BRICS Summit: How it started, expanded and grew into an 11-nation bloc with 40% of global GDP
The BRICS bloc, now comprising 11 nations and representing about 40% of global GDP, will hold its 2026 summit in India. The meeting is seen as a pivotal moment for emerging economies to influence worldwide economic dynamics.
- ✓The BRICS bloc, now comprising 11 nations and representing about 40% of global GDP, will hold its 2026 summit in India.
- ✓The expanded group now accounts for roughly 40% of the world’s gross domestic product, reflecting its substantial economic weight.
- ✓The meeting is seen as a pivotal moment for emerging economies to influence worldwide economic dynamics.
The upcoming 2026 BRICS summit will be hosted by India, bringing together leaders from the eleven-member coalition to discuss coordinated economic policies and cooperation. High‑level officials from each member nation are expected to attend, underscoring the bloc’s growing influence on the global stage.
The expanded group now accounts for roughly 40% of the world’s gross domestic product, reflecting its substantial economic weight. With eleven countries participating, the summit will focus on operational decisions that could reshape trade, investment, and development strategies among emerging markets.
Originally formed as the BRIC grouping of Brazil, Russia, India and China, the alliance has progressively added new members to become the current BRICS configuration. The summit’s outcomes are likely to affect businesses, investors, and citizens across the member states, as the bloc seeks to assert a stronger voice in international economic governance.
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| Issuing Authority | Livemint Indian Economy & Policy |
|---|---|
| Topic Category | WORLD |
| Jurisdiction | All India / National |
| Publication Date | 10 September 2026 |