Overview
- President Luiz Inácio Lula da Silva announced plans for a formal strategic alliance with India to deepen political, economic, technological and space cooperation.
- Vice‑President Geraldo Alckmin’s trip to New Delhi yielded early steps, including an Embraer office in India, electronic visas for business travel and new partnerships.
- Lula said he will travel to India in early 2026 to advance the Modi–Lula roadmap agreed in July.
- Bilateral merchandise trade reached USD 12.19 billion in FY 2024–25, with leaders targeting USD 20 billion within five years.
- Officials framed the push against rising U.S. tariffs of up to 50% on Indian and Brazilian exports and highlighted economic complementarity across technology, industry, mining and agriculture.