India targets $200 billion BRICS exports by 2030, report says
India is setting its sights on $200 billion worth of exports to BRICS countries by 2030, according to a research report from Assocham and the Global Research and Strategy Centre.
Trade between India and BRICS has already doubled in just five years, jumping from $203 billion in 2020-21 to $417 billion in 2025-26.
Piyush Goyal backs BRICS export target
The report highlights sectors like engineering, automobiles, electronics, pharma, textiles, agriculture, renewable energy, and digital services.
Commerce and Industry Minister Piyush Goyal called the target "timely and ambitious," noting India's strong GDP growth lately.
With BRICS making up nearly half of the world's population and 40% of global GDP, India's role in building resilient supply chains and tackling global challenges is getting even bigger.