India-Brazil Bilateral Relations
India and Brazil share a multifaceted partnership classified as a Strategic Partnership since 2006. Both are founding members of BRICS, members of IBSA (India-Brazil-South Africa Dialogue Forum), G20, BASIC (climate negotiation bloc), and champions of Global South interests in multilateral institutions.
- Bilateral trade reached $15.21 billion in 2025, with India enjoying a trade surplus of approximately $1.5 billion (exports ~$6.7 billion, imports ~$5.4 billion from some estimates; Brazilian exports to India at $6.9 billion from others).
- Indian FDI in Brazil has reached approximately $2.1 billion, concentrated in IT, pharmaceuticals, and energy.
- Major Indian companies in Brazil include TCS, Infosys, Wipro, Dr. Reddy's, and Sun Pharma.
- Key Brazilian exports to India: sugar, crude oil, vegetable oils, cotton, iron ore, and soybean.
- Key Indian exports to Brazil: petroleum products, organic chemicals, pharmaceuticals, textiles, and machinery.
● Tracked since February 20, 2026 · last seen February 25, 2026 · updates as the daily brief publishes
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