New Delhi, May 8 -- India has begun advancing a renewed cooperation agenda for micro, small and medium enterprises (MSMEs) under its 2026 BRICS Chairship, with a focus on improving access to finance and strengthening institutional collaboration among member countries.

As part of its responsibilities under the BRICS Partnership on the New Industrial Revolution (PartNIR), the Ministry of Micro, Small and Medium Enterprises is scheduled to convene three SME Working Group meetings and the inaugural BRICS MSME Forum during its chairship year.

The first SME Working Group meeting was held virtually on April 24, 2026, focusing on "Access to Finance for MSMEs." Discussions among BRICS member countries centred on bridging the MSME credit gap thro...