Neutral impactEconomy
BRICS Summit: Weaponisation of tech, critical minerals could hinder shared progress, warns Modi
BusinessLine 1 hr ago·13 Sept 2026, 7:01 am
Prime Minister Narendra Modi addressed the BRICS Summit, warning that the weaponisation of technology and critical minerals could impede shared global progress. He highlighted the need for resilient supply chains and cooperation in digital agriculture and clean energy to ensure sustainable growth.
This development is significant for the Indian market as it underscores the strategic importance of diversifying trade and reducing dependency on geopolitical rivals. It signals a push for self-reliance in critical sectors, which could influence long-term policy and investment strategies.
Investors should monitor how the government plans to strengthen domestic capabilities in these areas. Shifts in trade policy and infrastructure spending related to these goals could present future opportunities across various sectors.
Excerpt from BusinessLine
Prime Minister Narendra Modi on Sunday warned that the weaponisation of technology and critical minerals could become a hurdle to shared progress, and called on BRICS countries to ensure inclusive access to technology while pursuing growth that balances development with environmental sustainability. Modi said the…Read the original at BusinessLine
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
