Rio de Janeiro, July 6 -- Anticipation is high among Indian business leaders attending the BRICS Summit in Brazil, as Prime Minister Narendra Modi's visit is expected to further strengthen India's global trade ties, particularly with Brazil and other BRICS nations.

Shreyans Goyal, Chairman & MD of Shakti Groups, highlighted the significance of the summit in boosting bilateral trade and innovation.

"From the BRICS Summit, we expect a lot of bilateral trade and knowledge sharing between the BRICS countries... Brazil is a leading player of ethanol... In 2005, we first imported ethanol from Brazil into India, and now, today, we are standing at a point where, in the next few years, we'll be exporting ethanol from India," Goyal said.

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