New Delhi, Feb. 21 -- Himani Pande, DPIIT Additional Secretary on Saturday said the India-Brazil partnership is poised for a more ambitious and transformative phase, asserting that existing trade levels fall short of the relationship's strategic potential, according to a report by Brasil 247.

Speaking at the Brazil-India Business Forum in the national capital, Pande said recent high-level exchanges including Prime Minister Narendra Modi's visit to Brazil and Brazilian President Luiz Inacio Lula da Silva's visit to India have created fresh political momentum. She said the bilateral relationship is now prepared to move onto an expanded and transformative path.

Pande noted that bilateral trade currently stands at around USD 15 billion, des...