Bengaluru6h ago

PM Modi at BRICS Forum: bloc spans 40% of global GDP

What happened

PM Modi told the BRICS Business Forum that India is growing despite global instability and urged the group to act together.

Modi's 'Make in India, Scale for the World' pitch targets manufacturing and export jobs, sectors that employ many Bengaluru workers. Secure sea lanes help keep imported goods like fuel and electronics moving and priced steadily.

The facts

1PM Modi said BRICS is 20 years old and now includes 21 countries.
2He said the group represents 50% of global population, 40% of global GDP and 20% of global trade.
3Modi called India 'a steadfast advocate of freedom of navigation and the safety of seafarers.'

Sources

News18 Karnataka

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Track follow-up agreements from the BRICS summit on trade, shipping and manufacturing involving India.