India Joins BRICS Centre for Industrial Competencies to Boost Manufacturing and MSMEs

Source: Republic World | Original Published At: 2026-02-04 08:59:40 UTC

Key Points

• India signed a Trust Fund Agreement with UNIDO to operationalize its participation in the BRICS Centre for Industrial Competencies (BCIC).
• The National Productivity Council (NPC) will serve as India's BCIC center, coordinating initiatives on advanced manufacturing practices and MSME capacity-building.
• BCIC aims to address technology adoption gaps in India's MSME sector, which contributes 30% of GDP and employs over 110 million people.
• The initiative focuses on digital manufacturing, automation, and Industry 4.0 collaboration among BRICS nations.
• BRICS countries collectively represent over one-third of global GDP (PPP) and 40% of the world's population.