India Steers Expanded BRICS Towards New Economic Frontiers Amidst Global Shifts

India is leading the way as the host of the upcoming 18th BRICS Summit in New Delhi this September, taking charge at a time when the group has grown significantly to include 11 full member nations and 10 partner countries. This year, India has already pushed forward major discussions on trade and industry, resulting in the 'Jaipur Consensus' to help smaller businesses grow globally. This expanded BRICS group is becoming a strong voice for developing nations, looking to create its own ways of trading and doing banking that are different from the older, Western-led systems. Countries are exploring things like trading in local money and building new payment systems to rely less on the US dollar, which some call 'de-dollarization'. India is playing a key role in making sure all members, despite their different ideas, work together to build a fairer world economy. As the September summit approaches, all eyes are on how India will guide discussions on big topics like supply chain resilience and digital infrastructure. The decisions made will shape how these rapidly growing economies work together and challenge the traditional global power setup, aiming for a world where many voices have a say.