India holds the BRICS chairmanship in 2026 and is leveraging this position to project itself as the undisputed leader of the Global South. The upcoming BRICS summit, to be hosted by India, carries significant geopolitical weight.

Key Diplomatic Developments

  • Chinese President Xi Jinping may visit India for the BRICS summit — his first visit in many years
  • US President Trump may also attend if the Quad summit coincides with the BRICS timeline
  • Canadian PM Mark Carney visited India as part of an Indo-Pacific tour and met PM Narendra Modi, signalling renewed diplomatic engagement after a period of strained ties

US-India Trade Tensions

  • The United States imposed 50% tariffs on India in 2025, citing:
  • India's continued purchase of discounted Russian crude oil
  • Stalled bilateral trade deal negotiations

India's Multi-Alignment Strategy

India's foreign policy in 2026 is characterised by strategic multi-alignment:

  • Deepening ties with the West through Quad
  • Maintaining engagement with BRICS nations including Russia and China
  • Active participation in the AI Impact Summit (held February 2026)
  • Positioning as a leader of the Global South

Significance

India's BRICS chairmanship in 2026 provides a unique opportunity to balance competing geopolitical interests. The potential simultaneous engagement with both Xi Jinping and Trump on Indian soil would be a powerful demonstration of India's multi-alignment diplomacy and its growing clout in global affairs.