New Delhi, India — Representatives of the BRICS forum, along with a delegation of prominent business entrepreneurs, held a meeting with India’s Minister of Micro, Small and Medium Enterprises (MSME), Jitan Ram Manjhi, to discuss expanding economic cooperation and new opportunities for small and medium-scale industries.
The discussions focused on strengthening MSME partnerships between India and BRICS member nations, promoting cross-border investment, and identifying sectors where collaborative projects could accelerate growth. Business leaders highlighted India’s rising influence as a global manufacturing and innovation hub, expressing interest in technology exchange, skill development, and expanding supply-chain linkages with Indian MSMEs.
Minister Manjhi welcomed the proposals, reaffirming that the MSME sector is the backbone of India’s economic ecosystem and a key driver of employment and innovation. He encouraged BRICS partners to explore long-term collaboration to unlock new avenues of shared prosperity.
India Preparing for BRICS Presidency in 2026
The meeting comes as India prepares to assume the BRICS presidency on January 1, 2026, with plans for a major international showcase comparable to its widely praised G20 presidency in 2023.
Under its presidency, India aims to project a strong national image founded on a “humanity first” approach while prioritizing resilience, innovation, cooperation, and sustainability across BRICS initiatives.
Key priorities will include:
- Making BRICS mechanisms more operational and practical
- Championing the voice of the Global South
- Enhancing cooperation on critical minerals, artificial intelligence, and other emerging sectors
Officials say India expects its leadership to energize the forum and create meaningful new opportunities for cooperation among member states.
Putin to Arrive in India for 23rd India–Russia Annual Summit
The developments also coincide with a major diplomatic event, as Russian President Vladimir Putin is set to arrive in New Delhi on 4 December for a two-day state visit to India to attend the 23rd India–Russia Annual Summit.
During the visit, President Putin will hold talks with Prime Minister Narendra Modi on Wednesday. The two leaders will exchange views on regional and global issues of mutual interest and review the full spectrum of the India–Russia strategic partnership.
A series of agreements are expected to be signed, spanning sectors such as trade, economy, healthcare, academics, culture, and media.
President Droupadi Murmu will formally receive President Putin and host a state banquet in his honour, underscoring the importance India places on its long-standing partnership with Russia.
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