Agra, Uttar Pradesh, June 19, 2026: In a significant step toward enhancing international cooperation among emerging economies, the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, successfully hosted the First BRICS MSME Forum alongside the Third SME Working Group Meeting in Agra, Uttar Pradesh. The high-level gathering focused on advancing resilient, innovative, and sustainable MSME ecosystems capable of supporting inclusive economic development across participating nations.

Held under the overarching theme “Building for Resilience, Innovation, Cooperation and Sustainability,” the event brought together policymakers, industry representatives, entrepreneurs, and experts from BRICS member countries and partner nations to exchange ideas and develop collaborative strategies for strengthening the small business sector.

The international forum witnessed active participation from delegates representing Brazil, China, Ethiopia, Iran, Russia, South Africa, the United Arab Emirates, Cuba, Malaysia, and Uganda. Meanwhile, Egypt, Indonesia, and Belarus joined the discussions virtually, reflecting the growing global interest in fostering stronger MSME networks and cross-border cooperation.

The programme commenced with the inauguration of a vibrant MSME exhibition showcasing innovative products, technologies, and business solutions from various sectors. The exhibition highlighted the diversity, creativity, and entrepreneurial strength of small and medium enterprises, offering participants a platform to explore emerging trends and opportunities for collaboration.

A major highlight of the event was the Third SME Working Group Meeting, organized under the theme “Building MSME Ecosystem – Sustainable Roots to Global Routes.” The discussions focused on creating stronger foundations for MSMEs while enabling them to access international markets and participate effectively in global value chains.

Representatives from participating countries shared valuable experiences, successful policy frameworks, and innovative initiatives aimed at improving business environments for small enterprises. The exchanges emphasized the critical role MSMEs play in generating employment, driving innovation, promoting local manufacturing, and contributing to sustainable economic growth.

Delegates underscored the importance of building resilient MSME sectors capable of adapting to global economic uncertainties, technological transformations, and environmental challenges. Several participants highlighted the need for digital transformation, access to finance, skill development, green technologies, and supportive regulatory frameworks to ensure long-term competitiveness.

Innovation emerged as a central theme throughout the discussions, with member nations exploring ways to encourage entrepreneurship, foster technological adoption, and support startups that can contribute to future economic expansion. Participants also stressed the value of knowledge-sharing and collaborative research to help MSMEs remain competitive in an increasingly interconnected world.

Sustainability was another key focus area. Delegates discussed strategies for promoting environmentally responsible business practices, resource efficiency, and green manufacturing. Many emphasized that sustainable development should be integrated into MSME growth strategies to ensure economic progress while protecting natural resources for future generations.

The meeting further highlighted the importance of international cooperation in strengthening supply chains, improving market access, and facilitating business partnerships among BRICS nations and partner countries. Participants agreed that deeper collaboration could unlock new trade opportunities and help MSMEs expand their global footprint.

India’s hosting of the forum reflects its continued commitment to empowering small businesses and strengthening economic partnerships within the BRICS framework. By providing a platform for dialogue and collaboration, the event reinforced the collective determination of participating countries to build stronger, more innovative, and more sustainable MSME ecosystems.

As global economies continue to evolve, the outcomes of the Agra meeting are expected to contribute to future policy development, encourage cross-border business cooperation, and create new opportunities for entrepreneurs across the BRICS community and beyond. The forum demonstrated that through resilience, innovation, and partnership, MSMEs can serve as powerful engines of inclusive growth and sustainable development in the years ahead.