What Is BRICS? Full History and India’s Role
Source: प्रभात खबर | Original Published At: 2026-09-10 10:09:37 UTC
Key Points
- BRICS is a cooperation platform for Global South countries aimed at strengthening economic, political and diplomatic cooperation and developing countries' voice in global institutions.
- BRICS originated as BRIC with Brazil, Russia, India and China; the term was coined in 2001 by Goldman Sachs economist Jim O'Neill, and joint work began in 2006.
- The first BRIC summit was held in Yekaterinburg, Russia, in 2009; South Africa joined in 2010 and first attended a BRICS summit in 2011.
- The 2023 Johannesburg summit decided on expansion, adding Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, while Indonesia became the 11th full member in 2025.
- India is a founding member, has chaired BRICS in 2012, 2016 and 2021, and the article states it is set to assume the chairmanship in 2026.
- The article presents BRICS as a rotating coordination platform rather than a formal international organization with a founding treaty, budget or permanent secretariat.