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India pushes new corridor for BRICS startups

India's prime minister has asked BRICS leaders to back a plan supporting 100 startups a year as they expand into new markets within the bloc. He also wants a report identifying the top ten trade barriers among BRICS countries and proposed creating 1,000 new cross-border partnerships. The group's joint declaration also backed safe use of new tech like AI, and called for more digital and cybersecurity cooperation.

Why it mattersThe push could mean easier access for startups to expand across Brazil, Russia, India, China, and South Africa—a huge potential market. If the trade barriers come down, tech founders could tap into more funding, resources, and customers across borders.

Sources covering this

YourStoryHeadline onlyBRICS should help 100 startups scale across member markets every year: PM Modi9:47 AM →Inc42PM Modi Bats For A Cross-Border Corridor For BRICS Startups9:38 PM →
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