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PM pitches for BRICS start-up fund and incubator network

Source: The Financial Express | Original Published At: 2026-09-13 12:57:04 UTC

Key Points

  • At the BRICS Summit, Prime Minister Narendra Modi proposed setting up a BRICS Startup Innovation Fund to connect startups, incubators and entrepreneurs across member nations.
  • The adopted BRICS Declaration emphasized innovation and technological cooperation, including Industry 4.0, and deeper engagement among start-ups and SMEs through intra-BRICS initiatives.
  • Modi highlighted agreements on a BRICS Integrated Early Warning System for infectious diseases, early warning guidelines for disaster management, and a BRICS Logistics Supply Chain Cooperation Framework.
  • India emphasized digital agriculture cooperation through a BRICS Network on Digital Agriculture linking artificial intelligence, geospatial technology and digital public infrastructure with farmers.
  • Modi cited BRICS CONNECT, the BRICS MSME Cooperation Portal, the BRICS Urban Mobility Hub, and centres of excellence in smart grids, energy storage, agro-ecology and regenerative agriculture.
  • He said BRICS solutions should be accessible to the wider Global South and called for concrete results as BRICS enters its third decade.
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