🌍 BRICS and the Rise of Multilateral Alternatives: India’s Role in a Changing World Order

As global geopolitics continues to evolve, the BRICS grouping (Brazil, Russia, India, China, and South Africa) is rapidly transforming into a larger and more inclusive bloc. With Egypt, Ethiopia, Indonesia, Iran, and the UAE recently joining, BRICS is expanding its global footprint beyond its original mandate.

In a significant move, India is set to assume the BRICS Presidency in 2026, offering an opportunity to shape the agenda of this increasingly influential group. The presidency rotates annually — Brazil leads in 2025, and India will take the mantle next.

What makes BRICS particularly important today?

🔹 Alternative to Western-dominated institutions: The bloc advocates for a fairer multipolar world, especially in response to perceived imbalances in organizations like the UN and the World Bank.

🔹 New Development Bank (NDB): A major institutional success of BRICS, the NDB reflects the collective ambition to finance infrastructure and development projects without relying on traditional power centers.

As India prepares to lead BRICS in the near future, the focus must remain on inclusive development, South-South cooperation, and building a resilient global governance system that amplifies the voice of emerging economies.

In today’s fractured geopolitical landscape, the importance of platforms like BRICS lies not just in their economic might — but in their ability to reshape multilateralism for the future.

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