The summit also emphasized the need for reforming global financial institutions such as the World Bank and IMF to give emerging economies more influence, advocating diplomacy and multilateral cooperation over conflict, including in Ukraine and Gaza.

India is leveraging the Brics alliance to assert its global leadership and strategic autonomy, especially as tensions with Western powers and US tariffs have inadvertently strengthened solidarity among member countries.

Since its inception in 2006, Brics has grown from a five-country coalition to an 11-member group, now including nations like South Africa, Saudi Arabia, Ethiopia, the UAE, Egypt, Indonesia, and Iran, representing nearly half of the world's population and about 37% of global GDP at PPP.

This expanded membership has significantly increased Brics's economic and geopolitical influence, positioning it as a key player in challenging Western dominance and reducing reliance on the US dollar in global affairs.

Brics has bolstered trade among its members, transforming into a major consumer market, while maintaining strategic ties with both Western economies and China to foster a more diverse and less Western-centric global order.

The 17th Brics Summit held in Rio de Janeiro in July 2025 focused on global south cooperation, inclusive governance, and tackling global issues like terrorism, AI ethics, climate justice, and energy security amidst ongoing international conflicts.

Despite facing challenges like managing perceptions and balancing relations with China, Brics has established itself as a credible platform for reshaping global governance and amplifying the voices of the Global South, with India playing a leading role in this transformation.