Brazil

India-Brazil pharma meet highlights Brazil's growing role as a priority market for Indian MSME drugmakers, driven by rising exports, regulatory engagement and demand for specialty medicines

The investments are aimed at strengthening domestic production of high-tech medicines in Brazil through partnerships between Indian companies

Brazil Prez concluded his India visit after signing an array of agreements

Speaking at the India-Brazil Economic Forum on Sunday, the President recalled how these gestures mirrored a similar surprise he had arranged for Prime Minister Narendra Modi during the latter's visit

P Kumaran, secretary in the MEA, said Brazilian President Luiz Inacio Lula da Silva, during his talks with Prime Minister Narendra Modi, expressed interest in the Indian UPI payments system

Secretary (East) in the Ministry of External Affairs, P Kumaran said that there is a strong consensus among India and Brazil on UN reforms

India is working to expand the preferential trade agreement with South-American nation bloc Mercosur to further promote trade and investment between the two regions, Commerce and Industry Minister Piyush Goyal said on Saturday. Mercosur is a trade bloc in Latin America comprising Brazil, Argentina, Uruguay, and Paraguay. The India-Mercosur PTA came into effect on June 1, 2009. This PTA has limited coverage and contains only 450 tariff lines or products. Both sides are looking at expanding the scope of this pact to a full-fledged agreement. "The Mercosur region is particularly important for us, and we are working to expand our India-Mercosur preferential trade agreement, to improve market access, to grow investments on both sides, to have technology partnerships, and to engage in sports, education, culture," he said here at Ficci's India-Brazil Business Forum. The minister also said that the bilateral trade between India and Brazil is growing, but it is "sub-optimal". It grew by 25

PM Modi and Brazilian President Luiz Inacio Lula da Silva held talks in New Delhi, focusing on boosting trade, technology, energy cooperation and strengthening strategic ties between the two nations

On Friday, President Lula inaugurated the first office of the Brazilian Trade and Investment Promotion Agency (Apex) in New Delhi

India and Brazil are poised to sign private-sector agreements across pharma, aerospace, ethanol and trade during President Lula's visit, as both nations expand cooperation in critical minerals and AI

Brazil President Lula's India visit signals a shift towards deeper economic and technology cooperation; both nations must close the trade-investment gap and align on global governance reform

Brazil calls for greater trade diversification to counter the negative impact of rising US tariffs

Essar Group firm advances India and overseas strategy amid rising demand for data centre, network and cybersecurity services

The bilateral meeting between Prime Minister Modi and President Lula on February 21 is expected to be the key highlight of the visit

Luiz Inacio Lula da Silva to hold bilateral talks with PM Modi, attend AI Impact Summit and lead business delegation during five-day state visit

The focus would be on lithium and rare earths, and India would also seek access to mineral-processing technologies

The new campus will create over 1,600 new jobs and will serve as a strategic hub supporting clients across industries in Brazil and Latin America

Adani Group and Brazilian aerospace major Embraer are set to announce next week the plan to set up a final assembly line for civilian aircraft in India, a significant push for the efforts to make planes in the country. India is one of the world's fastest growing civil aviation markets and air traffic demand is rising, with airlines expanding their fleets and new airports coming up. A Memorandum of Understanding (MoU) wil be inked by executives of Adani Defence and Aerospace, and Embraer in the presence of Civil Aviation Minister K Rammohan Naidu on January 27 in the national capital. The plan is for setting up the Final Assembly Line (FAL) for making Embraer jets in the country, according to sources. Embraer makes commercial jets with up to 150 seats. With the FAL, Adani Group, which already has good presence in the fast-growing Indian aviation space, will be making its foray into building aircraft in India. One of the sources said that in due course after the operationalisation

Brazilian President Lula will visit India from Feb 19-21 to inaugurate an ApexBrasil office in New Delhi, attend the AI World Summit and sign agreements spanning defence, critical minerals, energy

Domestic refiners are scouting for additional crude supplies from traditional sources while also exploring new geographies