BRICS Summit 2026 – Amid global uncertainties, India offers confidence for growth and stability
Noting that India is building economic bridges while trade barriers are rising globally, Prime Minister Narendra Modi on Friday said that the country has made supply chains across sectors more diversified and offers the assurance of growth and stability even amidst global uncertainties.
Speaking at Leaders’ Session of BRICS Business Forum, PM Modi said BRICS nations are emerging as important centres of global innovation and solutions.
He also said that global trade can move forward only when sea lanes are secure, supply routes remain open and seafarers are safe.
PM Modi said the theme of India’s BRICS chairmanship is ‘Building for Resilience, Innovation, Cooperation, and Sustainability.’
“Over the past 12 years, India has made this mantra the foundation of its economic and trade policies. Regarding resilience, India has made supply chains spanning sectors from energy to technology more diversified and reliable. It is a result of this resilience that, even amidst global uncertainties, India today offers the assurance of growth and stability. We are rapidly expanding our roads, railways, ports, and airports,” he said.
“Simultaneously, we are building new capabilities in strategic sectors such as shipbuilding, semiconductors, quantum technology, critical minerals, and biotechnology…India’s Unified Payments Interface (UPI) has given fresh momentum to financial inclusion and digital transactions on a massive scale. Today, 50% of the world’s real-time payments take place using this technology,” he added.
