Overview
- The 10th BRICS Industry Ministers’ Meeting in Jaipur, which concluded Thursday, Aug. 6, 2026, adopted a Joint Declaration to shift the bloc from policy talks to practical industrial cooperation under the BRICS Partnership on New Industrial Revolution (PartNIR).
- Ministers finalized a cooperation framework for the BRICS SME Working Group to widen small and medium enterprise participation in cross‑border trade and industrial programs.
- The meeting approved Terms of Reference and a work plan for a BRICS Photovoltaic Industry Working Group and a separate action plan to promote innovation‑led growth by startups.
- Participants highlighted the need for resilient transport and logistics, including GIS‑based infrastructure planning and city logistics, and India proposed a BRICS Incubator Network and a BRICS Startup Innovation Fund to boost technology collaboration.
- India will host the 16th BRICS Trade Ministers’ Meeting on Aug. 7 in Jaipur to translate the technical outputs into trade, supply‑chain and policy actions that could speed project funding, standards work and market access for members.