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India needs stronger export push as energy imports drive trade deficits with BRICS nations: BRICS CCI Chairman
India must increase exports to BRICS nations to counter trade deficits from energy imports. Greater focus is needed on export promotion and technology sharing among member countries. Businesses should increasingly use local currencies and digital payments for trade transactions. Logistical challenges are being addressed through exploring new trade routes like the Arctic. Progress is anticipated on trade agreements, particularly between India and Russia.
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thehindubusinessline.com
India-BRICS trade: Key trends and numbers
India’s goods trade with BRICS more than doubled to $417.5 billion in FY26, while the trade deficit more than tripled to $226.1 billion, GTRI said.
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economictimes.indiatimes.com
BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided bloc
India hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fostering economic cooperation. New Delhi…
