India-BRICS trade increased more than 100% during last five years to USD 417 billion in 2025-26: ASSOCHAM

India's trade with BRICS nations has significantly increased over recent years. Outbound shipments to BRICS partners are projected to reach USD 200 billion by 2030. This expansion offers Indian suppliers new export destinations beyond traditional markets. Enhanced cooperation within BRICS will reinforce production networks and value chains. India's economic growth positions it to broaden the bloc's global reach.