BRICS Focus On Technology Access For MSMEs During India's Chairship
The second SME Working Group Meeting under the BRICS Partnership on the New Industrial Revolution focused on enhancing technology access for MSMEs, with a special emphasis on innovation and workforce readiness. This meeting set the stage for greater collaboration among BRICS countries to boost smaller businesses' integration into global value chains.
Highlights
- •India chairs second SME Working Group Meeting under PartNIR
- •Focusing on technology access, innovation, and skill development for MSMEs
- •Highlighting digital inclusion and strengthening innovation ecosystems
- •Strengthening economic ties among BRICS countries through technology collaboration
Under its upcoming chairmanship in 2026, India has convened discussions on technology access for Micro, Small and Medium Enterprises (MSMEs) during the second SME Working Group Meeting of the BRICS Partnership on the New Industrial Revolution (PartNIR).
The meeting centered around enhancing technology access for MSMEs, with a specific focus on innovation, commercializing technologies, and bolstering workforce readiness. Held on May 26th by the Ministry of MSME, it aimed to address the unique challenges these small businesses face.
Key Focus Areas
The discussions underscored the importance of bridging the technology gap through greater digital inclusion and strengthening innovation ecosystems. Specifically, BRICS nations highlighted ways to integrate smaller enterprises into regional and global value chains while driving economic growth and employment.
Innovation and skill development for MSMEs in tech adoption were key themes. Countries shared experiences and best practices, emphasizing cooperation among economies for technological advancements and talent training.
Future Plans
India plans to host three SME Working Group meetings throughout its chairship period, alongside the inaugural BRICS MSME Forum. These events will cover vital areas such as access to finance, technology adoption, and sustainability-focused growth.
The first meeting in May laid a strong foundation for deeper collaboration among BRICS economies, aiming to build resilient, inclusive, and globally competitive MSME sectors. The Ministry noted that this was highly successful and generated valuable insights for future advancements in technology access.
