The abbreviation BRICS stands for Brazil, Russia, India, China, and South Africa, a grouping of the world's leading emerging economies. British economist Jim O'Neill coined the term to describe the four growing economies of Brazil, Russia, India, and China. The organisation was formally established at the inaugural meeting of BRIC Foreign Ministers in 2006 at the United Nations General Assembly and later South Africa was asked to join in December 2010, after which the abbrevi

In the last decade, under the leadership of former Brazilian President Luiz Inacio Lula da Silva, the India-Brazil relationship has developed into a strategic partnership, encompassing all critical spheres of interaction at all three bilateral levels, including IBSA, BRICS, BSIC, G20, and G4, as well as the larger multi-rated arenas of the UN, WTO, UNESCO, and WIPO. President Dilma Rousseff's first visit to India, in March 2012, reaffirmed the relationship's commitment and co