Indian industry bodies are urging the upcoming BRICS Summit to lower trade barriers, improve cross-border payments and trade finance, and strengthen investment and supply-chain partnerships across member economies.
The 18th BRICS summit in New Delhi offers India an opportunity to strengthen its global standing, energy security, and economic cooperation through the BRICS mechanism.
The PHD Chamber of Commerce and Industry urged BRICS to convert cooperation into practical benefits for Indian businesses through trade facilitation, payment links, and SME finance.
BRICS Chamber of Commerce and Industry Chairman Sameep Shastri said India should strengthen exports and deepen intra-BRICS trade cooperation as high energy imports have created trade deficits with most BRICS nations.
India is putting MSME exports at the centre of its BRICS 2026 agenda, seeking wider market access, easier financing and greater use of local currencies as businesses navigate an increasingly fragmented global trade landscape.
About 1,000 delegates are expected at BRICS business meetings in Delhi on resilience and innovation ahead of the 18th BRICS Summit under India’s chairship.
Union Commerce and Industry Minister Piyush Goyal urged BRICS countries to cooperate in expanding international trade opportunities for women entrepreneurs and women-led businesses.
New Delhi seeks progress on trade, payments, energy security and supply chains, while managing ties with China, Russia and the wider Global South
Ahead of the 18th BRICS Summit in New Delhi, Indian exporters urged the government to use the platform to secure measurable commercial gains and reduce trade imbalances with member countries.
