India participates in 9th BRICS Industry Ministers' Meeting in Brasília
India took part in the 9th BRICS Industry Ministers' Meeting held under Brazil's chairship at the Itamaraty Palace, Brasília on 21 May 2025, which adopted a Joint Declaration.
Summary
The 9th BRICS Industry Ministers' Meeting was held under Brazil's chairship at the Itamaraty Palace, Brasília on 21 May 2025, with the theme 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance'. Members including the newly inducted Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia and the UAE attended, and a Joint Declaration was adopted. India invited BRICS nations to use the BRICS Startup Knowledge Hub it had launched under the BRICS Start-Up Forum, and said its 5.93 crore registered MSMEs employ more than 25 crore people and contributed 45.73% of exports in 2023–24. India called on members to be guided by Sahyog, Samanjasya, Samagrata and Sarvasammati.
Key facts
- Meeting
- 9th BRICS Industry Ministers' Meeting, 21 May 2025
- Venue
- Itamaraty Palace, Brasília
- Chair
- Brazil
- Theme
- Strengthening Global South Cooperation for More Inclusive and Sustainable Governance
- Indian initiative
- BRICS Startup Knowledge Hub (under BRICS Start-Up Forum)
- MSME data cited
- 5.93 crore registered MSMEs; 25 crore+ employed; 45.73% of exports in 2023–24
- India's principles
- Sahyog, Samanjasya, Samagrata, Sarvasammati
Practice MCQs 2 questions
Which platform did India invite BRICS nations to contribute to at the 9th BRICS Industry Ministers' Meeting in May 2025?
Show answer
Correct answer: B — BRICS Startup Knowledge Hub
India invited all BRICS nations to contribute to and benefit from the BRICS Startup Knowledge Hub, launched by India under the BRICS Start-Up Forum.
As highlighted by India at the 9th BRICS Industry Ministers' Meeting, what share of India's total exports in 2023–24 came from MSMEs?
Show answer
Correct answer: D — 45.73%
India said MSMEs contributed 45.73% of the country's total exports in 2023–24.