Brazilian leader Luiz Inacio Lula da Silva’s India visit—beginning with AI discussions and unfolding into full bilateral engagements—heralds a strategic upgrade in relations between Global South giants, as per a top US-based economist.
In insights shared exclusively, Dr. Anit Mukherjee of ORF America flagged the delegation’s scale: 14 ministers, 150 business heads. Echoing Modi’s Brazil foray last year, this signals expansion beyond BRICS/G20 into trade, investment, and tech realms. ‘Relations historically solid but set to intensify across manufacturing, services, and more,’ he observed.
Lula’s 2001 vision united Brazil, India, South Africa via IBSA/BRICS, fostering dialogue-driven trust. Now, shared traits—dynamic economies, youth bulges, innovation—drive convergence. Brazil’s agribusiness might and Embraer aviation pair with Indian auto/IT exports; Bajaj, Mahindra factories, and TCS/Infosys thrive there.
Digital payments bridge worlds: UPI-PIX combo hits 1B daily transactions, matching payment behemoths. Brazil’s 4,000 Indians, plus yoga/Ayurveda surges, add soft power. In global forums, joint advocacy for finance reforms and emerging market clout persists, with trade booming in energy, drugs, vehicles over years. This visit crystallizes a bolder partnership trajectory.