Prime Minister Narendra Modi called on BRICS members to convert their expanding economic influence into deeper trade, investment and business collaboration. He highlighted India’s infrastructure, startup ecosystem, strategic technologies and digital public infrastructure as catalysts for global growth.
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin discussed expanding bilateral trade to $100 billion by 2030, with nuclear energy and critical minerals on the agenda. The talks indicate a concerted effort to deepen economic ties between the two countries.
India will host the BRICS summit in New Delhi on September 12-13, 2026, under the theme “Building for Resilience, Innovation, Cooperation and Sustainability.” The report highlights that India’s trade with fellow BRICS members shows a $226 billion deficit despite growing intra‑bloc commerce.
Delhi hosted the 18th BRICS Summit with Russia presenting a range of cultural exhibits, from traditional toys to music, at the Bharat Mandapam. The event also featured a trade fair with over 130 Russian‑Indian companies and a large Run & Ride program involving more than 5,000 participants.
Russian President Vladimir Putin landed in New Delhi to take part in the BRICS summit, meeting Indian leaders amid heightened global economic tensions. The visit occurs as the bloc convenes against a backdrop of the Russia‑Ukraine war, Middle‑East disruptions and lingering trade policy debates.
