India Puts Startups and Supply Chains at Centre of BRICS Agenda
· 50-word read
In 50 words
As India hosts the BRICS Leaders’ Summit, New Delhi is pushing a development-focused agenda built around a BRICS Startup Innovation Fund, an Incubator Network and a new Logistics Supply-Chain Cooperation Framework. The initiatives aim to improve startup financing, cross-border innovation, manufacturing links and resilient trade among BRICS economies.
Why it matters
The proposals strengthen India's position as an agenda-setter within BRICS, shifting attention toward entrepreneurship, innovation, manufacturing and practical economic cooperation. BRICS economies collectively represent around 40% of global GDP, giving Indian startups and businesses potentially significant new markets and partnerships.
What's next
BRICS leaders are expected to fine-tune these initiatives during the September 12–13 New Delhi summit. India is also pushing for progress on faster, cheaper cross-border payment connectivity among BRICS members.
Key dates
- 2026: India holds the BRICS presidency
- September 11: leaders and delegations gather in New Delhi
- September 12–13: India hosts the 18th BRICS Leaders’ Summit and seeks agreement on new economic and innovation initiatives
Ask BangkokScoop AI about this story
Sources
- indianexpress.comView original →
- reuters.comView original →
