The 9th BRICS Industry Ministers Meeting, held in Brasilia on May 21, 2025, focused on strengthening Global South cooperation for inclusive and sustainable governance. Key outcomes included the adoption of a Joint Declaration reaffirming commitment to a fair global environment, strengthening multilateral systems, and enhancing economic resilience. India launched the BRICS Startup Knowledge Hub to boost cross-border collaboration and invited BRICS nations to contribute to the platform. The meeting also emphasized the importance of MSMEs and digital transformation, with India highlighting the sector's contribution to national exports and the impact of its Digital India campaign. BRICS members agreed to deepen industrial cooperation and promote sustainable growth, guided by collaboration, harmony, inclusiveness, and consensus.
Key Entities Referenced
Ministry of Commerce Industry India: Indian government ministry participating in the BRICS Industry Ministers Meeting.
9th BRICS Industry Ministers Meeting: Meeting of industry ministers from BRICS member countries.
Braslia: Location of the 9th BRICS Industry Ministers Meeting.
BRICS Startup Knowledge Hub: Platform launched by India to boost cross-border collaboration and strengthen startup ecosystems across BRICS member countries.
Digital Transformation: Pillar of industrial resilience highlighted at the BRICS meeting.
MSMEs: Micro, Small, and Medium Enterprises, spotlighted as pillars of industrial resilience and emphasized for their role in the national and global economy.
Startup Ecosystem: Topic on the ministerial agenda related to BRICS nations.
Industry 4.0: Topic on the ministerial agenda and key driver of sustainable development. Also referenced as the objective of the Fourth Industrial Revolution.
Inclusive Growth: Topic on the ministerial agenda related to BRICS nations.
PIB Delhi: Press Information Bureau, Delhi - the source of the information.
Brazil: Chair of the 9th BRICS Industry Ministers Meeting.
21st May 2025: Date of the 9th BRICS Industry Ministers Meeting.
Itamaraty Palace: Venue of the 9th BRICS Industry Ministers Meeting in Braslia Federal District.
Federal District: District where the Itamaraty Palace is located.
Strengthening Global South Cooperation for More Inclusive and Sustainable Governance: The overarching theme of the 9th BRICS Industry Ministers Meeting.
Russia: BRICS member country.
India: BRICS member country and key participant in the meeting.
China: BRICS member country.
South Africa: BRICS member country.
Egypt: Newly inducted member of BRICS.
Ethiopia: Newly inducted member of BRICS.
Iran: Newly inducted member of BRICS.
Indonesia: Newly inducted member of BRICS.
Saudi Arabia: Newly inducted member of BRICS.
United Arab Emirates: Newly inducted member of BRICS.
Joint Declaration: Document adopted at the meeting reaffirming commitment to fostering an open, fair, and resilient global environment.
31st January 2025: Date when India launched the BRICS Startup Knowledge Hub.
BRICS StartUp Forum: Organization under whose aegis the BRICS Startup Knowledge Hub was launched.
5.93 crore: Number of registered MSMEs in India.
25 crore: Number of individuals employed by MSMEs in India.
202324: Fiscal year in which MSMEs contributed 45.73% of India's total exports.
Digital India: India's campaign that transformed the country into the world's largest digitally connected democracy.
251.59 million: Number of internet users in India in 2014.
954.40 million: Number of internet users in India as of March 2024.
Sahyog: Principle of Collaboration.
Samanjasya: Principle of Harmony.
Samagrata: Principle of Inclusiveness.
Sarvasammati: Principle of Consensus.
Abhishek Dayal: Person related to the release.
Abhijith Narayanan: Person related to the release.
Ishita Biswas: Person related to the release.
Release ID: 2131275: Unique identifier for this press release.
Ministry of Commerce & Industry
India Participates in 9th BRICS Industry Ministers’
Meeting in Brasília
BRICS Startup Knowledge Hub Launched to Boost
Cross-Border Collaboration
Digital Transformation and MSMEs Spotlighted as
Pillars of Industrial Resilience
Startup Ecosystem, Industry 4.0, and Inclusive
Growth Dominate Ministerial Agenda
Posted On: 26 MAY 2025 2:52PM by PIB Delhi
India participated in the 9th BRICS Industry Ministers’ Meeting held under the Chairship of Brazil on 21st
May 2025 at the Itamaraty Palace, Brasília – Federal District. The overarching theme of the meeting was
“Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”.
The meeting witnessed the presence of Industry Ministers and representatives from all BRICS member
countries including Brazil, Russia, India, China, South Africa, as well as newly inducted members Egypt,
Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates. The Joint Declaration adopted at the
meeting reaffirmed the collective commitment to fostering an open, fair, and resilient global environment,
strengthening the multilateral system, and enhancing economic and social resilience amid rapid global
transformations.
As a key initiative, India launched the BRICS Startup Knowledge Hub on 31st January 2025, under the aegis
of the BRICS Start-Up Forum. This is the first-of-its-kind dedicated platform for BRICS nations, aimed at
enhancing cross-border collaboration and strengthening startup ecosystems across member countries. India
extended an invitation to all BRICS nations to contribute to and derive benefits from this platform through the
exchange of policy insights, innovations, and best practices.
In line with the Joint Declaration, India also emphasized the critical role of Micro, Small, and Medium
Enterprises (MSMEs) in the national and global economy. India highlighted that with 5.93 crore registered
MSMEs employing more than 25 crore individuals, the sector contributed 45.73% of the country’s total
exports in 2023–24.
The Ministers underscored the need to deepen industrial cooperation and promote sustainable and inclusive
growth across BRICS nations. The Joint Declaration emphasized the pivotal role of innovation and digital
technologies under Industry 4.0 as key drivers of sustainable development. India, in its intervention,
articulated its vision for a future-ready industry that is inclusive, innovative, and digitally empowered,
aligning with the objectives of the Fourth Industrial Revolution.It was noted that India’s Digital India campaign has transformed the country into the world’s largest digitally
connected democracy. The number of internet users in India increased significantly from 251.59 million in
2014 to 954.40 million as of March 2024.
India concluded its remarks by calling upon BRICS members to be guided by the principles of Sahyog
(Collaboration), Samanjasya (Harmony), Samagrata (Inclusiveness), and Sarvasammati (Consensus) in all
cooperative endeavours going forward.
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Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas
(Release ID: 2131275)