BRICS expanded to 11 nations in 2024, adding Saudi Arabia, Iran, UAE, Egypt, Ethiopia, and Indonesia.

By Aniket Chakraborty July 5, 2025 Arrow WORLD NEWS

The enlarged bloc now represents nearly 50% of the world’s population and 37% of global GDP (PPP).

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Prime Minister Modi’s visit to Brazil signals India’s push to shape BRICS as the voice of the Global South.

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With 45% of global oil output, BRICS+ can now explore trading in non-dollar currencies like the rupee and yuan.

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The New Development Bank is expected to fund more South-South infrastructure projects with its expanded reach.

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For India, BRICS+ offers strategic benefits—energy security, new trade routes, and export growth opportunities.

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India now plays a unique role as a bridge between Western democracies and rising non-Western powers.

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But friction remains—China’s assertiveness and varying political systems challenge BRICS' internal cohesion.

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A new BRICS+ guarantee fund could attract private investment in member economies by 2026.

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As BRICS+ grows, India positions itself as a leader in shaping a fairer, multipolar global order.

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