Ministry of Micro, Small and Medium Enterprises, Government of India, will host the First BRICS MSME Forum and the Third SME Working Group Meeting on 19 June 2026 at Agra, Uttar Pradesh under the overarching theme of “Building for Resilience, Innovation, Cooperation and Sustainability.”
The First BRICS MSME Forum Meeting will bring together policymakers, industry leaders, entrepreneurs and other key stakeholders from BRICS member and BRICS partner countries, including Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, Saudi Arabia, South Africa, the UAE, Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, Vietnam and India, to deliberate on strengthening global MSME ecosystems, fostering sustainability and enhancing international cooperation.
India’s MSME Sector: Driving Economic Growth and Global Competitiveness
India’s MSME sector, comprising over 8.6 crore enterprises, has emerged as a cornerstone of the country’s economic growth and development. The sector contributes more than 31.1 percent to the national GDP, accounts for 35.4 percent of the manufacturing output, and contributes over 48.58 percent of India’s exports, while generating large-scale employment opportunities across the country.
Behind these numbers are millions of stories of aspiration, innovation, resilience and entrepreneurship. From traditional artisans and rural enterprises to advanced manufacturing units and technology-driven businesses, India’s MSME sector represents the true diversity and strength of our economy.
BRICS Nations to Deliberate on Future-Ready MSME Ecosystem
The day-long programme will commence with the inauguration of an exhibition, showcasing MSME excellence, followed by the Third SME Working Group meeting of BRICS members on the theme “Building MSME Ecosystem – Sustainable Roots to Global Routes”
Alongside, private sector stakeholders (Industry Associations) of BRICS members will deliberate on ‘Access to Finance for MSME’, ‘Technology access for MSME’ and ’Growth of sustainability oriented MSME’.
The Forum will witness participation of senior Government officials and delegates from BRICS nations, sharing best practices, policy experiences and successful case studies to foster resilient and future-ready MSME ecosystems.
The BRICS SME Forum is expected to strengthen cooperation among BRICS nations while fostering a collaborative environment to support the growth and global competitiveness of MSME. It will also provide an opportunity for participating countries to exchange knowledge, identify emerging opportunities and build partnerships which will contribute to inclusive and sustainable economic development.
The BRICS MSME Forum reflects the collective commitment of BRICS nations to empowering MSME and positioning them as key drivers of economic resilience, innovation and sustainable growth in an increasingly interconnected global economy.
As the industry continues to evolve, staying connected with reliable data is essential for growth.
- Stay ahead of market trends and get instant news alerts by subscribing to our free WhatsApp channel for apparel professionals.
- Expand your business reach and connect with new buyers — list your apparel manufacturing company for free in our global directory today.
