India, May 8 -- India has advanced its agenda for strengthening MSME cooperation among BRICS nations as part of its 2026 Chairship under the BRICS Partnership on the New Industrial Revolution (PartNIR).

As part of its leadership role, the Ministry of Micro, Small and Medium Enterprises will host three SME Working Group Meetings along with the inaugural BRICS MSME Forum during the year.

The first SME Working Group Meeting was held virtually on April 24, 2026, focusing on "Access to Finance for MSMEs." The discussions among BRICS member countries covered key themes including bridging the MSME credit gap through financial inclusion, financial literacy, and credit readiness, as well as building fintech-driven ecosystems for SME financing and ...