Extracted Data Points

  • Ministry of MSME successfully convened the 2nd SME Working Group Meeting under the BRICS PartNIR track on May 26, 2026
  • Meeting theme: "Enhancing Access to Technology for MSMEs"
  • Discussions focused on two main topics: "Harnessing Innovations and Technology Commercialization for MSMEs" and "Skilling and Development of Industry-Ready Manpower for MSME Tech Adoption"
  • This was the second meeting following the 1st SME Working Group Meeting held on April 24, 2026
  • Under India's BRICS Chairship 2026, the Ministry will convene three SME Working Group Meetings and the inaugural BRICS MSME Forum
  • Priority areas for India's chairship: access to finance, technology access, and sustainability-oriented growth for MSMEs
  • Meeting saw active participation from BRICS Member Countries
  • Discussions highlighted need for multi-pronged approach to bridge technology divide through digital inclusion, innovation capabilities, and improved technology readiness
  • Emphasis on supporting MSME integration into regional and global value chains
  • Importance of deeper collaboration among BRICS economies in technology access, innovation ecosystems, and skills development
  • Meeting facilitated policy exchange among countries facing similar developmental challenges
  • Focus on building resilient, inclusive, and globally competitive MSME sectors across BRICS economies