India’s BRICS Presidency Has Been Phenomenal, Says Women’s Business Alliance Chair Avarna Jain
The chair of the BRICS Women’s Business Alliance highlighted digital public infrastructure knowledge work and the upcoming 2026 BRICS Summit in India.
The chair of the BRICS Women’s Business Alliance highlighted digital public infrastructure knowledge work and the upcoming 2026 BRICS Summit in India.
New Delhi seeks progress on trade, payments, energy security and supply chains, while managing ties with China, Russia and the wider Global South
India’s push for a common BRICS declaration faces divisions over the West Asia conflict, while economic cooperation and trade remain key priorities for the bloc.
BRICS accounts for nearly 40% of global GDP by purchasing power parity, compared with about 29% for the G7, while intra-bloc trade remains limited relative to the group’s economic size.
Ahead of the 18th BRICS Summit in New Delhi, India is expected to emphasize dialogue, practical economic cooperation, and institutional reform while hosting an expanded and diverse membership.
India is promoting cross-border UPI integration within BRICS to lower remittance costs, while addressing interoperability, data-flow, and institutional challenges.
Commerce and Industry Minister Piyush Goyal said India’s merchandise exports grew more than 15% in April-August and called for deeper BRICS trade cooperation, stronger support for women-led businesses, and digital trade facilitation.
Economist Jeffrey Sachs said a successful BRICS Summit in India should deliver clear positions on the Iran conflict, advance financial cooperation, and strengthen the United Nations-centred multilateral system.
India will chair the 18th BRICS Summit on 12-13 September 2026 at Bharat Mandapam in New Delhi, marking the 20th anniversary of BRICS and focusing on multilateralism, trade, finance, technology, energy security and sustainable development.