Brazil BRICS Summit: Business Leaders Hopeful Ahead of PM Modi's Visit

Anticipation is high among Indian business leaders attending the BRICS Summit in Brazil, as Prime Minister Narendra Modi's visit is expected to further strengthen India's global trade ties, particularly with Brazil and other BRICS nations.

- TBG NETWORK

Shreyans Goyal, Chairman & MD of Shakti Groups, highlighted the significance of the summit in boosting bilateral trade and innovation. "From the BRICS Summit, we expect a lot of bilateral trade and knowledge sharing between the BRICS countries. Brazil is a leading player of ethanol. In 2005, we first imported ethanol from Brazil into India, and now, today, we are standing at a point where, in the next few years, we'll be exporting ethanol from India," Goyal said. He further emphasized expectations around "technology transfer in the field of renewable energy, like ethanol and biodiesel and in the field of agriculture, digitalisation," adding that "India and Brazil have been the founding members, and our PM's visit will give a huge boost to India a