India-Brazil Trade to Exceed $20 Billion: PM Modi Highlights Trust and Tech Partnership
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News18•21-02-2026, 13:59
India-Brazil Trade to Exceed $20 Billion: PM Modi Highlights Trust and Tech Partnership
•PM Modi and Brazilian President Lula da Silva held delegation-level talks in New Delhi, focusing on economic and technological partnership.
•PM Modi stated Brazil is India's largest trading partner in Latin America, aiming to surpass $20 billion in bilateral trade within five years.
•Trade growth reflects mutual trust, with a large Brazilian business delegation signaling confidence in the partnership.
•Both nations are strengthening cooperation in AI, supercomputers, semiconductors, blockchain, and establishing a Digital Public Infrastructure Centre of Excellence in Brazil.
•India and Brazil emphasize resolving global challenges through dialogue, diplomacy, and strengthening the voice of the Global South.