In New Delhi, Putin pitches BRICS investment platform, says bloc’s growth outpaces G7

During a high‑level meeting in New Delhi, President Vladimir Putin presented a proposal for a digital investment platform that would be anchored to the New Development Bank’s framework. He emphasized that the initiative is designed to mobilise private‑sector funding and strengthen the economic competitiveness of the BRICS nations, while noting that the bloc’s overall growth is surpassing that of the G7 economies.

The suggested platform would operate as a digital gateway, allowing private investors to channel resources directly into projects across the BRICS member states under the governance rules of the New Development Bank. By leveraging the bank’s existing institutional structure, the scheme seeks to streamline cross‑border investment flows without requiring new supranational bodies.

BRICS, comprising Brazil, Russia, India, China and South Africa, has been positioning itself as an alternative economic coalition to the traditional G7 grouping. If implemented, the platform could provide member countries with greater access to private capital, potentially accelerating infrastructure and development initiatives while offering investors diversified exposure to emerging markets.