India Joins the BRICS Centre For Industrial Competencies to Support Manufactured
India has recently become part of the BRICS Centre for Industrial Competencies, which aims to support the manufacturing sector in BRICS nations (Brazil, Russia, india, China, South Africa) by focusing on strengthening industrial capabilities and boosting regional manufacturing initiatives.Key Highlights of the BRICS Centre for Industrial Competencies:Purpose and Goals:The centre will focus on promoting industrial development, enhancing manufacturing competitiveness, and fostering innovation across the BRICS economies.The objective is to improve industrial productivity, create more jobs, and improve overall economic growth in the BRICS region.India’s Role:India’s involvement is crucial given its growing importance as a global manufacturing hub. The country will contribute to knowledge-sharing, technology adoption, and best practices, leveraging its strengths in sectors like automobile manufacturing, electronics, and renewable energy.Impact on indian Industry:Technology Transfer: india stands to gain significantly through technology transfers, partnerships in research and development (R&D), and a shared vision of sustainable industrial growth.Job Creation: Strengthening industrial sectors within BRICS will lead to an increase in job opportunities and the creation of a robust, skilled workforce.Global Competitiveness: By participating in this initiative, india can bolster its manufacturing sector and push for more innovation, helping indian companies become more competitive on the global stage.Focus Areas for BRICS Centre:Sustainable Manufacturing: Developing eco-friendly production methods and technologies that can reduce environmental impact.Advanced Manufacturing Technologies: Promoting the use of AI, robotics, automation, and Industry 4.0 to improve efficiency and productivity.Capacity Building: Providing training and development programs to enhance skills and capabilities in the manufacturing workforce.Regional Cooperation:This collaboration strengthens South-South cooperation, with india taking on a key role in industrial development across the BRICS region. The centre will be a hub for promoting collaboration between manufacturers, researchers, and policy-makers from the member countries.Why This Matters for india in 2026:This step signals India’s growing commitment to becoming a global manufacturing leader. By joining the BRICS Centre for Industrial Competencies, india is positioning itself as a major player in driving industrial growth not only in the region but also across the globe.Boosting local Industries: The initiative supports Make in India, India’s flagship program, by creating synergies between domestic manufacturing and international collaboration. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.