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12 July 2025

India in BRICS: Power, Pressure & Possibility: Decoding India's Rise, Rivalries, and Role in Shaping a New Global Order


The advent of the 21st century ushered in shifting power dynamics, with emerging nations asserting greater influence in global governance. BRICS stands out as a leading group among new global power structures as it represents over 40% of the global population, 25% of global GDP, and nearly 20% of world trade, giving it significant leverage in shaping global economic and geopolitical trends, BRICS a plurilateral grouping of Brazil.

The BRICS membership presents India with both strategic benefits and geopolitical challenges.

THE BRICS VISION: A PLATFORM FOR MULTIPOLARITY

The BRICS group was formed as an opposing force to challenge IMF and World Bank authority and create a new global leadership structure. Since its establishment, India has maintained its commitment to a world system which provides equal representation to emerging economies. Through its BRICS membership, India works to reform the global financial system and advance fair trade practices and development priorities for Southern nations.

Through BRICS, India aims to reshape global order by promoting multipolarity, reducing Western dominance, and leading Global South driven institutions like the New Development Bank. India uses the platform to build a more democratic global institutional framework which opposes dominant structures that have traditionally excluded Asian, African and Latin American perspectives.

ECONOMIC ASPIRATIONS: TRADE, INVESTMENT AND DEVELOPMENT

BRICS caters to India’s economic needs that include trade prospects, investment promotion and development enhancement.

The main benefit of BRICS membership for India is its access to various financial frameworks.


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