India to Host First BRICS MSME Forum in Agra to Strengthen Global SME Cooperation

Ø  BRICS Nations to Deliberate on Future-Ready MSME Ecosystem

·         The Ministry of MSME will host the First BRICS MSME Forum and the Third SME Working Group Meeting in Agra on 19 June 2026.

·         The event's theme is “Building for Resilience, Innovation, Cooperation and Sustainability.”

·         Policymakers, industry leaders, entrepreneurs, and stakeholders from BRICS member and partner countries will participate.

·         Participating countries include Brazil, China, Russia, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, UAE, and several other partner nations.

·         India's MSME sector comprises over 8.6 crore enterprises, making it a key pillar of the national economy.

·         MSMEs contribute 31.1% to India's GDP, 35.4% of manufacturing output, and 48.58% of exports, while generating significant employment.

·         The programme will begin with an exhibition showcasing MSME achievements and innovations.

·         The Third SME Working Group meeting will focus on “Building MSME Ecosystem – Sustainable Roots to Global Routes.”

·         Industry associations from BRICS countries will discuss:

o    Access to finance for MSMEs

o    Technology adoption and access

o    Growth of sustainability-oriented enterprises

·         Delegates will exchange best practices, policy experiences, and successful case studies to build resilient and future-ready MSME ecosystems.

·         The forum aims to strengthen international cooperation, promote knowledge sharing, and enhance the global competitiveness of MSMEs.

Key Takeaway

The First BRICS MSME Forum in Agra will serve as a major platform for fostering international collaboration, innovation, sustainability, and financial inclusion, reinforcing the role of MSMEs as key drivers of economic growth and resilience across BRICS nations.

 

[ABS News Service/18.06.2026]

Ministry of Micro, Small and Medium Enterprises, Government of India, will host the First BRICS MSME Forum and the Third SME Working Group Meeting on 19 June 2026 at Agra, Uttar Pradesh under the overarching theme of “Building for Resilience, Innovation, Cooperation and Sustainability.”

The First BRICS MSME Forum Meeting will bring together policymakers, industry leaders, entrepreneurs and other key stakeholders from BRICS member and BRICS partner countries, including Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, Saudi Arabia, South Africa, the UAE, Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, Vietnam and India, to deliberate on strengthening global MSME ecosystems, fostering sustainability and enhancing international cooperation.

India's MSME Sector: Driving Economic Growth and Global Competitiveness

India's MSME sector, comprising over 8.6 crore enterprises, has emerged as a cornerstone of the country's economic growth and development. The sector contributes more than 31.1 per cent to the national GDP, accounts for 35.4 per cent of the manufacturing output, and contributes over 48.58 per cent of India's exports, while generating large-scale employment opportunities across the country.

Behind these numbers are millions of stories of aspiration, innovation, resilience and entrepreneurship. From traditional artisans and rural enterprises to advanced manufacturing units and technology-driven businesses, India's MSME sector represents the true diversity and strength of our economy.

BRICS Nations to Deliberate on Future-Ready MSME Ecosystem

The day-long programme will commence with the inauguration of an exhibition, showcasing MSME excellence, followed by the Third SME Working Group meeting of BRICS members on the theme “Building MSME Ecosystem – Sustainable Roots to Global Routes”

Alongside, private sector stakeholders (Industry Associations) of BRICS members will deliberate on ‘Access to Finance for MSME’, ‘Technology access for MSME’ and ’Growth of sustainability oriented MSME’.

The Forum will witness participation of senior Government officials and delegates from BRICS nations, sharing best practices, policy experiences and successful case studies to foster resilient and future-ready MSME ecosystems.

The BRICS SME Forum is expected to strengthen cooperation among BRICS nations while fostering a collaborative environment to support the growth and global competitiveness of MSME. It will also provide an opportunity for participating countries to exchange knowledge, identify emerging opportunities and build partnerships which will contribute to inclusive and sustainable economic development.

The BRICS MSME Forum reflects the collective commitment of BRICS nations to empowering MSME and positioning them as key drivers of economic resilience, innovation and sustainable growth in an increasingly interconnected global economy.