India’s exports to BRICS nations have the potential to nearly double and reach around $200 billion by 2030, according to industry body ASSOCHAM, driven by expanding trade opportunities, stronger economic ties, and rising demand across emerging markets.
ASSOCHAM highlighted that deeper engagement with BRICS economies could provide new avenues for Indian exporters in sectors such as engineering goods, pharmaceuticals, chemicals, textiles, agriculture, and technology-enabled services.
The industry body noted that improving trade connectivity, reducing logistical barriers, and strengthening supply chain cooperation among BRICS members will be key to achieving higher export growth.
India’s growing participation in the BRICS framework is expected to support market diversification and help businesses access new opportunities beyond traditional export destinations.
With continued policy support and enhanced trade partnerships, India is positioned to increase its presence in BRICS markets and move closer to the projected $200 billion export milestone by 2030.