Modi-Lula Talks Today: Critical Minerals, Defence, Trade to Drive Agenda
MMoneycontrol•21-02-2026, 11:33
Modi-Lula Talks Today: Critical Minerals, Defence, Trade to Drive Agenda
- •PM Modi and Brazilian President Lula da Silva meet in New Delhi to strengthen cooperation in critical minerals, trade, defence, and digital technology.
- •A key outcome expected is an MoU on critical minerals, aiming to secure long-term supply chains and reduce India's dependence on China.
- •Discussions will focus on increasing bilateral trade, targeting $20 billion by 2030, and expanding cooperation in clean energy, mining, aviation, and manufacturing.
- •A pact between Embraer and Adani Defense & Aerospace for an E175 aircraft assembly line in India is likely, signaling growing industrial collaboration.
- •Leaders will also exchange views on global economic challenges and multilateral trade tensions, building on recent interactions.