The Economic Times

India's BRICS trade deficit likely to remain key challenge as imports outpace exports: Report

India's trade relationship with BRICS nations is set to experience a notable increase in its trade deficit, driven largely by rapidly rising imports. While exports to these countries are gradually improving, the pace is not enough to offset the imports, particularly from major players like China and Russia. India aims to enhance its export capacity within the BRICS framework as a strategic priority.