India is trying to manage its role in the Delhi BRICS summit without antagonizing the United States, while experts warn that BRICS announcements on trade, payments, energy, or local currency could trigger renewed tariff threats.
Speaking at the BRICS business forum in New Delhi, Russian President Vladimir Putin highlighted the group’s growing share of global output and cited BRICS companies as examples of expanding economic influence.
An ASSOCHAM report says India’s total trade with BRICS countries rose from $203 billion in 2020-21 to $417 billion in 2025-26, with exports to BRICS potentially reaching $200 billion by 2030.
At the BRICS summit in New Delhi, Rosatom head Alexey Likhachev outlined cooperation plans covering nuclear energy, nuclear medicine, quantum technologies and non-nuclear industrial projects with BRICS partners.
India’s expected gains from the BRICS Summit include linked payment systems, local-currency trade, energy cooperation, startup support, and strategic talks with Russia and China.
A BRICS summit in Delhi is being framed as a potential platform for India, Russia, China and other members to reshape global economic rules.
An analysis of how India can use the BRICS summit to strengthen diplomatic influence, strategic autonomy, and engagement with Russia, China, and Iran.
Ahead of the BRICS Summit in New Delhi, Russian President Vladimir Putin arrived in India and held a bilateral meeting with Prime Minister Narendra Modi, with defense, energy, trade, investment, and global issues expected on the agenda.
Union Minister G Kishan Reddy said critical minerals will be a major agenda item at the BRICS Summit hosted by India, while highlighting efforts to secure lithium supplies.
