Jitan Ram Manjhi, Union Minister for Micro, Small and Medium Enterprises (MSME), on Friday underscored the need for collective action to shape the future of MSMEs across BRICS nations. Manjhi reaffirmed India's commitment to strengthening economic cooperation within the bloc and promoting greater knowledge exchange, innovation, and collaboration among BRICS member countries.
"MSMEs are central to achieving inclusive and sustainable economic development. The challenges facing enterprises today whether related to financing, technology adoption, sustainability or market access require collaborative solutions. BRICS countries possess immense strengths and complementary capabilities. Through continued dialogue and cooperation, we can build a robust framework that empowers MSMEs to become drivers of innovation, exports and employment," said Manjhi.
The Union Ministry of MSME hosted the inaugural BRICS MSME Forum 2026 in Agra on June 19, bringing together government officials, policymakers, industry leaders, and private-sector stakeholders from BRICS member and partner countries. The forum served as a platform to discuss strategies for strengthening MSME ecosystems, promoting sustainable growth, and enhancing the global competitiveness of small businesses across the BRICS bloc.
