BRICS Business Bodies Push Women-Led Enterprises, Trade

Specific Recommendations From the WBA

According to Jain, the WBA's recommendations centre on creating conditions that allow women-led enterprises to grow, expanding their access to capital and innovation resources, strengthening economic resilience through women-led solutions, and scaling successful initiatives across the wider BRICS grouping rather than confining them to individual member countries. Jain also acknowledged Prime Minister Narendra Modi's role in placing women-led development at the centre of India's own growth narrative, linking the WBA's broader BRICS-level advocacy to a theme already prominent in India's domestic economic policy.

A Parallel Call for Deeper Economic Integration

BRICS Business Council Chair Jai Shroff, presenting the Council's own recommendations, called for greater economic integration among BRICS countries through increased trade, investment, stronger value chains, technology sharing and new partnerships between businesses across member nations. "Our opportunity is to connect the strengths more effectively, to trade more with one another, to invest more in one another, build strong value chains, share technologies and create new partnerships among businesses," Shroff said, framing the challenge facing BRICS less as one of building new economic capacity and more as one of better utilising capacity that already exists within the grouping.

Turning Existing Capacity Into Tangible Opportunity

Shroff was direct about this distinction, noting that BRICS already possesses enormous economic capacity collectively, and that the immediate task facing member nations is translating that latent capacity into concrete opportunities for businesses and entrepreneurs. This framing implicitly acknowledges that BRICS's scale, spanning some of the world's largest emerging economies, has not yet been fully converted into proportionate levels of intra-bloc trade and investment, a gap the Business Council appears keen to help close.

Aligning With India's Chairship Pillars

Shroff explicitly tied the Business Council's recommendations to the four pillars underpinning India's BRICS Chairship this year, resilience, innovation, cooperation and sustainability, offering a concise explanation of how each pillar translates into economic value for the grouping. "Resilience gives our economy strength, innovation gives us competitiveness, cooperation gives them skill and sustainability gives them longevity," he said, effectively mapping the Business Council's private-sector priorities directly onto the summit's official thematic framework.

A Shared Call for Business-Led Participation

Taken together, the two business bodies underscored the need for stronger collaboration and greater participation of businesses across BRICS as the key mechanism for converting the grouping's substantial economic potential into tangible outcomes for entrepreneurs and enterprises, positioning private-sector engagement as a necessary complement to the government-level agreements and declarations emerging from this year's summit proceedings.