Business Leaders Expect Boost From PM Modi’s Brazil Visit, BRICS Talks To Strengthen Economic Ties
Are you an entrepreneur tracking global markets and investment opportunities? If so, Prime Minister Narendra Modi’s upcoming visit to Brazil for the BRICS Summit is one to watch closely. The visit holds significant promise for boosting trade, investment, and strategic collaboration across key sectors. Indian business leaders in Rio de Janeiro have expressed strong optimism, anticipating tangible outcomes in areas such as energy, agribusiness, renewables, and startup innovation. With this being the first visit by an Indian Prime Minister to Brasilia in nearly six decades, expectations are high. Modi’s meetings with Brazilian President Luiz Inácio Lula da Silva and other global leaders are set to reinforce India-Brazil ties. Leaders from the BRICS Chamber and FICCI Kerala Council believe the Prime Minister’s presence will inspire investor confidence, attract private capital, and foster long-term global partnerships, perfectly aligned with India’s evolving economic vision on the world stage.
Executives attending the summit represent sectors with high investment potential, including agriculture, energy, and fintech. Leaders expect Modi’s presence to catalyze capital inflows and enhance trade frameworks. VP Nandakumar of FICCI Kerala Council said both India and Brazil offer unique strengths, and this visit enables mutual SWOT analysis. They anticipate that Modi’s direct engagement will strengthen investor morale and motivate teams to launch collaborative ventures. Businesses expect agreements signed at the summit to solidify commercial partnerships and widen India’s access to Latin American markets.
Sameep Shastri, Vice Chairman of BRICS Chamber of Commerce, expressed pride in India’s upcoming BRICS presidency. “We’re eagerly waiting for our Prime Minister to come and address the business forum,” he said. Archana Jahagirdar of Rukam Capital emphasized BRICS as a startup collaboration platform, aligning with Modi’s focus on innovation. “Startups are the core fundamental programme to the Prime Minister’s vision for India,” she said, adding that Brazil can help stage Indian startups internationally. Indian firms are optimistic that Brazil will respond to investment pitches in AI, fintech, edtech, and agritech.
India and Brazil are seeking ways to deepen agribusiness and energy cooperation. Hemil Kiri from Indoasia Copper praised Brazil’s energy potential and said the event helped them explore co-investment avenues. Navneet Ravikar of Leads Connect Services, active in Brazil for three years, sees major potential in livestock technology, breed multiplication, and crop diversification. “We plan to bring those industries into India,” he said. They expect Brazil to offer food processing know-how, while Indian firms supply scale and digital tools. Agritech collaboration will be central to turning both nations into global food suppliers.
Bijoy Devadas from ERAM Group said Brazil offers India exciting opportunities in renewable energy, power electronics, and skills development. “We are exploring the business opportunities,” he noted, citing Brazil’s lack of exposure to India’s capabilities and vice versa. ERAM Group sees potential in building training infrastructure and exporting R&D from Bangalore to Brazil. With Modi’s backing, these initiatives are expected to gain traction. Leaders believe renewable energy and clean technology form the next frontier of Indo-Brazil cooperation.
Indian leaders unanimously believe Modi’s visit represents a strategic push for long-term partnerships under the BRICS framework. With India set to assume BRICS presidency, business forums and government bodies aim to formalize agreements across trade, agri-export, digital services, and energy security. They view this engagement as vital to India’s ambition to lead global South–South cooperation. Modi’s outreach, they say, will add trust and scale to business cooperation. This summit may pave the way for stronger policy alignment and economic collaboration across the emerging world.
(With Inputs From ANI)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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