
• India reduced Russian oil purchases under US pressure but maintains strategic flexibility in balancing relationships.