India’s trade with BRICS countries has more than doubled over five years, with exports to the bloc projected to reach $200 billion by 2030, according to an ASSOCHAM report.
A Russian Helicopters Group official said India’s leadership in BRICS helped advance discussions on a proposed disaster relief mechanism, while also highlighting India-Russia aviation cooperation.
South African President Cyril Ramaphosa is using the BRICS summit in New Delhi to seek Indian investment in pharmaceuticals, infrastructure, critical minerals, and electric-vehicle battery industries.
At the BRICS Business Forum 2026, Indian Commerce Minister Piyush Goyal urged member and partner countries to open markets, reduce non-tariff barriers, connect payment systems, and expand cooperation in trade, technology, and agriculture.
India’s electronics exports to BRICS member nations rose sharply, with an industry body saying BRICS summit proposals on digital infrastructure and trade facilitation could deliver concrete gains for exporters.
At the BRICS Business Forum in New Delhi, business leaders from Egypt, Ethiopia and Kazakhstan called for factory investments, policy alignment and technology partnerships to deepen economic cooperation within BRICS.
At the BRICS Business Forum in New Delhi, India’s Commerce and Foreign Ministers called for stronger intra-BRICS trade, easier market access, simplified rules and resilient supply chains.
A Russian business delegation is in India for the BRICS summit and Business Forum, where officials highlighted BRICS as a platform for trade, technology, and skills collaboration.
External Affairs Minister S. Jaishankar highlighted India’s potential contribution to BRICS economic cooperation at the BRICS Business Forum, urging integration of business perspectives ahead of the BRICS summit.
