Recalibrating BRICS: India’s Moment in a Fragmented World

Podcast Episode

Recalibrating BRICS: India’s Moment in a Fragmented World

In this episode of Interpreting India, Vrinda Sahai is joined by Ana Garcia, Associate Professor at PUC-Rio and Coordinator at the BRICS Policy Center, to discuss the evolving direction of BRICS as India assumes the 2026 presidency. The conversation reflects on Brazil’s 2025 chairship, the bloc’s continued focus on reforming global financial governance, and the cautious progress on issues such as local currency trade, financial coordination, and institutional reform. Ana Garcia also highlights the limits of BRICS as a unified geopolitical actor and outlines key priorities for India, including strengthening financial mechanisms, advancing climate and health cooperation, and consolidating the expanded BRICS membership.

By Vrinda Sahai and Ana Garcia

Published on Feb 26, 2026

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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